Bootstrapping a High Growth Cyber Security Venture with a Paycheck: Christian Geyer, CEO of ACTFORE (Part 5)

Sramana Mitra: Wow. So, by this time you have spun out into a separate entity? Christian Geyer: Not yet. Sramana Mitra: Not yet. So, this $18.3 million is happening within, as a subdivision of the original company. Okay, and you’re probably making a lot more money than the original company, right?

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Bootstrapping a High Growth Cyber Security Venture with a Paycheck: Christian Geyer, CEO of ACTFORE (Part 4)

Sramana Mitra: How much did get paid by this customer that gave you the first use case? Christian Geyer: I believe it was $300,000. Sramana Mitra: And this $300,000 came into the original company?

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Bootstrapping a High Growth Cyber Security Venture with a Paycheck: Christian Geyer, CEO of ACTFORE (Part 3)

Sramana Mitra: Were you aware of this regulatory requirement in your original business? Christian Geyer: Yes. I was part of a cybersecurity incident response company back in 2016 at the Crypsis group I had talked about. We sold it for $260 million to Palo Alto Networks, a cyber security company.

Bootstrapping a High Growth Cyber Security Venture with a Paycheck: Christian Geyer, CEO of ACTFORE (Part 2)

Sramana Mitra: What was the subsidiary doing that warranted spinning it out into its own company?

Bootstrapping a High Growth Cyber Security Venture with a Paycheck: Christian Geyer, CEO of ACTFORE (Part 1)

Christian convinced the Board of his employer to let him incubate a Cyber Security startup idea as a division of the company with an express intent of spinning it off. Now, the company has been spun out, doing almost $20M in bootstrapped annual revenue, and may soon find a lucrative Exit. This is a phenomenal

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