Cybersecurity expert Fred Kneip has raised almost $60M for his startup so far. It all started with a winning PowerPoint that has drawn the attention of a host of the most enviable investors.
Fred recently made an appearance on the Dealmakers Show. In our interview, he shared his journey, what he’s learned, the keys to raising millions in funding, and how his company is transforming one of the fastest-growing markets we’ve ever seen.
From Brooklyn To Boarding School
Kneip grew up back in Brooklyn. A community that still has its mom and pop stores, along with many of the most innovative new brands.
Wanting him to get the chance to experience more sports, his parents packed him off to boarding school in another state at a young age. It’s an experience that he enjoyed and credits a lot to doing well in college and developing his entrepreneurship skills.
From Fred‘s perspective, “it gives you a sense of independence. It teaches you personal accountability at a young age. Mom and dad aren’t there to do everything for you. You’re on your own. You have to make your own decisions and bear the consequences, without anyone else to blame.“
As a result, Fred says you are already ahead of the game when going to college. You don’t have that adjustment period to being on your own that other students are dealing with.
Fred received a B.S.E from Princeton University. His studies put him at the intersection of engineering, problem-solving, optimization and microeconomics.
It let him pursue the passion he had for problem-solving since childhood. He credits that to his mother. If something broke, she would always encourage him to take it apart and understand how it works.
That was way before YouTube existed and you could download knowledge on just about anything in an instant. It’s a passion and habit he still enjoys today and practices with his son and his toys.
M&A and How Businesses Work
Fred Kneip’s work took him to rebuild Merrill Lynch’s M&A model for bank mergers. Always a fan of Excel, he ran financial models for acquiring banks and investing and deploying capital.
He was also confronted with how public companies and CEOs were pressured to make decisions on quarterly earnings reports, even if they weren’t the right strategic moves for the company.
He decided to try private markets and got involved with leveraged buyouts (LBOs). He found incredible opportunities to build and scale companies.
Fred also watched $10B companies fall into bankruptcy because they ran out of cash and weren’t capitalized well enough. Especially, when trying to implement innovative new concepts.
They’ve all been learnings that he has applied to build his own venture.
Desiring an even deeper understanding of business and how to build a sustainable and impactful business Fred went back to school to get his MBA.
See How I Can Help You With Your Fundraising Efforts
- Fundraising Process : get guidance from A to Z.
- Materials : our team creates epic pitch decks and financial models
- Investor Access : connect with the right investors for your business and close them