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"Activist" hedge funds have found that they can make a lot of money by amassing stakes in companies and pressing managers, sometimes by taking board seats themselves, to make changes that force the share price upwards.
(With her promotion, Strange will now begin taking board seats).
Matt Cohler from Benchmark and Eric Acher from Monashees are taking board seats.
Examples include VCs taking board seats, suggesting structures for board meetings, and providing monthly reporting templates.
He'll be sponsoring investments, taking board seats — doing the full gig at Index, but half the time.
If we aren't leading a deal, then we're co-leading and taking board seats or board advisory roles.
Similar(52)
"Next time, I'm taking boards," Cubias said.
People jogging by the sea, kissing by the sea, old-timers taking boards into the sea.
"Eric started taking boards off windows," Ms. Weinstock said, "pulling down Sheetrock, ripping up linoleum.
In numerous cases, we have taken board seats to work with existing managements to help build value.
We take board seats.
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Justyna Jupowicz-Kozak
CEO of Professional Science Editing for Scientists @ prosciediting.com