We explore the CrowdStrike IPO by delving into its SEC Prospectus: An examination of their technology, and in particular their approach to endpoint security. By wading through the buzzword ocean, we bring you the key areas to focus on in this S-1. We consider their network effects, notably how signing up more customers to their platform improves security of all their customers. We go through a few case studies of their Falcon product line. Finally, we look at their stated risks.

Topics:

• On CrowdStrike Holdings, Inc
• Security Cloud
• On Falcon platform
• Single intelligent lightweight agent
• Threat Graph
• Low friction land-and-expand sales strategy
• Cybersecurity threats are greater than ever
• Proliferation of workloads expanding the attack surface
• On-premise security architectures are constrained
• Other existing security products have limitations
• Creation of the Security Cloud
• Growth Strategy

Links:

• Form S-1 - CrowdStrike Holding's, Inc. - https://www.sec.gov/Archives/edgar/data/1535527/000104746919003095/a2238800zs-1.htm
• CrowdStrike - Falcon Platform - https://www.crowdstrike.com/endpoint-security-products/falcon-platform/
• CrowdStrike Wikipedia - https://en.wikipedia.org/wiki/CrowdStrike#Russian_hacking_investigations