Where in the World is Tech Leadership Coming From?
Tanya Mir, February 14th, 2023
Part of my job as an executive recruiter in Silicon Valley is to find out what makes leaders tick. I often hear the most amazing stories about how business leaders came to the United States from some other part of the world seeking challenge and opportunity. This could describe my family – I am the daughter of an engineer who came to the US
Venture Backed Companies Need Real Help in 2023
Mark Lonergan, January 24th, 2023
There is a lot of recent research about the number of board seats held by individual Venture Firm General Partners. It is true that the average GP has more than doubled the number of companies on whose boards they sit. Perhaps this practice is sustainable during prolonged market upswings, but the dilution of the GPs time and
Lonergan SV150 Market Cap Remains Down 30%
Nine Month Update on the 2022 Rankings
Susan Lonergan, January 4th, 2023
The S&P 500 dropped 19% in 2022, and the NASDAQ shed 33%.
By comparison, the combined market cap of the 2022 Lonergan SV150, our firm’s ranking of the top public companies in technology headquartered in Silicon Valley, has dropped a total of 30% in the nine months since March 31.
Who’s in Charge Around Here?
Mark Lonergan, January 3rd, 2023
In November, Bret Taylor walked away from the Co-CEO role at Salesforce. He had been in that role for only 12 months and it is clear that he and SalesForce founder Marc Benioff were pulling in different directions. There were dozens of articles written in the wake of Taylor’s resignation citing reasons for his abrupt departure.
Time to Clean House?
Board Performance in a time of Economic Urgency
Mark Lonergan, November 30th, 2022
In its most recent survey of public company board directors published just last month, PwC found over 48% of respondents indicated that there’s at least one other board director who they think should resign their board position. 19% indicate that they think two or more fellow board members should resign. And these numbers are up