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12 snips
Dec 4, 2024 
David Meier, a cybersecurity expert, dives into Okta's impressive earnings and the challenges of multi-factor authentication amidst growing security concerns. He also reflects on Salesforce's leadership and vision. Meanwhile, retirement planning guru Robert Brokamp addresses the fears of outliving savings, highlighting personalized strategies for financial stability and the significance of life expectancy in retirement planning. Both guests offer valuable insights into navigating the evolving landscape of technology and finance.
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Okta's Niche
- Okta differs from other cybersecurity companies by specializing in multi-factor authentication and identity management.
- While competitors like Palo Alto Networks offer broader platform solutions, Okta focuses on protecting access to applications and devices.
Multi-Factor Authentication Frustrations
- Mary Long expresses frustration with multi-factor authentication, finding it disruptive despite its security benefits.
- David Meier acknowledges the inconvenience but highlights its current effectiveness.
Okta's Path to Profitability
- Okta achieved its first quarter of GAAP profitability, earning $16 million compared to last year's $81 million loss.
- This is attributed to cost management and revenue growth, signaling a positive trend towards consistent profitability.