MassVentures
MassVentures Board Meeting
Published on July 24, 2024 at 12:41 PM EDT
Date and Time
Monday July 29, 2024 at 8:00 AM EDT
Location
1075 Main Street, Suite 100
Waltham, MA 02151
Join Zoom Meeting
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Meeting ID: 861 3411 7379
Passcode: 661193
Phone #: +1 305 224 1968
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Join Zoom Meeting
https://us02web.zoom.us/j/86134117379?pwd=VW1aVitNWHVQNzlJaW94ZXVyRThXUT09
Meeting ID: 861 3411 7379
Passcode: 661193
Phone #: +1 305 224 1968
One tap mobile
+13052241968,,86134117379#,,,,*661193#
Agenda
| Purpose | Presenter | Time | |||
|---|---|---|---|---|---|
| I. | Opening Items | 8:00 AM | |||
| A. | Call the Meeting to Order | Yvonne Hao | 1 m | ||
| B. | Examples of Mission | Charlie Hipwood | 1 m | ||
| C. | Highlights | Discuss | Charlie Hipwood | 1 m | |
| II. | Approvals | 8:03 AM | |||
| A. | Board Minutes | Approve Minutes | Charlie Hipwood | 1 m | |
| B. | Expedited Investment Committee Minutes | Approve Minutes | Charlie Hipwood | 1 m | |
| Approve minutes for Expedited Investment Committee Meeting on July 10, 2024 | |||||
| C. | Comp Committee Minutes | Approve Minutes | Charlie Hipwood | 1 m | |
| Approve minutes for Compensation Committee Meeting on July 24, 2024 | |||||
| D. | Pre-Investment Action Sheet - THS | Vote | Charlie Hipwood | 1 m | |
| E. | Pre-Investment Action Sheet - ETS | Vote | Charlie Hipwood | 1 m | |
| F. | Pre-Investment Action Sheet - Florrent Amendment | Vote | Charlie Hipwood | 1 m | |
| III. | Financial Matters | 8:09 AM | |||
| A. | Treasurer's Report | Discuss | Jim Madison | 5 m | |
| B. | Approve Treasurer's Report | Vote | Charlie Hipwood | 1 m | |
| IV. | Conflicts of Interest | 8:15 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.
|
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| A. | Conflicts | Discuss | Charlie Hipwood | 1 m | |
| V. | Executive Session | 8:16 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. | Osmoses Presentation and Discussion | Discuss | Stacy Swider | 30 m | |
| C. | Osmoses Approval | Vote | Stacy Swider | 5 m | |
| D. | Kytopen Investment Discussion | Discuss | Vinit Nijhawan | 10 m | |
| E. | Kytopen Investment Vote | Vote | Charlie Hipwood | 5 m | |
| F. | Adden Investment Discussion | Discuss | Vinit Nijhawan | 15 m | |
| G. | Adden Investment Vote | Vote | Vinit Nijhawan | 5 m | |
| H. | Pipeline Report | Discuss | Priya Yadav | 3 m | |
| I. | Portfolio Update | Discuss | Charlie Hipwood | 15 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. |
|||||
| K. | Comp Committee Presentation | Discuss | William Asher | 15 m | |
| L. | Comp Plan Vote | Vote | William Asher | 5 m | |
| VI. | President's Report | 10:06 AM | |||
| A. | General Update | Discuss | Charlie Hipwood | 1 m | |
| B. | MV Capital Update | Discuss | Charlie Hipwood | 5 m | |
| C. | MV Accelerate Update | Discuss | Charlie Hipwood | 5 m | |
| D. | Strategy Discussion | Discuss | Charlie Hipwood | 10 m | |
| E. | Board-only Session | Discuss | Sarah Stanton | 10 m | |
| VII. | Closing Items | 10:37 AM | |||
| A. | Adjourn Meeting | Vote | |||