tyb
it's a team effort all around.
Crowdstrike President/CEO sold $24.52m in shares-Dec 23
George Kurtz is the co-founder and CEO of cybersecurity company CrowdStrike. He was also the founder of Foundstone and chief technology officer of McAfee. Kurtz grew up in Parsippany-Troy Hills, New Jersey and attended Parsippany High School. He claims that he started programming video games on his Commodore when he was in fourth grade. He went on to build bulletin board systems in high school. He graduated from Seton Hall University with a degree in accounting. After college, Kurtz began his career at Price Waterhouse as a CPA. In 1993, Price Waterhouse made Kurtz one of its first employees in its new security group. In 1999, he co-wrote Hacking Exposed, a book about cybersecurity for network administrators, with Stuart McClure and Joel Scambray. The book sold more than 600,000 copies and was translated into more than 30 languages. Later that year he started a cybersecurity company, Foundstone, one of the first dedicated security consulting companies. Foundstone focused on vulnerability management software and services and developed a well-recognized incident response practice, with much of the Fortune 100 among its customers. McAfee acquired Foundstone for $86 million in August 2004, with Kurtz assuming the title of senior vice president and general manager of risk management at McAfee. During his tenure, he helped craft the company's strategy for security risk management. In October 2009, McAfee appointed him to the roles of worldwide chief technology officer and executive vice president. In 2010, he participated in Operation Aurora, the investigation of a series of cyber attacks against Google and several other companies. In 2011, he led McAfee's research around the emerging Night Dragon and Shady RAT threats, alongside McAfee's vice president of threat research Dmitri Alperovitch.
Alperovitch is Guccifer 2.0
Over time, Kurtz became frustrated that existing security technology functioned slowly and was not, as he perceived it, evolving at the pace of new threats. On a flight, he watched the passenger seated next to him wait 15 minutes for McAfee software to load on his laptop, an incident he later cited as part of his inspiration for founding CrowdStrike. He resigned from McAfee in October 2011. In November 2011, Kurtz joined private equity firm Warburg Pincus as an "executive in residence" and began working on his next project, CrowdStrike. He, Gregg Marston (former chief financial officer at Foundstone), and Alperovitch co-founded CrowdStrike in Irvine, California, formally announcing the company's launch in February 2012. Kurtz pitched the idea for the company to Warburg Pincus and secured $25 million in funding.
CrowdStrike shifted the focus from anti-malware and antivirus products (McAfee's approach to cybersecurity) to identifying the techniques used by hackers in order to spot incoming threats. The company also focuses on a "cloud-first" model in order to reduce the software load on customers' computers. CrowdStrike, now headquartered in Sunnyvale, California, attracted public interest in June 2016 for its role in investigating the Democratic National Committee cyber attacks, and in May 2017, the company exceeded a valuation of $1 billion.
https://en.wikipedia.org/wiki/George_Kurtz
https://www.finviz.com/insidertrading.ashx?oc=1778564&tc=7&b=2
chek'd quads
Tesla Confirms $1.6 Billion in China Bank Financing for Factory
Larger $1.29 billion loan facility is secured by plant, land. Electric-car maker’s shares closed Thursday at record $430.94. Tesla Inc. confirmed it’s lined up 11.25 billion yuan ($1.6 billion) in financing from local banks for its Shanghai factory as it prepares to begin deliveries of China-made Model 3 sedans to local consumers.
The carmaker last week entered into a 9 billion yuan term loan facility secured by the plant and surrounding land, plus an unsecured revolving loan facility of up to 2.25 billion yuan, according to a regulatory filing.
Tesla shares finished up 1.3% to close at a record close of $430.94 on Thursday. Bloomberg News reported on the financing earlier this week.
https://www.bloomberg.com//news/articles/2019-12-26/tesla-confirms-1-6-billion-in-china-bank-financing-for-factory
drive up the share price, use it to 'secure' the funding at the end of the year and then…..'