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Nicki Locker

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  1. a16z22 min

    a16z Podcast | 'The Most Boring Yet Valuable' 20 Minutes, All About Board Minutes

    Joe Grundfest, Nicki Locker, Sonal

    Properly prepared board minutes function as essential litigation insurance by providing courts with the definitive record needed to verify that directors fulfilled their fiduciary duties and exercised due care. This rigorous documentation standard applies equally to public and private entities, requiring a balanced approach that captures specific deliberations, conflicts, and recusals without resorting to verbatim transcripts. By anticipating hostile legal scrutiny, boards can prevent costly evidentiary burdens and protect against inferences of negligence that arise when actions are not formally recorded.