This presentation will discuss recent market and valuation trends of offensively-focused cyber companies. The audience will be exposed to an unvarnished look at the financial condition of the sector and its (in)ability to stand up to the inescapable recapitalization (re-tooling) required to compete in a post-Snowden environment. Yet, we have witnessed a mixed response, reluctance, and skepticism from the investment community to fund these activities—resulting in a valuation gap with business owners. We will examine the main drivers of this schism and offer suggested catalysts to break the logjam and swiftly innovate next generation solutions.