“Good luck selling to another startup today, they're trying to like rationalize all of their tools. We are doing it. And it's much better to be selling to enterprises and selling to security.”
quote is from the automated transcript, cleaned for reading:
filler sounds and stutters are removed, nothing is rephrased. names can be misheard
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More from Dimitri Sirota
AssertionNot checkable as stated
BigID generated $5M in revenue in year one and $15M in year two
“In our first full year, we did five million in revenue. And in our second full year, we did fifteen million in revenue.”
Dimitri SirotaJan 30, 2023▶ 12:41Data Visibility & Control | BigID Co-Founder & CEO Dimitri Sirota
PredictionNot checkable as stated
BigID expects to cross $100 million in revenue during 2023
“We'll cross a hundred million this year.”
Dimitri SirotaJan 30, 2023▶ 17:12Data Visibility & Control | BigID Co-Founder & CEO Dimitri Sirota
Disclosure
BigID generated nearly $1 million from its SmallID product since September 2022
“We did a soft rollout. We have a little bit under a million dollars in revenue. We started rolling it out around September.”
Dimitri SirotaJan 30, 2023▶ 26:59Data Visibility & Control | BigID Co-Founder & CEO Dimitri Sirota
AssertionNot checkable as stated
BigID closed Nike for $400k after one visit as a six-person team
“The reason I was able to sell Nike, I think we only visited them once before they gave us a check for, 400,000. We told them we're six people. They had no illusions about how, you know, how big we were over Zoom.”
Dimitri SirotaJan 30, 2023▶ 29:39Data Visibility & Control | BigID Co-Founder & CEO Dimitri Sirota
AssertionNot checkable as stated
The API security market did not materialize until AWS and mobile launched
“My second company, we started talking about API security and management in 2003. Nobody knew what the hell an API was. They couldn't even spell an API until really Amazon Web Services came out, mobile applications took off. So you're really looking at 2009, 20…”
Dimitri SirotaJan 30, 2023▶ 30:38Data Visibility & Control | BigID Co-Founder & CEO Dimitri Sirota
Disclosure
BigID sold exclusively privacy use cases for its first two years
“That was our first use case, and honestly, the only thing we sold for two years.”
Dimitri SirotaJan 30, 2023▶ 9:12Data Visibility & Control | BigID Co-Founder & CEO Dimitri Sirota
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