RealDefense

13 statements across 1 episodes · 5 bullish · 1 bearish · 1 people on the record · first statement Mar 14, 2026 by Gary Guseinov · said 26 times in 1 episodes since 2026 · across every show →

Mentions by year

brought up most by Nathan Latka (25), Gary Guseinov (1)

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Everything said about RealDefense, oldest first

Mar 14, 2026 bullish
Assertion Not checkable as stated
Guseinov: RealDefense will reach $60M to $70M revenue in 2025
“Ah, between 60 and 70.”
Gary Guseinov Mar 14, 2026 ▶ 18:24 From $7M to $70M Revenue: How RealDefense Scaled Through Acquisitions | Gary Guseinov
Mar 14, 2026
Assertion Supported
Guseinov: RealDefense has completed six acquisitions since 2017
“We've done six acquisitions since 2017.”
Gary Guseinov Mar 14, 2026 ▶ 1:33 From $7M to $70M Revenue: How RealDefense Scaled Through Acquisitions | Gary Guseinov
Mar 14, 2026 negative
Insight
Guseinov: Operating roll-up acquisitions as standalone entities is inefficient
“Building businesses that are standalone entities and growing them individually is not an efficient use of your time and your resources, because they benefit from each other more than they benefit just from your technology that you bring it to the table.”
Gary Guseinov Mar 14, 2026 ▶ 19:37 From $7M to $70M Revenue: How RealDefense Scaled Through Acquisitions | Gary Guseinov
Mar 14, 2026
Assertion Not checkable as stated
Guseinov: RealDefense generated roughly $7M ARR at 2017 buyback
“Oh, we were doing less than ten million. They were doing like seven million a year.”
Gary Guseinov Mar 14, 2026 ▶ 1:41 From $7M to $70M Revenue: How RealDefense Scaled Through Acquisitions | Gary Guseinov
Mar 14, 2026
Assertion Not checkable as stated
Guseinov: RealDefense was bought back for under $10M
“Yeah, so it is, ah, a relatively small amount, less than ten million dollars.”
Gary Guseinov Mar 14, 2026 ▶ 1:03 From $7M to $70M Revenue: How RealDefense Scaled Through Acquisitions | Gary Guseinov
Mar 14, 2026 neutral
Disclosure
Guseinov: Founder retains less than 20% equity in RealDefense
“Less than 20, and the reason is, is because when we started the business, we started with multiple partners. It's not a dilutive effect that took place.”
Gary Guseinov Mar 14, 2026 ▶ 20:06 From $7M to $70M Revenue: How RealDefense Scaled Through Acquisitions | Gary Guseinov
Mar 14, 2026 bullish
Assertion Not checkable as stated
Guseinov: RealDefense will generate $20M to $25M in EBITDA in 2025
“No, it's between 20 and 25.”
Gary Guseinov Mar 14, 2026 ▶ 18:29 From $7M to $70M Revenue: How RealDefense Scaled Through Acquisitions | Gary Guseinov
Mar 14, 2026 positive
Opinion
Guseinov: Just-in-time marketing outperforms traditional monetization that annoys users
“It's just in time marketing and it performs really well. It's far more efficient than adding advertising or other forms of monetization that It pisses people off at the end of the day.”
Gary Guseinov Mar 14, 2026 ▶ 3:39 From $7M to $70M Revenue: How RealDefense Scaled Through Acquisitions | Gary Guseinov
Mar 14, 2026 bullish
Insight
Guseinov: Equity dilution costs far more than debt for growing companies
“Because I value the equity far more than I value the debts. Very simple. Like, why would you do that if you think your business is growing and your equity is growing, arguably your amount of equity you're going to be giving up is, is far, is worth far more tha…”
Gary Guseinov Mar 14, 2026 ▶ 17:28 From $7M to $70M Revenue: How RealDefense Scaled Through Acquisitions | Gary Guseinov
Mar 14, 2026 positive
Disclosure
Guseinov: RealDefense targets $100M-plus acquisitions from multibillion pipeline
“I have a multi-billion dollar pipeline. So we're looking for bigger deals now. So before we were doing deals under a hundred million, under fifty million. Now we're more interested in deals that are a hundred million plus.”
Gary Guseinov Mar 14, 2026 ▶ 18:41 From $7M to $70M Revenue: How RealDefense Scaled Through Acquisitions | Gary Guseinov
Mar 14, 2026
Assertion Not checkable as stated
Guseinov: RealDefense Had Over $10M EBITDA in 2022
“I think at that time, our EBITDA was up more than 10. And so we would net, we didn't. Nathan Latka: Well, that was out more than ten million. Gary Guseinov: Was more than ten million.”
Gary Guseinov Mar 14, 2026 ▶ 16:53 From $7M to $70M Revenue: How RealDefense Scaled Through Acquisitions | Gary Guseinov
Mar 14, 2026 neutral
Assertion Not checkable as stated
RealDefense operates with roughly 300 personnel, including 200 outsourced
“We're at about 300 or so people. About 200 of them are outsourced organization, mostly in support and infrastructure, and then a hundred is marketing and R&D, a dev.”
Gary Guseinov Mar 14, 2026 ▶ 22:03 From $7M to $70M Revenue: How RealDefense Scaled Through Acquisitions | Gary Guseinov
Mar 14, 2026 neutral
Insight
Guseinov: Commercial loans typically range from 2x to 4x EBITDA
“The most basic fundamental concept in lending is the turns of EBITDA to total debt value that you can borrow. So for instance, if a company is doing four million dollars with EBITDA, you can probably get loan between two times to four times of the total EBITDA…”
Gary Guseinov Mar 14, 2026 ▶ 15:32 From $7M to $70M Revenue: How RealDefense Scaled Through Acquisitions | Gary Guseinov
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