Key ideas from Saam Motamedi

• Greylock pioneered the GP/LP venture model in 1965, making it the oldest multi-LP venture firm in the U.S.
• Palo Alto Networks and Workday both started at Greylock's San Mateo office in 2005, now worth $50-140 billion combined
• "The ambition of every Greylock partner should be to win the Oscar for best supporting actor to the entrepreneur" - core firm ethos
• Greylock tracks whether partners see 75% of seed/Series A deals done by competitors in their sectors as a key performance input
• "We're not the stars of the show" - Greylock maintains low-profile approach while competitors got louder after Andreessen Horowitz
• The firm measures 18 specific inputs across sourcing, deciding, winning, and building to evaluate partner performance over long-term outputs
• "Are you causally impactful to a successful outcome?" - Greylock's attribution model prioritizes impact over who sourced the deal
• Companies in the "Capital River" get continuous funding at 3x valuations every six months, creating winner-take-all dynamics