Joining the NVCA Board of Directors

At the 2007 National Venture Capital Association (NVCA) annual meeting, I was elected to the NVCA board, where I now serve on the NVCA’s Education Committee along with Ira Ehrenpreis of Technology Partners and Terry McGuire of Polaris Ventures. In addition to Ira and me, six other venture capitalists join this year’s class of incoming board members– Jim Hale, FT Ventures; Paul Maeder, Highland Capital Partners; Kate Mitchell, Scale Venture Partners; Roger Novak, Novak Biddle Venture Partners; David Prend, Rockport Capital Partners; and Jonathan Root, US Venture Partners. Each of us will serve a four year term.  In conjunction with the incoming directors, Ted Schlein of KPCB has taken the gavel from outgoing chairman Bob Grady of Carlyle.

Since this blog’s inception in 2005, a substantial portion of its content has been devoted to discussing questions of professional education, emphasizing director responsibilities and best corporate governance practices in venture capital. I’ve been writing about these issues in public since 1999, and Levensohn Venture Partners added podcasting as a tool to promote these professional education outreach efforts last year with the creation of the VC-InsideOut Governance Series.

Education in our industry involves educating regulators, legislators, and other public policymakers about the importance of venture capital to the U.S. economy, and I intend to use my new role in our industry association to extend the reach of the best governance practices work that I’ve driven through collaborative white papers, webinars, podcasts, and speeches at VC industry forums since "After the Term Sheet…" was first released in 2003.

Continuing to educate myself about the increasingly complex business and regulatory environment in which we operate is an ongoing process, and I am honored to have the opportunity to contribute to the NVCA’s leadership in this important area of professional development.

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