In this episode of Agentless, Jason Loomis and Dave Cole dive into the ethical challenges that arise when CISOs partner with VCs and investors, particularly when financial incentives are involved. They explore the controversial "Gili Renan model," where CISOs allegedly receive kickbacks for promoting portfolio companies. The discussion touches on the transparency and moral obligations CISOs face in maintaining trust while participating in the startup ecosystem. They also address the complexities of balancing advisory roles with corporate responsibilities.
"If we paid CISOs more, the temptation for an extra 5,000 or 10,000 in equity wouldn’t be a factor. It’s about transparency and making ethical decisions that best serve the company, not personal gain." – Jason Loomis
"CISOs are instrumental to the startup ecosystem. But with that influence comes the need for transparency and a solid ethical framework. It's not just about defending the company—it's about trust." – Dave Cole