Final

MassVentures

MassVentures Board Meeting

Published on October 8, 2021 at 12:32 PM EDT
Amended on October 14, 2021 at 7:36 AM EDT

Date and Time

Thursday October 14, 2021 at 8:00 AM EDT
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Agenda

Section Number Topic Number Details Purpose Presenter Time
I. Opening Items 8:00 AM
  A. Call the Meeting to Order   Samantha Asker 1 m
  B. Examples of Mission   Charlie Hipwood 5 m
  C. Audit Committee Report Discuss Jim Madison 30 m
II. Approvals 8:36 AM
  A. Board Minutes Approve Minutes Charlie Hipwood 1 m
    Approve minutes for MassVentures Board Meeting on September 9, 2021  
  B. Pre-investment action sheet - Jetcool Vote Charlie Hipwood 1 m
  C. Pre-Investment Action Sheet - StataDX Vote Craig Stepno 1 m
  D. Audit Committee Minutes from October 12, 2021 Approve Minutes Charlie Hipwood 1 m
     
III. Financial Matters 8:40 AM
  A. Treasurer's Report Discuss Jim Madison 5 m
  B. Approve Treasurer's Report Vote Charlie Hipwood 1 m
IV. Executive Session 8:46 AM
  A. Roll Call Vote to Enter Executive Session Vote Charlie Hipwood 1 m
   
The Board of Directors will now go into Executive Session, pursuant to Chapter 30A, for the purpose of discussing the following:
   
1.  Regarding Investment matters:
  • Confidential financial information of applicants for MassVentures funds; and
  • Information regarding the competitive positions of such applicants in their  respective industries.
2.  Regarding Personnel / Compensation matters
  • Negotiation with nonunion personnel or conduct a collective bargaining session with a union in executive session, and may even agree on final contract terms.
The Board will reconvene in Open Session following Executive Session.
I will need a roll call vote from the members to go into Executive Session.
  
  B. Aclarity Presentation and Q&A Discuss Vinit Nijhawan 45 m
  C. Aclarity - Discussion for Potential Investment Approval Vote Charlie Hipwood 5 m
  D. Preview - QuantAQ Discuss Vinit Nijhawan 10 m
  E. Preview - Ubicept Discuss Stacy Swider 10 m
  F. Pipeline Report Discuss Priya Yadav 3 m
  G. Portfolio Update Discuss Charlie Hipwood 5 m
  H. Roll Call Vote to Return to Open Session Vote Charlie Hipwood 1 m
   
Having completed all business of this Executive Session, I will now ask the members to vote to reconvene in Open Session.

After Vote:

Anyone who was required to leave during Executive Session be invited back into the room.  We will now announce any Votes that took place during Executive Session.
  
V. Conflicts of Interest
 
Board members are urged to review the Pipeline list of companies and disclose any potential or perceived conflict of interests.  This becomes important if a company becomes a prospective investment candidate, as the Committee member should exclude themselves from discussion or votes regarding the company.  New companies are listed in Red font.
 
VI. President's Report 10:06 AM
  A. General Update Discuss Charlie Hipwood 5 m
  B. Marketing/Messaging Update Discuss Meg Wilcox 5 m
  C. MV Capital Update Discuss Charlie Hipwood 15 m
  D. MV Accelerate Update Discuss Charlie Hipwood 10 m
  E. Other Updates Discuss Charlie Hipwood 1 m
VII. Closing Items 10:42 AM
  A. Adjourn Meeting Vote