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

November 28th, 2024  |  1 hr 1 min

crosspoint capital, investments, rsa conference, safe, venture capital

Episode sponsors:

• Binarly, the firmware security experts (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.