Suranga Chandratilake, General Partner at Balderton Capital, explains his framework for how CEOs should balance delegation with direct executive intervention.
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“I think where you step in is in the areas in between these, you know, when things contradict, when there are topics that are sort of owned by multiple departments at the same time, or where you just know you have a weak team.”
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More from Suranga Chandratilake
AssertionNot checkable as stated
Balderton partners receive equal compensation, voting rights, and deal allocations
“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 equa…”
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PredictionOpen · timeframe Nov 2020
In the future, all programmers will write code in the cloud
“In the future, all programmers will write code in the cloud and Cloud Nine is the premier option for that today.”
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Insight
Replacing technical founders with MBA CEOs persists in Europe
“I think that idea has well and truly been replaced in the U S where it's okay to do that if you want to do that, but it's also okay to stay in charge. So you have, you know, very, very prominent cases like someone like Mark Zuckerberg, for example, or Jack Dor…”
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Insight
Great tech CEOs need visceral product understanding over data analysis
“Certainly in technology, if we just sort of focus in on that, one thing that's key is someone who is viscerally understands the product that they're building and the marketplace that product lives in. You know, if you look at someone like Steve Jobs, that's wh…”
Suranga ChandratilakeNov 23, 2015▶ 8:3720 VC 090: Balderton Capital's General Partner, Suranga Chandratillake on What It Takes To Be A Great CEO
“I think it works a lot, lot better because it destroys a lot of the politics that exists in a lot of venture capital firms.”
Suranga ChandratilakeNov 23, 2015▶ 18:3720 VC 090: Balderton Capital's General Partner, Suranga Chandratillake on What It Takes To Be A Great CEO
Disclosure
Balderton has no clear partner promotion track for analysts
“We're pretty open about the fact that our policy is that there isn't a clear track from, you know, analyst to principal to partnership.”
Suranga ChandratilakeNov 23, 2015▶ 21:4020 VC 090: Balderton Capital's General Partner, Suranga Chandratillake on What It Takes To Be A Great CEO
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