CEO turned employees into millionaires after selling tech startup [Video]

When Jay Chaudhry sold his first company for $70 million, he focused less on his own riches, he says — and more on how the deal could turn dozens of his employees into millionaires.

Chaudhry, 65, is known today as the billionaire founder and CEO of Zscaler, a cloud cybersecurity firm valued at roughly $28 billion, as of Wednesday afternoon. Back in 1998, he was a first-time entrepreneur selling the startup he launched with his wife Jyoti, SecureIT, to VeriSign in an all-stock deal for a huge windfall.

Nearly two years after the deal closed, as VeriSign’s stock price soared, more than 70 of SecureIT’s 80 employees “on paper, were millionaires,” Chaudhry tells CNBC Make It.

“People were going crazy in the company, because they had never thought of so much money,” he says. “A lot of them were buying new houses. They were buying new cars. I know one guy, he took six months off, rented a [mobile home] and went around the country. They …