With Roelof Botha’s entry into SpaceX’s board just a week after the biggest stock market outing in history, venture capital shows that governance doesn’t end in the park. Sequoia Capital’s move, which keeps one of his senior partners in the aerospace giant, throws a clear signal to the founders: a strong institutional investor on the board of directors may be the best sure to drive the post-IPO transition without losing track. The movement that …
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With Roelof Botha’s entry into SpaceX’s board just a week after the biggest stock market outing in history, venture capital shows that governance doesn’t end in the park. Sequoia Capital’s move, which keeps one of his senior partners in the aerospace giant, throws a clear signal to the founders: a strong institutional investor on the board of directors may be the best sure to drive the post-IPO transition without losing track. The movement that …