Want to create an interactive transcript for this episode?
Podcast: Boardroom Governance with Evan Epstein
Episode: Joe Grundfest: "The Biggest Governance Trend for 2024 is the Corporation as a Piñata."
Description: (0:00) Intro.(2:21) About this podcast's sponsor: The American College of Governance Counsel.(3:08) Start of interview.(3:50) On collapse of SVB & other banks. Lessons for board members. *Reference to video from Stanford Rock Center(12:00) On the state of private markets and unicorns. Downturn and shutdowns in VC-backed startups. *Per Pitchbook: “Approx 3,200 private VC-backed U.S. companies have gone out of business this year. Combined, those companies raised north of $27B.”(15:32) On the growth of AI. "The pixie dust."(18:25) On OpenAI's board fiasco and the company's controversial structure."The funda...