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The Compound and Friends

Breaking Down the Threat Landscape

The Compound and Friends

Josh Brown

Business News, News, Investing, Business

4.72.2K Ratings

🗓️ 11 April 2022

⏱️ 30 minutes

🧾️ Download transcript

Summary

On this special episode of Live from the Compound, CrowdStrike CEO George Kurtz joins Josh Brown and Ben Carlson to discuss the latest in cybersecurity, the evolving threat landscape, and George's experience as a race car driver! For more on CrowdStrike, visit: https://www.crowdstrike.com/ Check out The Compound shop: https://idontshop.com Follow The Compound on Instagram: https://instagram.com/thecompoundnews Follow The Compound on Twitter: https://twitter.com/thecompoundnews Obviously nothing on this channel should be considered as personalized financial advice or a solicitation to buy or sell any securities. See our disclosures here: https://ritholtzwealth.com/podcast-youtube-disclosures/ Hosted on Acast. See acast.com/privacy for more information. Learn more about your ad choices. Visit megaphone.fm/adchoices

Transcript

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0:00.0

Our special guest here tonight, we have an interview with George Kurtz, who is the founder

0:12.5

and CEO of CrowdStrike, which is a publicly traded company on NASDAQ, ticker symbol is CRWD,

0:18.8

George welcome to the show, thanks so much for doing this, I know how busy you are.

0:23.4

It's great to be here and certainly enjoy doing it.

0:26.9

So excited to talk to you about all these topics tonight, just a quick item of housekeeping

0:31.2

and then we'll get into it, I am personally a long-term shareholder in the company, nothing

0:35.6

that you hear from us tonight should be construed as financial advice or a recommendation to

0:39.9

buy or sell any security for a full list of terms and conditions, you can see the link

0:44.6

below and the same applies for George and all the regular safe harbor protections that

0:50.8

govern these types of public communicates, sorry George, we have to do that stuff in the

0:56.0

securities industry, let's start with this, so first congrats on all your success so

1:02.5

far, you are a $50 billion market cap company, the IPO was priced at $34 in June of 2019,

1:10.0

so in about three years, shareholders are up 535%, even if they bought the closing price

1:16.7

that first day of trading, they'd be up 270 something percent versus the S&P 500 total

1:22.8

return of about 60%, so I know there's a lot of work still to be done, but do you feel

1:28.3

some of the pressure come off now that you're into year three, you know how much value

1:33.0

has already been created for shareholders in a fairly short period of time, what's your

1:38.4

mindset as the CEO of a company that's reached this level?

1:43.6

Well, we're certainly happy with our performance but there's always more to do.

1:47.8

I don't want you to say we're good, we're here to win, that's why we get up every day

1:56.8

and that's really important, so great IPO, great performance over the last 11 quarters,

2:03.8

and I think it really helps reinforces what I tried to build in late 2011, along with

...

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