Participating at the board level of our portfolio companies is one of the most interesting and enjoyable roles I have as a venture capitalist.
A significant portion of building value at a portfolio company happens within the board of directors. As a part of this group, you advise and guide strategy, tactics and outcomes for the company.
In my opinion, there are two key jobs for a venture capitalist: The first is picking great investments, and the second is being influential in the board room as you actively guide the direction of companies. While the first job is important to start the company-building process, the second is where company value is created.