Podcast #141 | Ilya Strebulaev: Takeaways for Corporate Directors from the Venture Mindset

Episode #141 of the Boardroom Governance Podcast features Ilya Strebulaev, the David S. Lobel Professor of Private Equity and Professor of Finance at the Stanford Graduate School of Business, where he also serves as the Director of the Venture Capital Initiative.

In this episode, they talk about Ilya’s new book "Venture Mindset: How to Make Smarter Bets and Achieve Extraordinary Growth" with specific insights for board members.

Evan and Ilya discuss the critical strategy of aiming for home runs in investments, relevant to both VCs and corporate leaders. Additionally, they cover disruptive innovation, effective board governance, and the consequences of missed opportunities and anti-portfolios.

They examine real-world cases such as Theranos, Yuri Milner’s investment tactics, and fostering innovation within large corporations through intrapreneurs, CVC and corporate unicorns.

Lastly, they debate the pros and cons of staying private versus going public, the dynamics of employee equity and liquidity, and the principles of betting on the jockey while knowing when to double down or quit.

You can listen to the episode directly in the Boardroom Governance Podcast website (where you can find all the show notes), or wherever you listen to your favorite podcasts such as in: Apple or Spotify.

You can also join as a Patron of the Podcast at patreon.com/BoardroomGovernancePod and/or subscribe to the Boardroom Governance Newsletter at evanepstein.substack.com

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Pacifica Global was founded in San Francisco to serve as a leading corporate governance advisory firm. The mission of Pacifica Global is to help founders, executives, directors and investors solve some of their most complex corporate governance conflicts and challenges.