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Jerry Chen

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@jerrychen

Restless. Irreverent. Greylock GP. @GreylockVC
San Francisco, CA jerrychen.com Joined March 2008
3.5K Following 11K Followers 8K Posts

Latest posts 5

Jerry Chen Verified account @jerrychen
It was a privilege to work with Martin, Rob, and the @chronosphereio team and a privilege to tell their story!
Greylock Partners Verified account @GreylockVC 4d
One of the biggest bets startup employees make is on the founder. That trust may not be tested until years later, when the company exits.

A startup can sell for billions, and the people who helped build it can walk away with vastly different outcomes.

During M&A negotiations, investors bought in at different prices and have different return expectations.

The buyer has its own priorities. Employees don’t have a seat at the negotiating table, even when the deal could be a life-changing event for them. So much can come down to whether the founder has their back when they're not in the room.

In the latest Greylock Originals, @chronosphereio co-founder Martin Mao (@martin_c_mao )and Greylock Partner @jerrychen share what happened behind the scenes of Palo Alto Networks' $3.35B acquisition of the company.

00:00 The decision behind the headline
01:01 Why sell a fast growing company?
02:15 What makes an offer worth accepting?
03:36 "You only get one chance to sell"
05:18 A first-time founder vs. a Fortune 500 CEO
07:11 Who speaks for the employees?
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Jerry Chen Verified account @jerrychen
Markets are always changing but working with good people has always been the recipe for success (and fun!).
Sajid Mehmood Verified account @smehmood 4d
When we were deciding on which firm & partner we wanted to lead our seed, I spent an hour on the phone with @martin_c_mao on a Sunday

The next day I called @jerrychen and said LFG 🙂. Work with good people and everything else follows.
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