Thread by @AndreaFunsten

I swear I'm a blast at dinner parties too.

If you are building a b2b / enterprise / fintech company, then getting your SOC2 set up early (one of the most relevant compliance audits for tech companies) is a no brainer.

This audit ensures an org’s service providers securely manage its data to protect the org’s interests and privacy of its clients.

As a startup, you will *need* SOC 2 compliance to close enterprise deals. At the early stage, this is the difference between life and shutting down

I have seen too many dead bodies along the enterprise sales road where startups did not prioritize this early enough.

Hence, they ran out of money before being able to raise bc the security review process was so long and unpredictable with their intended customers

Some of my favorite resources to learn more:

@LaikaHQ: heylaika.com/soc-2-complian…
imperva.com/learn/data-sec…
blissfully.com/guides/soc-2-c…
kirkpatrickprice.com/white-papers/s…
blog.alloy.co/5-reasons-to-d…

Not just startups selling > enterprise that should consider this. Consumer finance cos face challenges, e.g. physical + logical sec play major role in ensuring customer data is secure. Must maintain confidentiality + privacy, completeness, timeliness + accuracy of $ transactions

PS... I am not an investor in any of the above mentioned companies. This is purely me being a huge nerd.