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Sid Trivedi

Partner at Foundation Capital

Sid Trivedi is a prominent figure in the venture capital and cybersecurity sectors, currently serving as a Partner at Foundation Capital, a Silicon Valley-based venture capital firm. He specializes in early-stage investments, particularly in cybersecurity and IT software, with notable investments including companies like Stacklet, AirMDR, and Attivo Networks, among others.12

In addition to his role at Foundation Capital, Sid is a co-founder and co-host of the Inside the Network podcast, which focuses on building category-defining cybersecurity startups. The podcast features insights from founders, operators, and investors within the cybersecurity space.34 Sid's background includes experience on Wall Street at Barclays Capital and previous roles at Omidyar Technology Ventures and Symphony Technology Group, giving him a comprehensive perspective on technology investments.12

Sid holds a Bachelor’s degree in Economics and Biological Sciences from Cornell University, graduating magna cum laude and as a member of Phi Beta Kappa. He has also been actively involved in various advisory roles and initiatives aimed at fostering entrepreneurship in the tech sector.12

Highlights

Sep 8 · linkedin

Earlier this year, I moderated a panel at TiE Silicon Valley's annual conference on #LLMs in the #enterprise. Joining me were three senior executives from NVIDIA (Rama Akkiraju), Amazon Web Services (AWS) (Kavitha Prasad) and Meta (Sy Choudhury).

Three interesting learnings from our conversation:

  1. Agentic systems will be a feature of all applications We started with web applications, then mobile applications then SaaS applications and the future will be AI applications powered by agents. Agents will understand the intent of users and route a query to the right agents.

  2. Build flexible architectures and datasets Given the pace of LLM innovation, things are changing in 1-2 sprints so you want the ability to easily swap out one model for another. Remember that compute is expensive so each approach needs to be use case-oriented.

  3. Cross-domain analysis areas are ripe for innovation with LLMs LLMs can extract reasoning and are very good at search and retrieval. But this advantage also means that data security is a new concern. In the past we had "security through obscurity" - while documents were exposed, it was much harder to find them. You need to solve this technical debt before leveraging LLMs in the public domain.

Thanks to Murtuza (Matt) Haryanawalla and Anita Manwani for hosting us!

If you're a #founder working at the intersection of AI and IT infrastructure or cybersecurity, I'd love to connect. I'm actively investing, please reach out!

#TiECon2024

Aug 23 · linkedin

We are in a #ransomware epidemic.

In 2023 hackers set a record by making ~$1.1B in crypto payments from ransomware attacks. But according to a report Chainalysis released last week, 2024 is on track to be even worse. In the first half of this year, cumulative ransomware payments reached $460M (vs. $450M for the same time last year).

Chainalysis and Zscaler also detected the largest ransomware payment ever - $75M - which went from a Fortune 50 company to the Dark Angels gang earlier this year. This is double the highest payment of 2023 ($37.8M). In fact, the median ransom payment has spiked from ~$200K in early 2023 to $1.5M in mid-June 2024.

#Founders need to recognize that the ransomware problem is far from solved. We need innovation across the #cybersecurity stack to improve enterprise defenses. If you're working on something new, I'd love to connect.

Chainalysis mid-year report: https://lnkd.in/gyTSCfzE. PCMagazine article: https://lnkd.in/g8MF-Djv.

Related Questions

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What unique perspectives does Sid Trivedi bring to the Inside the Network podcast?
Sid Trivedi
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Location

San Francisco, California, United States