The Twenty Minute VC (20VC): Venture Capital | Startup Funding | The Pitch 20VC: Crowdstrike Founder, George Kurtz on Scaling to a $60Bn Market Cap, How to Acquire and Retain the World's Best Talent & The Right Way to View Competition in Today's Market?
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Oct 14, 2021 George Kurtz, co-founder and CEO of CrowdStrike, shares his journey from McAfee to launching a cybersecurity leader with a $60 billion market cap. He discusses the importance of selecting the right investors and adapting fundraising strategies as a company evolves. Kurtz highlights innovative talent acquisition methods and the need for a strong team culture, especially in a remote work environment. He also addresses competition in tech, emphasizing innovation and leadership over rivalry, and shares insights on navigating self-doubt as an entrepreneur.
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CrowdStrike's CTO
- George Kurtz was CrowdStrike's worldwide CTO and turned down the role twice.
- He accepted when they told him the company would likely be sold.
Focus on Outcomes
- George realized that people were buying security products but not achieving the desired outcome of breach prevention.
- This led him to focus on preventing breaches, not just malware.
Non-Standard Seed Round
- Warburg Pincus, an investor who had previously approached George, funded CrowdStrike's $25M seed round.
- This unusual move helped George secure top talent early on.
