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cover of episode Ep 337 Eddie Whittingham - Saying No To 7 Times Revenue

Ep 337 Eddie Whittingham - Saying No To 7 Times Revenue

2022/5/13
logo of podcast Built to Sell Radio

Built to Sell Radio

Shownotes Transcript

Eddie Whittingham started a company called The Defense Works in 2016. His idea was to provide companies with information on how to avoid getting hacked. Whittingham created a series of animated video clips explaining cyber security best practices and offered his content on a subscription model to companies.

By 2020, Whittingham had bootstrapped his business to 8 full-time employees when he attracted an offer of 7 times revenue from Proofpoint, one of the largest players in the cyber security industry. Whittingham got Proofpoint up to 10 times revenue and agreed to the deal.