The condensed nearest neighbor (CNN) algorithm is a heuristic for reducing the number of prototypical points stored by a nearest neighbor classifier, while keeping the classification rule given by the reduced prototypical set consistent with the full set. I present an upper bound on the number of prototypical points accumulated by CNN. The bound originates in a bound on the number of times the decision rule is updated during training in the multiclass perceptron algorithm, and thus is independent of training set size.