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Jason Chen

Partner @ Contrary

Jason Chen is a seasoned investor with a diverse background in finance and entrepreneurship.

He holds a BA in Economics and English from Yale University, an MBA from The Wharton School, and an M.A. in International Studies from The Lauder Institute at the University of Pennsylvania.

Jason has been associated with various organizations such as Lighthouse Point Ventures, Contrary, Tanager Advisors, Vesper, PareUp, Clinton Health Access Initiative, Inc., and PwC.

His prior roles include Angel Investor, Partner, Founder, Co-Founder, and Senior Associate in different capacities.

Known for his active investment in promising founders, Jason Chen can be followed on Twitter @jchen623.

Highlights

Sep 3 · linkedin

Out of 300+ VP alumni, more than 25% are now founders.

Another ~40% work in engineering/product/ops at exceptional companies like Ramp, SpaceX, Warp, and others.

15% are investors at top-tier venture firms like Bessemer Venture Partners and Bain Capital Ventures.

Almost 100% in tech, in some capacity.

The point here is this - if you're excited about tech and want to chart your own path, Contrary is the place for you.

Join us tonight at our National Info Session, where we'll chat about Contrary and the VP program in more detail, and give you an opportunity to ask some questions.

RSVP here: https://lnkd.in/eB4mDdPY


P.S. You'll also meet a couple of our fantastic alums!

Mark Murphy was one of our very first VPs while he was getting his MBA at Berkeley. Today, he's the Co-Founder/CEO of Banner Technologies, a Series A proptech company backed by Blackstone and Contrary.

Jaclyn C. was our Chief of Staff in 2022-2023 and a VP at Waterloo. Today, she's a software engineer at Ambrook, building financial management software for agriculture.

Sep 2 · linkedin

Everyone knows about the PayPal Mafia.

And it's fairly common knowledge that there are great companies today, like Ramp and Anduril Industries, with exceptional talent-dense teams and founder-quality employees.

Are there other good historical examples?


First, a disclaimer - the PayPal Mafia is exceptional because of the sheer number of early employees who went on to do great things. That's different from a large company with notable alumni.

Marc Benioff interned at Apple. That doesn't mean he was part of an Apple Mafia.

  1. The Traitorous Eight who left Shockley and founded Fairchild. Probably the most notable of all tech mafias.

Included:

  • Robert Noyce, who co-founded Intel alongside...
  • Gordon Moore, of "Moore's Law" fame
  • Eugene Kleiner, who co-founded Kleiner Perkins
  1. Bell Labs was one of the most influential research institutions in modern science and tech.

Included:

  • Claude Shannon, the "father of information theory"
  • The aforementioned William Shockley, who invented the transistor
  • Arno Penzias/Robert Wilson, who found cosmic background microwave radiation that led to the Big Bang theory
  • Bjarne Stroustrup, who developed C++
  1. Xerox PARC was a similarly influential research institution (and a cautionary tale for failing to take advantage)

Included:

  • Robert Taylor, a key contributor to ARPANet
  • Charles Thacker, who designed the first computer w/ a mouse-driven GUI
  • John Warnock, who co-founded Adobe
  1. Skype had the potential to propel a massive wave of European tech. Many became investors, but fewer founders than its Mafia reputation.

Most notably:

  • Niklas Zennstrom, co-founded Skype and later Atomico
  • Taavet Hinrikus, Skype's first employee who cofounded Wise

Many others fall into the great alumni bucket. Google, Palantir, Square, etc. - ton of great companies in their trees, but none with the same early employee density as PayPal.

Perhaps one lesson is when a company is TOO successful, early employees lose the incentive to leave.


Much of this curiosity/exploration was spurred on by the start of Contrary's Venture Partner recruiting.

A group of exceptional builders, coming together to learn about + build great companies, with Contrary support for life.

In many ways, the mafia talk is just good PR. PayPal, Google, Skype, etc.

But the dream of the next Bell Labs or Xerox PARC is real.

And we believe we're building something extraordinarily special here.

If you want to learn more, join us tomorrow:

Jason Chen
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Location

Philadelphia, Pennsylvania, United States