“Although people think cybersecurity is a bubble, what we see almost all the time is there are new categories,” said Guy Franklin, Founder and General Partner at Israeli Mapped in NY Ventures. “That’s why I see cyber as endless because there’s Gen AI, and then there was a new category in cybersecurity around that vertical. And because of that, I still think we will continue to see innovation, and new companies in cybersecurity. We’ll see more exits.”
Franklin made the remarks at AIsrael 2024, an event hosted by Microsoft and Calcalist that explored the potential of GenAI in a variety of industries.
“I think that cybersecurity is by far the vertical where the time to exit is fastest,” he continued. “The amount of the exits is the highest and the total percentage of companies in the same vertical is high compared to other verticals like fintech, retail, or proptech.”
You can watch the entire exchange in the video above.
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