4 ways cybersecurity startups can boost adoption and shorten time to value

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By Walter Thompson

Tuesday, October 04, 2022

Welcome to TechCrunch+ Tuesday

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Some purchases provide near-instant time to value (TTV), like buying an umbrella on a rainy day, or hiring a glazier to replace a broken window.

Cybersecurity startups, however, often experience long TTV, as enterprise customers often require several sales calls and a bespoke onboarding process.

To boost adoption and reduce churn, VC Ross Haleliuk shares four steps PLG cybersecurity companies can take to drive growth and reduce churn, along with multiple tactics that will help teams get started.

As Haleliuk points out, fear-based marketing and aggressive sales techniques have made many potential customers skeptical about the value cybersecurity startups can actually deliver.

“One of the best ways to break through this cynicism is to show that users can accomplish something in five minutes when it used to take a few weeks,” he writes.

Thanks very much for reading TechCrunch+ this week,

Walter Thompson
Editorial Manager, TechCrunch+
@yourprotagonist

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After the pandemic drove students at every level into remote learning, edtech saw record levels of investment — until the public markets began to cool off several months ago.

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Show, don’t tell: Tips for robotics startups raising a Series B during a downturn

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Hardware companies always had a hard time raising Series B rounds, but in spite of the downturn, Calibrate Ventures co-founder and managing partner Jason Schoettler says he’s still “bullish” about the sector.

Robotics startups will burn through forests of dollars before showing profitability, but teams that can demonstrate recurring revenue, growth and customer ROI will get an investor’s attention — and their confidence.

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“We’re helping facilitate a marketplace of equity buyers and equity sellers, and just creating that environment is helpful to the companies,” he told TechCrunch. “It gives them the ability to understand if they are pricing their equity correctly.”

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Cloud financial management, or more simply, “FinOps,” uses cross-functional teamwork between finance, engineering and product teams to help organizations make better use of their resources.

“Knowing your cloud unit economics is key to building an explainable, transparent model of your cloud costs,” writes Liran Grinberg, co-founder of Team8.

“Dev teams need to face the music and start being financially accountable for the infrastructure and services they use. Meanwhile, CFOs and CTOs need to get ready to answer some tough questions at board meetings.”

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