Glossary
- Advisory Board
This group of experts, which typically consists of three to seven members, sits alongside the company's board of directors and is usually composed of reputable persons in the company's fields of activity. The board convenes periodically, but its decisions have no legally binding effect. Venture capital funds typically also have their own advisory board, composed of industry experts.
- Agency Problem
Conflict between managers and owners of a company, where the manager (the agent) incentives, and hence actions, are not aligned with the those of the owners (the principals).
- Agreement Among Underwriters
This agreement between members of an underwriters' syndicate appoints the investment bank which leads the offering as the lead underwriter, ...
Get From Concept to Wall Street: A Complete Guide to Entrepreneurship and Venture Capital now with the O’Reilly learning platform.
O’Reilly members experience books, live events, courses curated by job role, and more from O’Reilly and nearly 200 top publishers.
