… FinTwit and the market both seem to be a fan of the news (stock jumping on the news), but i fail to see how it moves the needle. It pays off to just say “we partnered with NVIDIA”.
Good update. The AWS / Crowdstrike partnership has been pretty strong. This Accelerator will be a good program for cybersecurity startups that use AI to detect threats from bad actors.
Quoting from the press release: " At the end of the program, participants can present their innovations at an in-person Demo Day at the AWS Startup Loft in San Francisco, which will take place during the RSA Conference in April 2025. Winning presentations may be eligible to receive funding from the CrowdStrike Falcon® Fund.
AWS Accelerators provide innovators from all walks of life with access to resources, technologies and expertise, to help them develop their ideas into fully-formed solutions. Startups gain access to world-class support in the form of product development coaching, go-to-market advice and exposure to investors. All with the goal of empowering builders to create solutions for tomorrow’s challenges, today – and all for zero cost, zero equity."
I got back into CRWD at around $274 a couple weeks ago.
Positioning as AI Native Security Platform vs “Cloud Native” positioning of competitors
Now targeting $10bn ARR for FY31
TAM now at $116bn CY2025 and forecasting $250bn CY2029
Positioning Falcon Flex business model as beyond Land & Expand, Module by Module or Consumption based and fully flexible (perhaps like Pure Storage’s model)
Highlighting retention, renewals and pipeline additions since pivotal July 19th incident.
Business impact estimated at $60m in term elongation and discounting and $10m in service revenues