Greg LaBlanc is a Lecturer and Distinguished Teaching Fellow at Berkeley, Stanford, HEC Paris and other prestigious institutions. Greg teaches a wide range of subjects, including finance, strategy, law, innovation, data science, and digital transformation. He is also the host of the podcast Unsiloed. Our discussion delves into the era of AI and tech valuations, the evolution of corporate governance models, including variations in VC and PE, and the dynamics between private and public markets. We also explore the Elon Musk compensation litigation, Delaware vs Texas, and the influence of super CEOs. Finally, we tackle the geopolitical landscape, including the concepts of decoupling or derisking with China, and their significance for emerging markets. If you like this show, please consider subscribing, leaving a review, or sharing this podcast on social media. You can also contribute as a Patron on the link patreon.com/BoardroomGovernancePod or you can subscribe to the Boardroom Governance Newsletter at evanepstein.substack.com This podcast is sponsored by the American College of Governance Counsel.
(0:00) Intro.
(1:19) About the podcast sponsor: The American College of Governance Counsel.
(2:05) Start of interview.
(2:58) Greg's "origin story."
(5:31) His teaching focus.
(8:04) Discussion on startups and venture capital and the era of AI. Behavioral finance and bubbles.
(11:17) Bubbles in private (VC and PE) and public markets.
(15:12) Staying private vs going public fundamentals.
(20:05) The role of governance and advice from directors to CEOs.
(22:43) On growth of private equity.
(28:00) On the rise and importance of AI. Analogy to electricity. *Reference to Paul David's research.
(29:31) On Elon Musk's compensation litigation and the recent Tesla stockholder comp ratification.
(36:13) On the role of directors. "It's really hard to be a good board member." "[Directors] better darn well get comfortable with asking not only tough questions, but dumb questions."
(40:32) On Texas and Delaware's corporate law competition.
(42:04) On the politicization of the boardroom (i.e. ESG) and geopolitics involving China.
(48:11) Books that he recommends reading: The History of English Law Before the Time of Edward I by Pollock and Maitland (1895).
(48:57) His mentors in the area of law.
(50:47) Quotes that he thinks of often or lives his life by.
(51:57) An unusual habit or absurd thing that he loves.
(54:16) About his podcast Unsiloed.
Greg LaBlanc is a Lecturer and Distinguished Teaching Fellow at Berkeley, Stanford, HEC Paris and other prestigious institutions. Greg teaches a wide range of subjects, including finance, strategy, law, innovation, data science, and digital transformation. He is also the host of the podcast Unsiloed.