February 8, 2021

Why I looked forward to teaming with GigCapital

I had heard about SPACs and done a little research into them, but when I was approached by GigCapital to put my board governance skills to work, I was immediately intrigued.  We are living in an innovative, disruptive (and exciting) time.  Fearless entrepreneurs are working hard to bring products to market that address issues we all care about:  climate change mitigation, health care delivery, cyber security, privacy and data management – it is a long list, and many are technology-driven.  It is hard enough to develop, make and market a product, hire talent, build a supply chain, and do all the other things necessary to grow a successful company.  Raising capital to fund that growth is one of the hardest.  Companies approaching the public market for the first time face a long list of new challenges in navigating the listing process and developing the skills needed to address new sets of stakeholders in the regulatory and investor space.

Gig Capital exists to accelerate this capital formation process and make it more efficient for high-potential companies; to help companies grow while staying focused on their core business.  All SPACs do this, but I was immediately drawn to GigCapital’s core values and sense of purpose – to fund companies doing technology-enabled work that matters, and to mentor the team through board and advisory work while they get on their feet as a public company, a task that is increasingly more complex.  It is the mentor connection that really sealed the deal for me.