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Reading: Chronosphere’s founders chose execution over a down round
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Chronosphere’s founders chose execution over a down round

Martin Mao and Greylock's Jerry Chen unpack the quarter when two deals slipped and the runway started shrinking.

Techflier Staff
Last updated: October 28, 2026 5:38 am
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Chronosphere co-founder Martin Mao sits down with Greylock partner Jerry Chen to revisit the stretch when growth slowed, two critical deals slipped and the choice came down to raising at a lower valuation or backing the team to keep executing. They walk through the layoffs, the decision to keep funding a new product anyway, and what founder-investor trust looks like under pressure. A candid case study for anyone weighing dilution against conviction.

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TAGGED:Chronospheredown roundfounder lessonsGreylockstartup strategyventure capital
SOURCES:Greylock
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