George Kurtz: Cybersecurity platforms should focus on breach prevention, not malware
George Kurtz · 20VC: Crowdstrike Founder, George Kurtz on Scaling to a $60Bn Market Cap, How to Acquire and Retain the World's Best Talent & The Right Way to View Competition in Today's Market? · Oct 14, 2021 · at 4:04
George Kurtz, founder and CEO of CrowdStrike, outlines the core strategic shift that served as the founding premise for CrowdStrike.
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“Why focus on preventing malware, which is what most AV companies do? And why don't we focus on preventing a breach?”
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More from George Kurtz
Kurtz calls competitor Cylance a one-trick pony, not a true platform
“A good example of that is silence. They shortcut it themselves to a better AV product, but they were one trick pony. They weren't a platform.”
Kurtz: Enterprise customers spent heavily on legacy antivirus but remained vulnerable
“People were spending a lot of money on Mac and semantic and others, and they were still being breached.”
Kurtz wishes he took loans to buy more early CrowdStrike equity
“I probably would have took out as many loans as I could have and put as much money of my own money in the deal as early as possible.”
Kurtz: Equal equity split among six co-founders failed at Foundstone
“The first company was like six partners, you know, we're all even, and that, that didn't work out so well. Some people did more work than others.”
CrowdStrike was the third fastest-growing enterprise software company to IPO
“I think we were the third fastest growth company to ever IPO behind like Zoom and Salesforce.”
Kurtz predicts CrowdStrike will mirror Salesforce's platform and revenue trajectory
“I think the next five years probably look a lot like, you know, Salesforce trajectory where you continue to build out your platform, you continue to scale your revenue, your annual recurring revenue, additional geographic expansion.”