XA Podcast 023 | Board Fundamentals for Startups with Carmen Yuen and Ferish Patel | Governance Series


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Startups are expected to move fast and break things. But too much of that and you land in hot water! That's why high quality startups spend time establishing a responsible and active Board. Find out how in this episode jointly presented by Singapore Institute of Directors and the XA Network

Our Guests

Carmen Yuen is a general partner at Vertex Ventures. For many years, she has served in Singapore’s government-backed venture capital initiatives, including EVBI. She’s also served as general mana of seeds capital, where she formulated policies to steer funding for seed-stage startups in the country. She currently serves on the boards of Tickle Media, Sunday Insurance, Speed Doc, and Turn Key Lender.

Ferish Patel is the Managing Partner of Cooley Singapore, which he founded in 2019. He has 20 years of experience advising founders and boards across the full life cycle of the new-age economy, including private financing, corporate governance, mergers and acquisitions, and IPOs. His breadth of experience spans Asia, the USA, and Europe. He regularly mentors founders on founder impact groups and platforms across Asia.

In This Episode

  • The purpose, roles, and responsibilities of a corporate board
  • How startups should start thinking about boards
  • What a startup should expect from its board
  • How investors can prioritise their time as a board member across their portfolio
  • The difference between a board and a board of advisors
  • Assessing the efficacy and compliance of a board


Your Host

Reza Behnam, Founder of digital.direction and Senior Entrepreneur-in-Residence at Mach49, is a veteran in the tech and digital space. He has founded and exited a number of companies in the MarTech and business analytics spaces and is an active angel investor in innumerable ventures. He is an active member of the Singapore Institute of Directors as well as the XA Network


The XA Network (formerly Xoogler Angels) was founded in 2018 as an exclusive investment network comprising senior executives from leading global and regional technology companies. Our mission is to provide smart capital to early-stage companies across Southeast Asia. The XA podcast brings together voices from the ecosystem that powers early stage investing across this vibrant region. Our guests include entrepreneurs, Venture Capitalists and of course XA Network investors.

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