Cyber Valuations, Moats & the Road to Black Hat

Cyber Valuations, Moats & the Road to Black Hat

July 16, 2026 · 42 min

About this episode

Chris Hughes interviews Sid Trivedi about AI SOC valuations and insights for founders ahead of Black Hat.

Cybersecurity investor Sid Trivedi of Foundation Capital joins me to dig into AI SOC valuations, services-as-software, moats, and what founders should know heading into Black Hat. Sid is a Partner at Foundation Capital, where he invests at the seed and Series A stage with a focus on cybersecurity and IT infrastructure. This is our annual pre-Black Hat check-in, and a lot has moved since last year, from massive M&A to record-setting rounds in categories like the AI SOC. In this episode: ...

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