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Felipe Corto

๐Ÿ‘ค Speaker
181 total appearances

Appearances Over Time

Podcast Appearances

SaaS Interviews with CEOs, Startups, Founders
944 Why He IPO'd CyberSecurity Company and How He Did $230m in 2017 Revenue

Yes, yes.

SaaS Interviews with CEOs, Startups, Founders
944 Why He IPO'd CyberSecurity Company and How He Did $230m in 2017 Revenue

Because we believe we had a very good, strong and solid model that will be well received by Wall Street.

SaaS Interviews with CEOs, Startups, Founders
944 Why He IPO'd CyberSecurity Company and How He Did $230m in 2017 Revenue

And it's an efficient way because if you go and continue, we could have tried to be a unicorn.

SaaS Interviews with CEOs, Startups, Founders
944 Why He IPO'd CyberSecurity Company and How He Did $230m in 2017 Revenue

But then, of course, suddenly you have a lot more investment made and then they push you to spend more money than what you need for growth.

SaaS Interviews with CEOs, Startups, Founders
944 Why He IPO'd CyberSecurity Company and How He Did $230m in 2017 Revenue

So we thought it would be better to go public.

SaaS Interviews with CEOs, Startups, Founders
944 Why He IPO'd CyberSecurity Company and How He Did $230m in 2017 Revenue

I was in fact the founder and more of the engine investor and became the CEO in 2001 when I invested a lot of money because at the time the VCs were shying away from everything which was internet security applied to the enterprise.

SaaS Interviews with CEOs, Startups, Founders
944 Why He IPO'd CyberSecurity Company and How He Did $230m in 2017 Revenue

That was the internet bubble.

SaaS Interviews with CEOs, Startups, Founders
944 Why He IPO'd CyberSecurity Company and How He Did $230m in 2017 Revenue

So I had to invest my own money.

SaaS Interviews with CEOs, Startups, Founders
944 Why He IPO'd CyberSecurity Company and How He Did $230m in 2017 Revenue

How much of your own money did you put in?

SaaS Interviews with CEOs, Startups, Founders
944 Why He IPO'd CyberSecurity Company and How He Did $230m in 2017 Revenue

I put about $25 million.

SaaS Interviews with CEOs, Startups, Founders
944 Why He IPO'd CyberSecurity Company and How He Did $230m in 2017 Revenue

Okay.

SaaS Interviews with CEOs, Startups, Founders
944 Why He IPO'd CyberSecurity Company and How He Did $230m in 2017 Revenue

Correct.

SaaS Interviews with CEOs, Startups, Founders
944 Why He IPO'd CyberSecurity Company and How He Did $230m in 2017 Revenue

Oh, from previous successful, uh, you know, I'm the kind of a serial entrepreneur.

SaaS Interviews with CEOs, Startups, Founders
944 Why He IPO'd CyberSecurity Company and How He Did $230m in 2017 Revenue

I've built about five or six companies, which, uh, either is I've sold a couple of them.

SaaS Interviews with CEOs, Startups, Founders
944 Why He IPO'd CyberSecurity Company and How He Did $230m in 2017 Revenue

I took public one and, uh,

SaaS Interviews with CEOs, Startups, Founders
944 Why He IPO'd CyberSecurity Company and How He Did $230m in 2017 Revenue

And so, you know, hard work.

SaaS Interviews with CEOs, Startups, Founders
944 Why He IPO'd CyberSecurity Company and How He Did $230m in 2017 Revenue

And, you know, I did that in mail with CC Mail, in search with Verity, in internet payment with Signio and Qualys, of course.

SaaS Interviews with CEOs, Startups, Founders
944 Why He IPO'd CyberSecurity Company and How He Did $230m in 2017 Revenue

So, yeah.

SaaS Interviews with CEOs, Startups, Founders
944 Why He IPO'd CyberSecurity Company and How He Did $230m in 2017 Revenue

I think we're more than one moving into the space of a lot of security companies because we have a platform, a real, true cloud-based platform.

SaaS Interviews with CEOs, Startups, Founders
944 Why He IPO'd CyberSecurity Company and How He Did $230m in 2017 Revenue

And that's what gives us a significant leverage.