First board meeting? Tips: 1. Send the board deck (or memo) 48 hours before. 2. Assume board members have read it, so you don't have go through everything they've already processed. 3. Bring your hardest problems and debates explicitly to the board meeting. Put in the deck/memo. 4. It should be more a collaboration meeting with the board than a readout. 5. You are always kinda in sell mode b/c you need things from the board, but you need to show your warts too. 6. Have your execs on for the meeting, but excuse them for a private session at the end. 7. Try to nail the right altitude -- not too in the weeds, but not too in the sky. Tricky. Good luck.
Even after the SaaS dip, ServiceNow's market cap is north of $100mil "largely" for internal help desk. I've always been surprised how big the ITSM market is. Am I alone on that one?
Every board room. 2015: What are we going to do if Microsoft or Google come into our space? 2025: What are we going to do if OpenAI or Anthropic come into our space?
I recently sat down with @PaloAltoNtwks CEO @nikesharora on Long Strange Trip, and we spent a lot of time talking about M&A – from the buyer’s side. I mulled on that for awhile and came up with my (hopefully non-obvious)...