Final

MassVentures

MassVentures Board Meeting

Published on January 4, 2023 at 9:00 AM EST

Date and Time

Monday January 9, 2023 at 8:00 AM EST

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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   Mark Fuller 1 m
  B. Examples of Mission   Charlie Hipwood 5 m
  C. Highlights Discuss Charlie Hipwood 1 m
II. Approvals 8:07 AM
  A. Board Minutes Approve Minutes Charlie Hipwood 1 m
    Approve minutes for MassVentures Board Meeting on November 17, 2022  
  B. Pre-Investment Action Sheet: ExtraSense Vote Charlie Hipwood 1 m
   

Vote to approve the pre-investment action sheet for ExtraSense

  
  C. Pre-Investment Action Sheet: Talking Heads Wireless Vote Charlie Hipwood 1 m
   

Vote to approve the pre-investment action sheet for Talking Heads Wireless

  
  D. Pre-Investment Action Sheet: Armored Things/Lambent Spaces Vote Charlie Hipwood 1 m
   

Vote to approve the pre-investment action sheet for Armored Things/Lambent Spaces

  
III. Financial Matters 8:11 AM
  A. Treasurer's Report Discuss Jim Madison 5 m
  B. Approve Treasurer's Report Vote Charlie Hipwood 1 m
IV. Conflicts of Interest 8:17 AM
 
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.
 
  A. Conflicts Discuss Charlie Hipwood 1 m
V. Executive Session 8:18 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. Presentation - Black I Robotics Discuss Stacy Swider 30 m
  C. Vote - Black I Robotics Vote Stacy Swider 15 m
  D. Presentation - Brilliant Strings Discuss Stacy Swider 30 m
  E. Vote - Brilliant Strings Vote Stacy Swider 15 m
  F. Preview - Eden Geopower Discuss Vinit Nijhawan 10 m
  G. Preview - Florrent Discuss Priya Yadav 10 m
  H. Pipeline Report Discuss Priya Yadav 3 m
  I. Portfolio Update Discuss Charlie Hipwood 5 m
  J. 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.
  
VI. President's Report 10:18 AM
  A. General Update Discuss Charlie Hipwood 5 m
  B. MV Capital Update Discuss Charlie Hipwood 5 m
  C. MV Accelerate Update Discuss Charlie Hipwood 5 m
  D. Other Updates Discuss Charlie Hipwood 1 m
VII. Closing Items 10:34 AM
  A. Adjourn Meeting Vote