Sheridan Snyder
| Sheridan Snyder | |
|---|---|
| Born |
October 20, 1936 Long Island, New York |
| Occupation | Chairman and CEO, BioCatalyst International |
Sheridan Gray Snyder OBE, LLB (born October 20, 1936), Sherry Snyder, is an entrepreneur and venture capitalist in the biotechnology industry. He is the founder and CEO of Biocatalyst, but also a "serial entrepreneur", a founder of Genzyme and many other companies. Snyder, who was the University of Virginia's best tennis player when he was studying for his BA in French and Romance Languages there in the 1960s, made "major contributions to the popularisation of tennis in the USA." Snyder is also a philanthropist—giving generously to his alma mater and other organizations. He co-founded the National Junior Tennis League that reaches 250,000 inner-city young people and constructed a new tennis center at the University of Virginia.
Snyder graduated from The Lawrenceville School in New Jersey and is a 1958 graduate of The University of Virginia with a Bachelor of Arts in French & Romance Languages. At UVa, Snyder was a member of the SPE social fraternity. Snyder received an Honorary Doctorate of Law degree from the University of Dundee in 2002.
Upon graduation from UVA, Snyder began his career as a Credit Analyst for New York Trust Corporation.
Ed Glassmeyer, Senior Manager of the venture capital firm Oak Partners, funded many of Snyder's early start-up companies, mainly in electronics. Glassmeyer, a Princeton graduate, began in venture capitalism in 1968 to 1970 at CitiCorp Venture Capital. By 1978 he co-founded Oak Investment Partners with Stewart Greenfield and became Managing Partner.
Snyder's start-up Cambridge Machine Corporation, initiated the development and invention of high-speed mailing/envelope inserting machines. By 1970 Snyder had sold Cambridge Machine Corporation to Pitney-Bowes and he began working for them as National Sales Account manager.
In 1971, Snyder founded a start-up packaging company, Instapak, funded by venture capitalist, Ed Glassmeyer. Instapak markets "foam-in-place packaging"—revolutionary for its time— that creates a protective barrier for heavy, fragile instrumentation and computer systems. Instapak is now the largest division of Sealed Air Corporation (NYSE: SEE), with more than 5,500 employees and revenues of $1 billion.
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