Ted Miracco recently joined Approov Mobile Security as its CEO. In this episode, we talk about why Approov is so well positioned, what his main focus is as a CEO for the next few quarters, the challenge they have of reaching application developers and getting noticed in a very noisy market. And also, does he prefer a dive bar or a cocktail bar? Stay tuned to learn these things and more. Welcome to the Sales Bluebird podcast, where we help cybersecurity companies grow sales faster. Whether you're a seller, marketer leader or founder, we give you tips, tricks, experiences, examples, ideas and inspiration from people who know a thing or ten about building great cybersecurity companies. I am your host, Andrew Monaghan. Our guest today is Ted Miracco CEO at Approov Mobile Security. Ted. Welcome to Sales Bluebird.

 

Hi, Andrew. It's great to be on the show. And I detect a little Scottish accent coming from you, which is not entirely inappropriate for our conversation today.

 

That's one of the reasons I'm looking forward to this discussion because it sounds like quite a bit of your company is based over in Edinburgh, my hometown.

 

Yes. The majority of our certainly all of our R and D team is over in Edinburgh. I just got back from there. It was a little bitter cold and but a great team we have, and that has been historically the headquarters for the company and great tech community over there in Scotland and beautiful country as well. So, yeah, it's a very good group of people.

 

Yeah. I was born in Edinburgh at a hostel that no longer exists. Your team will probably remember as the Eastern General down in Leaf. I grew up a lot of time in North Barrett, just outside Edinburgh, and then most of my teenage years was in Edinburgh, and then I moved into London, I think when I was about 24, 25, something like that. So although my accent is pretty terrible right now, it's got a bit of everything in there. My true homeland, my place, where my heart is, Edinburgh. So it's great to talk to people that go over there and hear what's going on. My mum's still there. I've got aunts and uncles there. It's great to go back once in a while and catch up to everyone.

 

It is a great place to visit. And our offices are right close to the castle in the center there. We have a nice facility and it's just beautiful to walk around that city. It's just one of the most visually stunning places. So anybody who hasn't been there, I really would recommend, if you get a chance, very beautiful place to visit.

 

I'm trying to get back in the early summer because there's a Denver based band called the Lumineers, which are quite popular.

 

I love the lumineers.

 

Yes, well, the Lumineers are playing Edinburgh Castle on the 5 July. So in the esplanade there in front of the castle, they put up we call them over here, bleachers. And it's for the whole summer. They do the tattoo and various things like that, and then they have some concerts. So the Lumineers are playing Edinburgh Castle right in front of the castle which was built, what, in 1300 or 1200?

 

Something that will be amazing.

 

Yeah, I'm trying to get back for it. It's not confirmed yet, but I'm trying to get back for it. It'd be pretty special.

 

It is a great city for arts and culture and science, with the universities there, University of Edinburgh amongst them. It's just got a very good dynamic to that city.

 

Yeah, well, let's not talk about me too much. A quick break to say that this episode is sponsored by It Harvest. With over 3200 vendors in cybersecurity, it is hard to keep track of all the latest developments, as well as research and analyze categories and subcategories within cybersecurity, which is where the It Harvest cybersecurity platform comes in. Want to know which subcategories in cloud security are growing the fastest? You'll get it in a few clicks. Want to know and track everything about your main competitors and keep up with their hiring and use simple search to be done? Want to know the top 20 fastest growing companies based out of Israel?

 

Easy.

 

Just a couple of clicks to get that. It Harvest is the first and only research platform dedicaTed to cybersecurity. And it's run by Richard Steenan, who has done it all in cybersecurity. From the VP of Research at Gartner, a CMO at a cybersecurity vendor, a lecturer on cybersecurity, advisor to startups, advisory board member at Startups, and a main board member as well. The whole lot. Find out more by going to salesbluebird. comRESEARCH. That's salesbluebird. comRESEARCH. Now back to the episode. Well, how did you first make money as a kid?

 

God, I did everything. A couple of the more interesting jobs. I starTed my own business before I could even have a working permit, mowing lawns. So just went around the neighborhood and signed up lots of people to kind of mow the lawns and take care of the property, do landscaping and things like that, and made money that way and then worked all through high school. One of the more interesting jobs was I worked as a line boy at an airport, which is the person who refuels the planes. It was like private airport, small planes, Cessnas, pipers and things like that. And I took every cent that I made and reinvesTed it in flight lessons. So my brothers and I all were pilots when we were in high school and did a lot of stupid things like landing in cornfields. I don't know what my parents were thinking letting 17 and 18 year old kids fly airplanes, but we did, and it was a lot of fun. And I'm glad I'm still here because there were some things we did in those airplanes that probably shouldn't have been done in terms of pushing it to the airframes.

 

I'm pretty certain my 16 or 17 year old self should not have been close to an airplane in terms of flying it, given some of my life.

 

Yeah, no, we did it all as that. And motorcycles as well. Just racing motorcycles, dirt bikes and airplanes. Anything with a motor we were interested in pushing to the limits.

 

And what was your first real job?

 

Let's see, first real job I starTed working in I went to, again, kind of tying in the Scottish heritage. Went to Carnegie Mellon University, founded by Andrew Monaghan. WanTed to get as far away from Pittsburgh in the cold weather. So I moved out to San Diego out of school and worked for a defense contractor called REMIC, designing electronics to go into aircraft and things like that for electronic warfare. So that was really my first real job out of college was electrical engineering and in the defense miller or defense electronics industry, designing RF and microwave circuitry.

 

And then fast forward to your career. You you founded a company called AWR, which was then acquired and then Reacquired, and ended up being part of Cadence. You were EVP and founder there. That was for about 17 years. And then for almost nine years, you were the co founder and CEO at Silent, a cybersecurity company in the general area. It looks like a software piracy and IP theft. And then at the end of last year, 2022, he moved over to Approov to be the CEO. Tell me about the background of Approov and where that company and technology came from.

 

Yeah, so Approov is legally the company name is Critical Blue LimiTed, but it's marketed under the product name Approov, which is really a reinvention of the company. So the company has got a long history and a great deal of expertise in security. One of the major areas of development was the company worked very closely with intel on mobile processor security. They also worked with Talis and some other defense contractors and developed a lot of expertise in compiler technology and in mobile security. Now the challenge came into play when intel abruptly got out of the mobile processor market and really ceded that market to Arm through the company for quite a loop and the company needed to reinvent itself. Now, they had a very strong technology team and they had very good backing from investors who were really commitTed to the company for the long haul and really believed in the technologists. So they looked at mobile security and they looked at all of the expertise that they had developed and they came up with Approov, which is an end to end mobile security solution that really in the right place. At the right time today because it protects everything from the integrity of the mobile device to the mobile application through the APIs that connect to the cloud. So it's really from the device to the cloud. Approov is a unique, highly sophisticaTed, secure solution for making sure that your data stays your own so that it's targeTed for fintech applications, healthcare applications, anything where you have very valuable personal information or financial transactions. And you need to make sure that the data is secure from the mobile device to the cloud and back again. And I say it's unique because a lot of people approach this market from either we're going to harden the application and we're just going to focus on sort of fortressing, the mobile app, and do things like code obfuscation and basically try to build a wall around the app. And then we have a lot of companies that are focused on the cloud who are trying to secure data in the cloud and use AI and machine learning to identify data breaches. But if you read the news, there's a lot of data breaches going on, and the word API gets bounced around a lot of times. So Approov is a technology that really prevents one of the things that it prevents is the man in the middle attack. The man in the middle attack is becoming more and more pervasive. So it's essentially when somebody gets in between the device and the cloud and they look at the communication going back and forth between these two things and they can undermine even everybody talks about two factor authentication or multifactor authentication. Well, how do you get around those things? Man in the middle attack. And this is one of the things that just does not happen. If the app is using the approved technology, it's not possible because the Approov technology prevents those kinds of attacks.

 

So whenever I think about mobile security, there's lots of players in that space from the carriers, the handset, companies buying for their people, consumer play as well. Who is the buyer of Approve?

 

Yeah, good question. So the buyer of a technology like Approov is the company that is going to be developing the mobile application. Now, the good news is there's about 5 million mobile apps out there. Three and a half million on Android and 1.6 million or so on iOS. Anybody who's developing a mobile app, whether you're in the gaming market or you're an automobile company, like one of our clients is BMW. So if you want to get into your vehicle and you want to use your cell phone to unlock the vehicle, you want to make sure that the cell phone application is secure. You want to make sure that some hacker can't go up there and basically steal an API key and then open up a vehicle and drive it off the lot and things like that. So those are the kind of transactions you want to secure, financial transactions, whether it's cryptocurrency or conventional bank. When you communicate with your bank and you're sending money, you want to make sure that that kind of transaction is secure. And these are the kind of clients that we're looking for. If you're doing something with the phone that is valuable and you're looking for a premium security product or premium security solution, that's where we fit in. Even things like gaming and retail are areas that we have clients that are successful. So one of the more corner cases is some of the gaming companies are dealing with a lot of cheaters. People who manipulate the application give themselves superpowers so they can beat up on all of their friends in the game. Those kind of cheats are things that we can prevent because what we do is we make sure that the mobile application is the same application that was downloaded from the website. So it hasn't been modded, it hasn't been tampered with, it hasn't been manipulated to give somebody an unfair advantage, whether it's in a game or whether it's to try to steal your personal data or to hack a financial transaction and send a lot of bitcoin somewhere else. So all of these kind of applications are things that we can secure.

 

I can imagine in the gaming use case you just talked about, the real driver is protecting the brand of the game, protecting the integrity of the game, things like that. In the fintech space, is it more compliance that's driving it or is it just good security? And that's what they want to deliver for their company.

 

With the fintech world, it's also brand protection because if you're running a service similar to a PayPal or a Venmo and your transactions aren't secure, you're not going to be in business very long. You have to make sure that your, clients transactions are protected and are not easily hacked. So, yeah, so we work with a number of leading fintech companies and we really have saved their brand because we were able to. One of the success stories we have on our websites is a company called Papara. They're like one of the big fintechs in Turkey and they were constantly being attacked with hacking frameworks and various technologies that are used to try to steal API keys to create fraudulent transactions. And they were able to install our SDK in their application and really bring those things down. They still get hit with them, but they don't get through. So we send them a report every month showing how many good transactions went through and how many attacks were prevented with their application. So we have this real time. You see what you're paying for with Approov. You get a report every month that says we stop x number of this type of hacking framework and Y number of this hacking framework and this many tampered apps and this many unauthorized applications. So you really get feedback as to how successful this product is in stopping the bad guys.

 

You joined Approov just in the last few months. Obviously it was founded quite a few years ago. As you come into the company, what's the big transformation or the big goal that you're shooting towards that's going to really allow you to make an impact for the company.

 

Yes, I think the big thing is really getting the message out. So the company has it's had some success, certainly. But one of the things that I noticed right away when I looked at the geographic spread of the customer base, they were disproportionately successful in Europe with a heavy concentration in Germany. And one thing I know from selling technology into the German market is they are very technically diligent in looking at solutions, more so than American companies or other markets where we tend to look for who's the biggest. And the old slogan about no one ever got fired for buying IBM or whatever. It's very true in the US market. People look at marketing goes a long way in the US. But in Germany it's very technically rigorous and they don't care how big you are. They want to decide what's the best technology for them. So a lot of the European companies are like that. They do vigorous benchmarks and when they do that, we win. If you're looking for the largest cybersecurity companies, that's unfortunately the size matters in the US. But I felt like the company was underperforming in certain markets and I think that was a reflection of having a very deep engineering culture and of not being very aggressive or not being very geared towards the sales and marketing. So, for example, I remember my first instinct when I looked at the website for Approov was I felt like I was looking at a website from 1995 right down to the colors. It was like Windows 95, red, green, blue. Very basic kind of website. And the first thing I said was, I would never buy from this company. It's like, I don't care how good their technology is, they're missing the mark in terms of branding and imaging and edginess. First thing we wanted to do is really kind of redesign the website and make the messaging clear because it was also very muddled. It didn't clearly state what we do. And if you look at our website now, it says we stop mobile attacks dead in their tracks. Because that is what the customers tell me when I talk to customers. It's not about protection, it's not about an insurance policy that somehow Approov is going to someday, if you're attacked, you might benefit from this technology. It's like, no, our clients are attacked every single day and we have a real time interface that they log into where they can see where the attacks are coming from and it's constant and we're constantly protecting them. So it is a dangerous environment out there and the impact of our technology is immediate and it's comprehensive and it's also updatable. So that new threats. It's not a static universe when it comes to cyber threats. There's new threats that come along every single day. There are new vectors of attack. And our solution allows you to update not only update your certificates and your keys, you can move the keys to the cloud and you can change them, and you can update them dynamically without having to re release the app through the App Store, which can take months. So it's a really compelling solution. And that's why I joined the company, was I just felt like this was one of the best kept secrets in mobile app security, and it's important that we get the message out and engage with clients on a global basis, not just in Europe, but really outside.

 

Yeah. Being the best-kept secret in the market is not great for growth. Right?

 

No. Yeah. And I talked to some people about that. Unfortunately, the best technology doesn't always win, but it should. And that's where I felt like Approov needs to have a fighting chance. So we need to kind of get the message out about how good this technology is and how successful it can be in stopping the kind of attacks that are happening that are headline news every day.

 

Yeah. I think in any situation, you'd rather be at a company that has a really strong product, and you need to add the sales and marketing, which just sounds like what you have, rather than iterative which is awesome at distribution, but crappy at developing stuff.

 

Yeah. And that's what I told the team in Edinburgh when I was there. It was just like, there are much bigger problems than a daTed website. DaTed website is easy to fix. If you have a product that doesn't work, that's a problem. Or if you have a product that works but doesn't scale, that's a problem. Or if you have a product that works and scales but doesn't provide an adequate ROI, or you have a high churn, and we don't have any of those problems. We have, like, zero churn. We have no scalability issues. So one of the things that one of the changes that we did is we changed our pricing structure because we had a pricing structure where the cost of the solution really scaled linearly with the number of users, number of active users. And it didn't make any sense, because what you're doing is you're attracting students and small and medium sized businesses. That where the solution might be very cost effective. But if you're dealing with a very popular application that has tens of millions or hundreds of millions of users per month, it can get quite expensive, and we don't have a scaling problem. So our solution scales beautifully, right up to 50 million, 100 million active users a month. So why do we have a linear price list and not tiered pricing for larger applications?

 

Ted, let's learn a little bit about yourself. I've got 35 questions here. Why don't you give me three numbers between one and 35?

 

24.

 

Cats or dogs.

 

Cats or dogs. Oh, that's it is a tough one. I grew up with German shepherds and Siamese cats. Very different animals. I would say, given my entrepreneurial slant, I have to go with the cats because they're less needy and there's a lot to do during the day and dogs can really I mean, I love dogs, but they can demand a lot of attention and cats are a little bit more self sufficient. They have some interesting quirks and personalities. But, yeah, we'll go with the cats for today.

 

All right, what's your second number?

 

31.

 

31. Dive bar or cocktail bar?

 

Dive bar.

 

What's your favorite bar and where you've been to so far?

 

Oh, God, I can't remember the name of the place. I honestly don't remember it. But we took the whole team out one night and they had a musician, as all of these places do, playing the guitar, and we hung out there for a while and it was really nice culture there.

 

Yeah. Where are your offices there? You got a very healthy selection of good places to have a drink or three after work around there. It's a good part of the city right there.

 

Yes, we're on the south side, so we're over there. Just between there's a couple of nice parks and the castle and it's just a great, great area to just kind of get lost in.

 

So, last number, team one in 30.

 

512.

 

Early bird or night?

 

All early bird these days. Yes, I'm very much an early bird. Up at 530 every morning and at work by six. With the time zones and working with Scotland, it's just kind of critical to be up first thing in the morning and to have that overlap period of time with the company. I just naturally, at this stage in life, I'm just much more tuned into the morning and do my best work in the morning and really just very clear, focused and high energy first thing in the morning, so, yeah, that's an easy one.

 

Yeah. You think about hiring a sales team for your go to market or are you going to reach your buyers?

 

Absolutely, yeah. We need to invest in that side of the house. So the company has been very focused on R and D, very focused on customer success and adoption, but not on new business, new logos. And that's why I say it is one of the best kept secrets. Yeah. I'm actively looking for a CRO. We need an army of application engineers who are very technically knowledgeable about iOS and Android. Any cybersecurity sale is going to be fairly technical, but we're looking for people who really have a deep knowledge of mobile applications and can articulately communicate the value to clients. So we're looking for people who've really built mobile applications, who understand APIs and the security aspects of it. And we will need an account team, a global kind of account team. So these are things that are in the works and in the planning stages right now, but we'll be posting jobs and staffing appropriately over the next six to twelve months.

 

As you were looking at the investment plan and burn, how do you decide what number to hire of each of those different categories of roles?

 

Well, yeah, you have to look at the business model and you have to look at the thing that's very different about this market and very exciting versus Silent, which was also a cybersecurity company. But Silent was focused on on premise software. And on premise software is not a growing market and the number of vendors, particularly in the CADCAM space, is very finite. With mobile security, as I said, you got millions of apps and new ones coming out all the time. And we've just done a lot of research on the security of those apps and the results are scary because they're not very secure. So we're looking at certainly thousands, if not millions of opportunities out there. So we do have to come up with a proper business model and a way to kind of scale the business. But initially you really look at the world from three perspectives. You look at it from a European perspective or an EMEA perspective, middle east and Africa, and then a North South America and the Asia Pacific region. And we need to build a confidence in those three regions initially and then grow from there. We're also looking at channel strategies. So we have, we've signed up a couple really good channel partners that we're working with and we're looking for more channel partners because there's a lot of leverage that can come with people who are local in a particular region, whether it's Brazil or Germany or Japan. These are places where there's a big cultural divide and having local representatives who are familiar with the client there can be a real force multiplier for us. So these are things that are in development and very far along in terms of recruiting a CRO and we share a mindset about how to build the channel with direct and indirect resources.

 

That's great. Last question for me is security is a really tough market to get attention because there's so many players in there. How are you thinking about trying to get more than your fair share of attention from potential buyers?

 

Well, I think that the rubber meets the road if you can get people to a trial and we make it easy. So we have a free trial on our website. It's approov.io, no e on the end IO, and we offer a free trial. So we have good inbound leads and we have a number of people who are discovering us because they're all searching for solutions to things like man in the Middle attacks, mobile app security and things like that. So we pop up and people come and knock on our door. So I think it's really supporting those trials well. And we have a series of quick Start guides and customers can implement this technology in a week or two and see immediate results. So we kind of let the product speak for itself. But we do need people to kind of kick the tires and see what it does. They can also look at our reference accounts and they can talk to our reference accounts and find people who are facing similar challenges where we kind of stamp the problem out permanently and effectively. But, yeah, you're right. The noise floor in this market is extremely high. And it is hard to kind of get through the noise floor, especially when you have so many companies that are so well funded and so trying to grow so aggressively in this space with loud claims and claim they solve everything. But the reality is that they solved everything. We wouldn't be seeing the relentless number of attacks and the consistent stream of data breaches.

 

It is funny how all that funding money seems to result in increased levels of noise where everyone's just shouting as loud as he possibly began to try and get attention. I wonder sometimes if different is better than better when it comes to right to market and talking to people and trying to engage with them. But let me flip the script a little bit. Ted, do you have a question for me you want to bring up about where you're at in your journey and see if I've got any perspective on what you're doing?

 

Yeah, I have a long list of them, but the first thing I wanted to start with is the kind of flipping the script is that we need to find quality application engineers, mobile developers who are really knowledgeable about how to build secure products but also want to engage with customers and talk to them. We need salespeople who can bring clients in and reach out. We've all done the recruiting with things like Indeed and LinkedIn and they're very good sources, but sometimes you get overwhelmed with quantity, not quality. So, given your experience, what's your secret sauce in terms of finding the best candidates for these cybersecurity jobs and recruiting practice?

 

Yeah, I think that when you're earlier stage, let's say, right, I think it's important to think about not just the usual things to attract people in terms of comp and position, things like that, but really dial in on the emotional side of why people join startups. Right. It's going to be a hard gig to do, but you want to attract the people that want to be there to make a difference. And I think sometimes when you look at the postings, you look at how companies talk about attracting people, they don't really going to get into that. Right. I know when I've joined companies early stage before thinking about how are they trying to change the world and making sure that you attract people that want to go on this journey with you. One of the. Dangers is that they like the idea they show up and then over six months or a year later, oh, this is hard work. It's not quite what I thought. And you couldn't need that real drive to say Steve Jobs thing, right? Do you want to sell sugar to water, or do you want to join Apple to change the world to John Scully back in the day? So I think first thing is we get dialed into that to say if I'm the type of people I want to hire, will they be attracTed by that kind of emotional message about joining and making a difference? I think that's one thing. And you're right. There's a ton of boards out there. I actually just recently launched the Cyberseillsjob.com Job Board, so we're focusing much more on cybersecurity sellers and helping all those that have been laid off recently to be connected to earlier stage companies. I think the one thing, though, that people don't do, they talk a lot about doing this, but they don't do a good job. It is a little bit of work is the idea of targeting certain people at certain companies. And I've seen people do this really, really well. They'll say maybe slightly bigger companies will say, okay, we're getting screwed in whatever. The Florida market, the dock market in Europe. Who are we competing against? And who are the key players of these companies that will be better off in our with a badge from our company. Rather a badge from their company. And I always think about two things. There's a guy actually in your neck of the woods from Upfront Ventures called Mark's Sister, and he talks about his investment philosophy around lines, not dots. So he wants to meet with companies and founders over a period of time and see the lines, see the trajectory of the company, see what they're working on, seeing how they deliver it, to know that they're on the right track. And I kind of think about that. If you're truly trying to attract the right talent, go find out who they are, engage with them, and engage with them over time because they won't be ready to leave right there and then if they're true top talent. But keep engage with them so you can track their progress and they can track yours. There's the common excitement. Let's say that over time, we seem to be on the same page about being in this sort of environment, and you track a person online rather than the company. And the second thing is, I would zero in on when you're working with targeting those people like that, is what are the reasons they truly leave their current gig? Right? It's really because they're happy and they just see this great thing over here. You need to kind of zero in on what's going to make them unhappy enough that they would consider leaving. And there's eight reasons. I actually did a podcast episode quite a while back about this. The eight reasons are usual things comp plan changed, leadership changed, territory changed, things like that. There's things going on at the company, which means two months ago, I was pretty happy. Now I'm at least open to talking to that guy a bit more who I talked to for the last year or so, and that might be a natural place to go to. So if anyone wants to kind of dig into that. Podcast, number 71 talks about using lines, not dots. In terms of hiring and podcast. 72 talks about the eight reasons why people actually leave high performers, leave companies, and what happens that you can zero in on and try and pick away a little bit at the Scab if they're going through that sort of problem. I don't know if that helps, but certainly think about it.

 

That's very good advice. Yeah, I'm going to be talking to a candidate later today and I will use some of that information.

 

Yeah, well, it's so important. I think that one of the mistakes that people make is they try and skimp a little bit. What's the minimum we could pay people? What's the minimum we could offer people when really, if you want to make a big difference, you need high caliber people and say, let's do this properly. I'd rather have one or two high caliber folks than five or ten medium caliber folks, because one or two is going to make the difference for you.

 

Very good advice. Yeah. Thank you, Andrew.

 

Well, Ted, I really enjoyed the conversation today. If someone wants to get in touch with you about your hiring or continue the conversation, what's the best way to do that?

 

Visit our website. As I said, it's approov.io. That's A-P-P-R-O-O-V IO. And there's a contact us form on the website. If you're in the cybersecurity space and you want a free trial, there's also a free trial space as well. But I would love to hear from people. You can also find me on LinkedIn, www.linkedin.com/in/tedmiracco, and you can reach out to me that way as well. So very interested in hearing from people and I really appreciate the time today. Andrew, it's been fun talking to you.

 

Yeah, likewise. We'll put those two links in the show notes so someone can go straight to that page on your website and also to your LinkedIn profile. Had really enjoyed the conversation. Thanks for joining us. I wish you all the best for 2023.

 

Excellent. Thank you, Andrew.

 

Well, that was a fun episode for me to do. It's not often that I get to talk with someone from a company based at my hometown of Edinburgh and Scotland. Ted is actually based in Southern California, but the rest of the team is based over Denver, so it's always nice to connect there. For me, three takeaways I had. One is what Ted was talking about with the state of the product that they have and approve. It's being developed over a few years, and it got to the point where it's high quality product. He was saying try to fix product problems or scaling problems is much more difficult than trying to fix a sales and marketing challenge. And I think I agree with them. If I was to be in any shoes, I'd rather be one where we're trying to scale sales and marketing and get that going, as opposed to scaling that and having to deal with issues, quality issues, things like that. Second thing is, it sounds like Ted is hiring a CRO right now to build and drive sales. Now, it's not that common to have the first hire in the sales team be the CRO, and he used the term CRO, not just sales leader or anything like that. So that might be someone who's quite senior and that's not all that common. Unfortunately, we both had hard stops coming up at the end of the interview, so I didn't really get a chance to dig into more about how he came to that conclusion and how that was the right move and how he's thinking about it. I wish I had, but it was kind of telling that he's going for experience and seniority to build out a team right now, as opposed to someone more junior. And then the final thing I took away was it seems like maybe in the mobile market, especially in some other markets within cyber, getting downloads or people to try what you have can lead to success. In this case, when you get developers who are the audience, getting them to download the tool and just get their hands on it and start using it, is where he sees getting a lot of traction. This whole kind of premium model or product like growth, different phrases with the same type of thing, sounds like it's important to approve as well. So those are my three takeaways. You probably have the similar different ones. Either way, I wish Ted and the team a lot of success for 2023 and into 2024.