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Alexander Yampolsky

๐Ÿ‘ค Speaker
200 total appearances

Appearances Over Time

Podcast Appearances

SaaS Interviews with CEOs, Startups, Founders
1208 Will This $250m+ Valuation Company be DeFacto Security Rating Standard?

see very good network effects out of what we do because if you have a company if you have a company who is using us to monitor 10 000 plus of their suppliers naturally those suppliers also want to know what their scorecard is they want to know how to get better they want to know how to how to improve for example suppose you have a very important marketing relationship and uh

SaaS Interviews with CEOs, Startups, Founders
1208 Will This $250m+ Valuation Company be DeFacto Security Rating Standard?

that marketing relationship says, I'm going to put in $2 million into Nathan's podcast, but we're concerned about your security.

SaaS Interviews with CEOs, Startups, Founders
1208 Will This $250m+ Valuation Company be DeFacto Security Rating Standard?

Well, it's going to be an incentive for you to sign up for security scorecard because you want to make sure you're protected.

SaaS Interviews with CEOs, Startups, Founders
1208 Will This $250m+ Valuation Company be DeFacto Security Rating Standard?

So the very strong network effects that we're seeing.

SaaS Interviews with CEOs, Startups, Founders
1208 Will This $250m+ Valuation Company be DeFacto Security Rating Standard?

We're seeing good return on investment from

SaaS Interviews with CEOs, Startups, Founders
1208 Will This $250m+ Valuation Company be DeFacto Security Rating Standard?

conferences from events.

SaaS Interviews with CEOs, Startups, Founders
1208 Will This $250m+ Valuation Company be DeFacto Security Rating Standard?

For example, we did a big splash at RSA.

SaaS Interviews with CEOs, Startups, Founders
1208 Will This $250m+ Valuation Company be DeFacto Security Rating Standard?

We launched a new product recently called Bridge Insights that nobody else in the market has that measures concentration risk.

SaaS Interviews with CEOs, Startups, Founders
1208 Will This $250m+ Valuation Company be DeFacto Security Rating Standard?

We're spending heavily on events and just brand recognition.

SaaS Interviews with CEOs, Startups, Founders
1208 Will This $250m+ Valuation Company be DeFacto Security Rating Standard?

Yeah, we're spending more than a million.

SaaS Interviews with CEOs, Startups, Founders
1208 Will This $250m+ Valuation Company be DeFacto Security Rating Standard?

I mean, we see in LTV to CAC over three, which is good in the enterprise SaaS space.

SaaS Interviews with CEOs, Startups, Founders
1208 Will This $250m+ Valuation Company be DeFacto Security Rating Standard?

Yeah, for sure.

SaaS Interviews with CEOs, Startups, Founders
1208 Will This $250m+ Valuation Company be DeFacto Security Rating Standard?

So we launched the company in the beginning of 2014.

SaaS Interviews with CEOs, Startups, Founders
1208 Will This $250m+ Valuation Company be DeFacto Security Rating Standard?

And the story is that I was a chief security officer at Guild Group.

SaaS Interviews with CEOs, Startups, Founders
1208 Will This $250m+ Valuation Company be DeFacto Security Rating Standard?

And one day we were looking at a solution that helped mitigate e-commerce fraud.

SaaS Interviews with CEOs, Startups, Founders
1208 Will This $250m+ Valuation Company be DeFacto Security Rating Standard?

It was a software as a service that helped mitigate e-commerce fraud.

SaaS Interviews with CEOs, Startups, Founders
1208 Will This $250m+ Valuation Company be DeFacto Security Rating Standard?

It would look and say, hey, Nathan, today is logging in from New York, buying $200 worth of clothes, but all of a sudden you're in Austin, Texas, buying $1,000.

SaaS Interviews with CEOs, Startups, Founders
1208 Will This $250m+ Valuation Company be DeFacto Security Rating Standard?

Something is suspicious.

SaaS Interviews with CEOs, Startups, Founders
1208 Will This $250m+ Valuation Company be DeFacto Security Rating Standard?

And so it was a very good solution, and we had to integrate our systems with that.

SaaS Interviews with CEOs, Startups, Founders
1208 Will This $250m+ Valuation Company be DeFacto Security Rating Standard?

and we looked at the contract we looked at the penetration test results everything looked great and literally at the last moment when we started integrating with that company we looked at their systems and we discovered unencrypted credit card data floating in their systems and that was an oh shit moment for me because i realized i could lose my job as a chief security officer due to negligence of somebody else and um the question uh really uh