Independent Sponsor, Should They Chair the Board?
Should the Independent Sponsor always be the Chair of the Board? Yes, it sounds nice, you control the narrative, and
Board
10 posts
Build board = Build value
The best way to add value in the straddle period between signing the LOI and closing the deal: build a
Board meeting scheduling
Board meeting scheduling: best practices. • Schedule at least 6 months in advance. People feel really important when you send them
Board member comps in the LMM
Board member compensations in the lower-middle market: Investors who take board seats will usually be free. After all, they weren’
Options for excess cash
"What should we do with our excess cash?" is everyone's favorite question at a board meeting.
Advisory board for accountability
An advisory board is a great accountability partner. Advisors don’t need a formal arrangement or hefty compensation. Weekly emails,
Bankers as Free Advisors
Industry-leading investment bankers can be your best advisor - for free. Ping them once you're under LOI. Bankers
Board mtg length vs. EBITDA growth
There's an inverse relationship between the length of a board meeting and EBITDA growth.
Board Meeting Cheat Sheet
This is my board meeting cheat sheet. For some reason I am unable to memorize these lines, which are good
Org Chart w/ Rock Stars
Organization chart coloring. In board meetings I like to present a current view of the organization, and I use four
