Florin Talpes, Bitdefender: A listing on the stock exchange before 2016 is unlikely

Newsroom 22/10/2013 | 14:11

“We are now reviewing our strategy for the next 3 to 5 years. Bitdefender will not list on the stock exchange before 2016. I am referring to the fact that we need to reach critical mass, and the first stage of this will probably happen in 2015,” Florin Talpes, CEO and founder of security solutions provider Bitdefender, said during the ZF Digital event.

Bitdefender products and solutions are currently used by 500 million worldwide.

The company’s main focus regions over the next year will be North America and Western- Europe (especially Germany).

The company can achieve 40 percent organic growth every year and solutions are being taken into account to accelerate this growth, Talpes explained.

For Bitdefender this year, the entrepreneur sees 25 percent growth in revenues, much of this growth coming from the online. “Romania has seen a growth above average on the online, it’s one of the champions,”said Talpes.

The Romanian entrepreneur said the company has no problems in finding cash, but it does not look mainly to its investors for financing. “The financial aspect is not the greatest value that investors bring, but the networking and the strategic partners they can facilitate. If someone is in Silicon Valley, they can do networking, have C-level connections or access to capable teams,” said Talpes.

Talpes warned entrepreneurs against falling into the trap of dissipating their resources, and said it is important to focus on certain strategic directions.

The businessman said the most expensive for a company is to win new users, this is why it is important to launch free products which can build a solid customer base that can be monetized later. “The main battle is to have a certain number of users because at a certain point you can find a way to monetize it. You can achieve this by making a pure investment at first, by launching free applications which you can monetize later,” he said.

“Bitdefender is focusing on mobility. We have launched a free antivirus for Android and now we are seeing an explosion in the number of users,” said Talpes.

Virtualization is another direction that Bitdefender bets on, and will come up with a suite of technologies on this side.

Otilia Haraga

 

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