How to Rewrite the Rules of 'Founder Mode' (Frank Slootman, Chairman, Board of Directors, Snowflake)


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Nov 01 2024 51 mins   1

Frank Slootman turns the 'founder mode vs. manager mode’ debate on its head.

Frank’s track record in B2B land is iconic: He took Data Domain from pre-revenues to a $2.5B acquisition by EMC. He led the IPO at ServiceNow, and when he left the company, it was worth $34B. Frank then took Snowflake public, and the company was worth over $70B when he retired earlier this year.

After three successful CEO stints, Frank isn’t buying Silicon Valley’s fairytales about founders. His leadership style combines a manager’s prowess with a founder’s passion. Frank epitomizes what some might call “owner mode!”

(00:07) Frank's thoughts on 'founder mode' vs. 'manager mode'

(00:47) The role of non-founder managers and CEOs

(09:59) How to manage effectively without micro-managing

(17:11) The importance of intellectual honesty (18:32) Frank's thoughts on being 'in the arena'

(21:04) What it really takes to build a viable business

(28:34) Contrasting ServiceNow and Snowflake

(33:40) The impact of AI on business

(39:01) The future of app ecosystems

(44:50) Becoming a student of leadership

(46:31) Managing investor relationships

(48:04) Why Frank doesn't think about his legacy

(50:17) Closing Thoughts