Comments on: The New Dynamics of Venture Capital http://blog.expertceo.com/2009/01/05/the-new-dynamics-of-venture-capital/ Leverage the Expertise of Senior Executives Thu, 05 Jan 2012 07:16:26 +0000 hourly 1 http://wordpress.com/ By: Imran Nasrullah http://blog.expertceo.com/2009/01/05/the-new-dynamics-of-venture-capital/#comment-107 Sat, 25 Apr 2009 10:54:44 +0000 http://blog.expertceo.com/?p=169#comment-107 Do investors (VCs) who have taken the lead in forming a VC backed compnny, sit on the board, often provide the management, and build SABs (in the case of biotech start-ups), breach their fiduciary duty to the company when they decide to pull back cash, not for any other reason but they are “afraid” to put money into the firm?

Could other board members launch a shareholder suit against the VC that holds out as in your example within the story?

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