MassVentures
MassVentures Board Meeting
Published on October 10, 2023 at 4:51 PM EDT
Date and Time
Monday October 16, 2023 at 9:00 AM EDT
Location
1075 Main Street, Suite 100
Waltham MA 02451
Join Zoom Meeting
https://us02web.zoom.us/j/86401105923?pwd=cjRlVXg0dnNNNTRYaXExVkxWWklkUT09
Meeting ID: 864 0110 5923
Passcode: 295420
One tap mobile
+13126266799,,86401105923#,,,,*295420#
Dial by your location
+1 312 626 6799
Agenda
| Purpose | Presenter | Time | |||
|---|---|---|---|---|---|
| I. | Opening Items | 9:00 AM | |||
| A. | Call the Meeting to Order | Yvonne Hao | 1 m | ||
| B. | Examples of Mission | Charlie Hipwood | 5 m | ||
| C. | Highlights | Discuss | Charlie Hipwood | 1 m | |
| II. | Approvals | 9:07 AM | |||
| A. | Board Minutes | Approve Minutes | Charlie Hipwood | 1 m | |
| Approve minutes for MassVentures Board Meeting on September 11, 2023 | |||||
| B. | Pre-Investment Action Sheet - Feon | Vote | Charlie Hipwood | 1 m | |
| C. | Pre-Investment Action Sheet - Versatope | Vote | Charlie Hipwood | 1 m | |
| III. | Financial Matters | 9:10 AM | |||
| A. | Treasurer's Report | Discuss | Jim Madison | 5 m | |
| B. | Approve Treasurer's Report | Vote | Charlie Hipwood | 1 m | |
| C. | Audit Committee Presentation | Discuss | Charlie Hipwood | 10 m | |
| D. | Audit Committee Minutes | Approve Minutes | Charlie Hipwood | 1 m | |
| Approve minutes for Audit Committee Meeting on October 10, 2023 | |||||
| E. | Vote - Audit Committee Recommendation | Vote | Charlie Hipwood | 1 m | |
| IV. | Conflicts of Interest | 9:28 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 | 9:29 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:
I will need a roll call vote from the members to go into Executive Session. |
|||||
| B. | Vote - Amendment to Feon Investment Approval | Vote | Charlie Hipwood | 5 m | |
| C. | Presentation - Envision Endoscopy | Discuss | Vinit Nijhawan | 20 m | |
| D. | Vote - Envision Endoscopy | Vote | Vinit Nijhawan | 10 m | |
| E. | Presentation - Ernest Pharmaceuticals | Discuss | Priya Yadav | 20 m | |
| F. | Vote - Ernest Pharmaceuticals | Vote | Priya Yadav | 10 m | |
| G. | Discuss - Aeroshield | Discuss | Vinit Nijhawan | 10 m | |
| H. | Vote - Aeroshield | Vote | Vinit Nijhawan | 5 m | |
| I. | Preview- Armored Things | Discuss | Charlie Hipwood | 2 m | |
| J. | Preview - ESki | Discuss | Priya Yadav | 2 m | |
| K. | Pipeline Report | Discuss | Priya Yadav | 1 m | |
| L. | Portfolio Update | Discuss | Charlie Hipwood | 1 m | |
| M. | 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 | 10:57 AM | |||
| A. | General Update | Discuss | Charlie Hipwood | 1 m | |
| B. | MV Capital Update | Discuss | Charlie Hipwood | 1 m | |
| C. | MV Accelerate Update | Discuss | Charlie Hipwood | 1 m | |
| D. | Portfolio Report | Discuss | Charlie Hipwood | 10 m | |
| E. | Board-only Session | Discuss | Yvonne Hao | 5 m | |
| VII. | Closing Items | 11:15 AM | |||
| A. | Adjourn Meeting | Vote | |||