On the record about
3 people · 5 quotes · 27 Oct 2020 to 15 Jul 2026
3 of 3 lanes rest on fewer than 5 quotes and are marked thin. Offsets are days from the middle first-quote date, 11 Sep 2025 — a date, and nothing else. It is not a claim about who reached a view first.
Gerstner reports 60 companies pledged to add Black or Latino directors within eight weeks of launch.
“So here we are eight weeks into this undertaking, we've had over 60 companies now take the pledge, five companies including Zillow that stepped up.”
Gerstner sets goal of 500 companies pledging to add diverse directors within one year.
“Our goal is that within a year we have 500 companies who've taken the pledge and that we begin changing the corporate consciousness.”
Friedberg explains CEOs drive business outcomes while board members cannot control or lead companies from board seats.
“I cannot control a company, I cannot direct a company, I cannot lead a company from the board.”
Friedberg contrasts board role as waiting for things to happen versus CEO role as making things happen.
“it feels like when you're on the board, every day you're waiting for shit to happen. But if you're the CEO, every day you get to wake up and make shit happen.”
Gurley explains VCs are limited to about two boards yearly so cannot fund everything above hurdle rate.
“And and so they don't have limited shot unlimited shots on goal. They can't fund everything that's over 12% hurdle rate.”