Episode #41 Fireside with a VC - Louis David Mangin CEO & Co-founder at Confiant, one of our successful Fund II portfolio companies based in NYC in the cybersecurity malvertising sector protecting users of publishers and advertisers against bad actors attacking their devices, data and stealing wealth via fraudulent investment scams. Confiant is the industry leader in Detecting, Preventing, and Resolving Ad Issues.
- Lessons learned scaling SaaS revenues from $1m ARR to $10M ARR in 4 years.
- Selecting VCs and the value of the critical and confidential feedback loop from VC investors during the fundraising process.
- Understanding the evolution of the cybersecurity industry and malware advertising industry.
- Trojan horses, ransomware and advertising security.?
- Vectors where bad actors attack the user’s device.
- Vectors where bad actors attack the advertiser with ad fraud and steal data.
- Vectors where bad actors attack the user with fraudulent investment scams.
- The high rate of compound growth of the advertising industry over search, social, video and apps on the internet has left the industry with a dangerous load of technology debt which creates opportunities for bad actors to exploit.
- Ads are still the best way to reach people.?
- The evolution of iterations of bad actors to forcefully redirect ads and attack the data to reach the target user demographic with specific fraudulent ads.?
- The latest innovation on attacks are fraudulent investment scams, these are cloaked and hidden from the user unless they match the right user, demographic and profile.?
- Bad actors have evolved from compromising banner adds to compromising search, social, video and apps.
- If you search for crypto investments on Google, half the search results are most likely fraudulent and will take your money, report back to you that you are making money, encourage you to invest more and never let you withdraw.?
- Evolution of attacking the user’s device, presenting fraudulent ads, attacking the user’s data with phishing scams to stealing the user’s life savings.?
- The need for Google, YouTube, Microsoft, Facebook and others to secure their own supply chain of ads to stop enabling these bad actors.?
- Three pillars of cybersecurity: detecting, preventing, and resolving ad Issues and applying these to each emerging fraudulent vector.
- How publishers and advertisers can gain control of the information flowing over their digital pipes.
- The evolution of privacy and consent on what is legal and what that means for publishers, advertisers and users when the service is free and the user is the product.
- Confiant is now enabling companies to offer their users privacy and control over the information flowing over their pipes and reducing the access bad actors have to attack their devices, data and present fraudulent investment scams.?
- Balancing making large parts of the web illegal vs compliant with consent driven privacy law.
- Going from zero to $1m in 4 years and then $1m to $10m in 4 years.?
- How Confiant has grown its team with both cybersecurity engineers and now privacy engineers.?
- Technology challenges of GDPR compliance.?
- Importance of fostering a corporate culture to retain talent in a talent war.?
- Enabling self-actualization of each employee to get both hiring and employee retention right to achieve and protect the vector of growth within your startup.?
Contact us to learn about investing in our 506c VC fund, join our syndicate to co-invest with our fund or access late stage pre-IPO financings of our portfolio companies: https://angel.co/s/sevenbc/ZZAgQ.
Subscribe to audio-only on all podcast platforms & YouTube.
Andrew, thanks for sharing!
Head of Asset Management at Abra | Columbia Business School.
4 个月Andrew, thanks for sharing!
Global Head of Institutional Sales @ Abra
4 个月Andrew, thanks for sharing! Are you planning on going to the North American Block Chain Summit in Texas on November 21?