CVC Board Members & Board Observers
About the Program
Today’s Corporate Venture Capitalists (CVCs) are playing increasingly influential and high-value roles in the global investment ecosystem, participating in more than 25% of VC deals. However, CVC is a challenging job. Corporate Venturing programs must operate professionally in a complex set of interdependent ecosystems involving both internal and external stakeholders and are tasked with both financial and unique strategic mandates. Integrating an understanding of the VC ‘rules of the game,’ with an appreciation for the nuances and requirements of strategic investing is fundamental to CV program professionalism and impact.
What is CVC Board Members & Board Observers?
This is the definitive course on CVC Board Member and Board Observer strategies and best practices:
Delivered via a fast-paced combination of lectures, challenging hands-on scenario role plays and interactive discussions with CVC, VC and legal experts, and cohort peers
Explores the roles, responsibilities and global considerations for venture-backed company Board Members and Board Observers
Describes the regulatory and contractual framework for startup company Board Members and Board Observers and outlines typical board meeting agenda and practices
Delves into the nuances for strategic investors serving as startup Board Members and Board Observers (e.g. Board Member vs Board Observer strategies, Board Member vs Stockholder representative roles, side letters, corporate vs personal liability and reputational risk…)
Includes library of resources, assessment-based certification framework and ongoing update/re-certification process to ensure team knowledge and skillset remain current
Offers ongoing access to private Institute alumni LinkedIn group and quarterly online expert panels discussing CVC hot topics
Course Format Benefits
CVC Board Members & Board Observers is offered in two formats: live online (via Zoom) or in person, each with unique benefits.
Our live online courses offer:
Flexibility and Convenience: Accommodate your professional and personal commitments with a course structure designed for 6 hours over two days.
Immediate Application of Skills: Apply what you learn in real-time to your current role and team, boosting your productivity and contributing to your organization’s success.
Comfortable Learning Environment: Study from the comfort of your work, home, or preferred location with easy access via an online Zoom link.
Cost Effective: Save on travel and accommodation costs while still accessing high-quality training.
Networking Opportunities: Connect with peers from other corporations to share experiences, challenges, and best practices
Our in person courses offer:
Networking Opportunities: Interact face-to-face with industry experts and fellow participants
Interactive Learning: Engage and ask questions in real time and participate in discussions that will enhance your learning to the full.
Hands-on Experience: Deepen your understanding and retention of the material through practical exercises and case study discussions.
Amplify Effectiveness and Impact
Our in-person conduct runs across two full days, while the live online conduct runs across three days (four hours per day).
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Legal framework (structure, governance and committees,
applicable laws)Role of the Board and fundamental duties
Board composition
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Duty of Care
Duty of Loyalty
Business Judgement Rule
Safe Harbors and good Board Member practices
Director and Stockholder roles
Legal representations and protections
US States and International variances of Fiduciary responsibilities
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Meeting logistics, quorum and structure
Preparing for the Board meeting
Nuances for CVC Board Members
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Serving on audit or compensation committees
Dealing with down rounds or insolvency
Preparing for exits/M&A
Handling CEO/key executive transitions
Stockholder situations
Transitioning Board Member
Portfolio company policies
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Observer rights and responsibilities (contractual)
What makes a good Observer
CEO and VC expectations of CVC Board Observers
Confidentiality and Conflicts of Interest
The Side Letter
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Board Seat vs. Board Observer Seat: Pros and cons
BU representatives as portfolio company Board Members or Observers
Transfer of an existing CVC Board Seat/Observer Role
Learning Modules
Upcoming Conducts
November, 2025
7:00AM -11:00AM PT
Sessions are held live online via Zoom.
US/Europe/LatAm Friendly Time
Course includes kick off session on November xx from 8:00AM - 9:00AM Pacific.
December 3-4, 2025
9 AM - 5:00 PM ET
This IN PERSON course is held in New York, NY
Daily breakfast and lunch are provided. All participants are invited to GCV’s Town Hall and Merry Mixer on December 3rd following the first day of the course.
Who Should Attend?
New or aspiring CVC portfolio company Board Members or Board Observers
Experienced CVC Board Members or Board Observers in need of a ‘refresher’
CVC Investors, who share portfolio company investment management responsibilities with Business Unit executives who hold the Board Member or Board Observer seats
Business Unit executives who are or aspire to be CVC portfolio company Board Member or Board Observers
In-house legal counsel who work with the CVC team
Community
Enrollment in CVC Board Members & Board Observers include invitations to quarterly panel discussions featuring a VC, a CVC and an attorney.
Pricing
$2,250 per person for live online course delivery or $3,500 per person for in person course delivery.
Group discounts and Leadership Society member discounts available – contact courses@gcvinstitute.com for more information.
