Sid Trivedi on the RSA Innovation Sandbox $5 million investment gambit

What this episode covers

Episode sponsors: Binarly ( https://binarly.io ) Binary Risk Hunt ( https://risk.binarly.io ) In this reboot of the Security Conversations interview series, Foundation Capital partner Sid Trivedi weighs in on major changes to the RSA Innovation Sandbox, the mandatory $5M uncapped SAFE investment for all 10 finalists, and red-flag concerns around discounts and pro-rata rights. Also discussed: controversial pay-for-play dynamics involving CISOs and venture capital firms, ethical implications of CISOs taking advisory positions in startups, and the challenges of investing in seed-stage startups amidst a trend towards platformization. Links: RSA’s Innovation Sandbox: Cybersecurity Startups Must Accept $5 Million Investment RSA Innovation Sandbox: $50 Million Annual Investment Program for Top 10 Finalists RSA Conference - How do SAFEs work? This VC Built A Cybersecurity Unicorn Machine. Then Came A Conflict Of Interest Mess. The Gili Ra’anan model: CISOs and VCs controversy Sid Trivedi bio Foundation Capital

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