The Peel with Turner Novak

Lessons Going Zero to $40M ARR in Two Years | Dan Lorenc, Chainguard

14 snips
Apr 24, 2025
Guest
Dan Lorenc
Dan Lorenc, Co-founder and CEO of Chainguard, dives deep into the world of open source software security. He shares insights on the vulnerabilities that have emerged as open source gained popularity and discusses the impending threats of major cyber attacks. Lorenc also reveals how Chainguard scaled from zero to $40 million in two years, emphasizing the critical role of sales strategies. Additionally, he explores cloud computing's evolution, the complexities of software supply chains, and the potential impact of AI on software security.
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INSIGHT

Open Source Is Vital but Risky

  • Open source software is the foundation of almost all software today, running everywhere from phones to critical infrastructure.
  • Its ubiquity makes it a huge security vulnerability targeted by hackers and nation-states.
INSIGHT

Undetected Malware Nearly Crash Internet

  • A core open source compression library was compromised by a pseudonymous maintainer who inserted malware.
  • The attack was nearly catastrophic but was caught due to a chance performance benchmark by an engineer.
INSIGHT

Types of Supply Chain Attacks

  • Two main cyberattack types threaten software supply chains: malicious intentional exploits and accidental bugs.
  • Both can cause massive damage and complicate defense due to poor visibility into software versions in use.
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