on the back Due to significantly stronger earnings reports and valuations, public cybersecurity companies are outperforming the broader technology segment. Yet, funding for cyber security startups has languished.
The Exchange explores startups, markets and money.
Read it every morning on TechCrunch+ or get the Exchange newsletter every Saturday.
This is an interesting point that is worth taking a moment to consider. This morning, let’s take a look at how cybersecurity companies have performed, as well as several datasets about Q1 2023 venture capital investment to understand why investment in the sector has been sluggish despite the companies’ stellar results.
sounds good? to work!
how to make a lot of money in the tech game
If you wanted to make a truckload of software selling trucks today, I wouldn’t recommend building an API to connect blockchain to the world of e-sports. Both of those areas are struggling after a period of over-investment and hype, though I expect both to rise again: the former because it would be entertaining in a business context, and the latter because I’m a huge nerd who waited patiently. Doing the Starcraft revival.
No, if you want to make a lot of money in the technology game today, you will be manufacturing and selling cyber security products.
The proof is clear. Cyber security is moving along pretty smoothly as even the biggest tech companies go along and Zoom figures how to evolve again after one of the most impressive runs in corporate history.