The 2024 Cybersecurity Market Review – Mike Privette – ESW #387
For our second year now, Mike Privette, from Return on Security and the Security, Funded newsletter joins us to discuss the year's highlights and what's to come in the next 12 months.
In some ways, it has been a return to form for funding, though some casualties of a tough market likely had to seek acquisition when they might have otherwise raised another round and stayed independent a while longer. We'll cover some stats, talk 2025 IPO market, and discuss the likelihood of (already) being in another bubble, particularly with regards to the already saturated AI security market.
It won't be all financial trends though, we'll discuss some of the technical market trends, whether they're finding market fit, and how ~50ish AI SOC startups could possibly survive in such a crowded space.
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Guest
Mike Privette is the founder of Return on Security and the industry’s first cybersecurity economist. With over 18 years of experience as a security engineer, leader, and CISO, Mike recognized a critical need for accessible intelligence on the cybersecurity landscape from a practitioner’s perspective.
Frustrated by the lack of concise resources to track emerging cybersecurity companies and industry trends, he created Return on Security to serve cybersecurity leaders, founders, investors, and policymakers. Mike analyzes data on technological advancements, regulatory changes, and economic indicators across major economies, providing insights that connect cybersecurity with global economic dynamics.