Some interesting statements from Lucy Marcus in this conversation with Azeem Azhar of PeerIndex.

In the Boardroom: volatile startups need independent boards

Building the board gets lost in that things get busy, they’re busy doing other things, looking for money, looking for people, trying to actually build the company and the product.

Best practice for corporate governance in boards are the same everywhere, for any size company.

You want to start from scratch and build best practice into the DNA of the company.

Azeem talks about board transition: what happens when you get a new investor or a new founder, or when you add an independent director for the first time? You need to manage the board transition process.

Xenapto is in the business of ensuring that the boards of growth-stage companies find best practise is the best and easiest choice.