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Interview with Jason Kraus, Partner, EQx Fund

“It is crucial to every board that the relationship be clear and transparent and avoid the two extremes we have seen cause problems in startup ventures: being the cheerleader board with not enough oversight like WeWork and Theranos or being the board with an adversarial approach that fires a strong leader like Steve Jobs. The key is maintaining distinct roles, transparent communication and creating an environment where both successes and failures of the business can be discussed.”