5 Things I Wish I Knew About Corporate Boards When I Was An Institutional Investor
By Adam J. Epstein | MicroCapClub.com | November 29, 2016 The best part of undertaking more than 80 speaking engagements around the world in the last few years has been the incredibly smart, diverse, fascinating people I’ve met; investors, academics, students, world leaders, scientists, visionary business leaders, social activists, amazingly helpful […]
When Large and Small Worlds Collide
If serving on the board of a large-cap company is like staying at the Four Seasons, small-cap boardroom service is akin to camping. When directors who are more accustomed to the accoutrements of the former decide to “rough it,” sometimes it’s a great boardroom experience, and sometimes it isn’t. Resource Shock In Silicon Valley, leaders […]
A Buy-Side Perspective on Stock Ownership Guidelines
By Adam J. Epstein | NASDAQ MarketINSITE | August 17, 2016 The lion’s share of large-cap companies in the United States now require named executive officers (NEOs) and board members to attain a certain level of stock ownership within a defined time period, and then to maintain that ownership during the course of their tenures. […]
What VCs Can Learn From Olive Garden
Easily some of the smartest people I’ve been privileged to meet in my career are venture capitalists within the Sand Hill Road ecosystem. Moreover, venture capital is absolutely critical to the U.S. economy. That said, the VC industry needs to evolve when it comes to the governance of their portfolio companies — full stop. […]
Silicon Valley’s legendary investors are stuck in the past
By Adam J. Epstein | businessinsider.com | July 25, 2016 It turns out that corporate governance is about more than just lawyers endlessly droning on about Delaware law after all. Everywhere in the capital markets, large institutional investors are laser-focused on what’s going on (or not going on) in boardrooms of public companies. BlackRock, CalSTRS, and CalPERS, among […]
An Epidemic of Value-Eroding Communication
At its core, effective communication is about two things: knowing your audience, and making sure your message is tailored to that audience. Get one of those things wrong, and communication will be strained. Get both of those things wrong, and you’re probably not communicating at all. Attention board members of the nearly 50 percent of […]
Pay Attention to Corporate Governance, MicroCap Investors
Planet MicroCap Podcast | June 29, 2016 Listen to the Podcast For this episode of the PlanetMicroCap Podcast, I spoke with Adam J. Epstein, Founder of Third CreekAdvisors, LLC. Mr. Epstein is a former institutional investor, well-known speaker on corporate governance, and the author of the best-selling resource created specifically for small-cap corporate directors, titled, […]
David Weild: The Father of the JOBS Act Has a ‘Magic Bullet’ for Small-Caps
David Weild IV is the founder of Weild & Co., an investment banking firm that assists public or aspiring public companies with capital formation and aftermarket support to expand their distribution to select investors. Weild previously was vice chair and executive committee member of Nasdaq and spent 14 years at Prudential Securities in various senior […]
Corporate Governance Is Not One-Size-Fits-All
Adam J. Epstein | May 2016 | SPECIAL REPORT: OPERATING AN EFFECTIVE BOARD In the US financial markets, investor, media and regulatory focus is predominantly trained upon the largest public companies. But, the large-cap bias in the US, and other global markets, camouflages a capital markets truism: the overwhelming majority of publicly traded companies are […]
Board Composition from a Buy-Side Perspective
In this latest update from the Nasdaq Amplify program, we engaged Third Creek Advisors to provide insight into institutional investor perspectives of small-cap company board composition. By Adam J. Epstein | NASDAQ MarketInsite | May 2016 According to Activist Insight, 73 percent of shareholder activist campaigns in 2015 were waged against companies with market capitalizations below […]