Balderton partners receive equal compensation, voting rights, and deal allocations
Suranga Chandratilake · 20 VC 090: Balderton Capital's General Partner, Suranga Chandratillake on What It Takes To Be A Great CEO · Nov 23, 2015 · at 18:00
Suranga Chandratillake, General Partner at Balderton Capital, explains the governance and compensation structure of Balderton Capital.
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“Boston is an equal partnership. There are very few venture capital firms that are equal partnerships certainly over time. And what equal partnership means is that you know, there are six partners at Boston today, and all of those six partners are entirely equal. They all have exactly the same number of votes in every single deal that we make. They can bring the same number of deals, invest the number of same investments. And also all their compensation is completely identical. So you know, we get paid the same salary. If our companies do well the person who led that investment doesn't do better than the others. They all do exactly the same.”
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