Startups

3 lessons for founders from Sourcefire founder Martin Roesch

The cybersecurity company Roesch founded was acquired this summer for $2.3 billion. Here are three lessons for founders Roesch shared at this year's Entrepreneur Expo.

Martin Roesch. (Photo courtesy of Sourcefire)

In July Martin Roesch became the founder of a company worth $2.3 billion.
Sourcefire, the cybersecurity firm he founded in 1998, was acquired by Cisco Systems over the summer, in part because Roesch’s company “changed how people talk about security” online.
At this year’s Maryland Entrepreneur Expo, he delivered the lunchtime keynote and shared three lessons for startup founders:

  1. Don’t hire bad people.
  2. You need less money than you think to start, but should raise funding when you don’t need it.
  3. Make sure your employees’ interests are aligned.

Read more about Roesch’s lessons at CityBizList.

Companies: Sourcefire / Cisco / TEDCO Entrepreneur Expo
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