Interviewers ask this kind of question to surface how you think, not what you remember. The strongest answers are specific, calmly told, and end on what changed.
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As the deal partner holding the board seat, you missed early governance red flags at a portfolio company — related-party payments to the founder's family that a more attentive board member would have questioned. It's now a real problem. How do you own your board role in it?
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