In this long-form post published on LinkedIn Pulse and titled “Cybersecurity Execs Losing Sleep Over Labor Shortage”, Einat Katzenell of Katzenell Dimant describes one of the biggest challenges cybersecurity startups are facing.
I had the pleasure of working with Einat and providing Editorial Services for this piece.
Einat Katzenell is the Founding Partner of Katzenell Dimant and provides strategic and practical legal advice to hi-tech, life sciences and biotechnology entrepreneurs, investors, early stage and mature companies, academic institutions and business initiatives.
From the post: “Cybersecurity Execs Losing Sleep Over Labor Shortage“:
“Like any other branch of the hi-tech industry, cybersecurity startups must show a viable business model and a market for their products in order to raise capital. But while cybersecurity entrepreneurs might have it relatively easy convincing Angels and VCs of their business opportunity, viability, and immediate need and market size, they’re having the hardest time finding qualified employees to take their ideas forward.
The cybersecurity market is big. How big? That depends on which reports you’ve been reading. I’ve seen industry PR (like this one) suggesting a current market of $100 billion, with projection upwards of $170 billion by 2020. Whether or not you believe these figures (and one should always be cautious when citing sponsored research) it’s not unreasonable to argue the market for cybersecurity solutions is not going to shrink anytime soon.”
Link to the full post