110
I security tested 200+ SaaS applications before their funding rounds. These 5 vulnerabilities killed deals worth $50M+ combined.
r/SaaS
7/7/2025
Content Summary
A security consultant claims 5 common vulnerabilities (exposed admin panels, SQL injection, API key exposure, broken access controls, and lack of rate limiting) caused over $50M in failed SaaS funding deals. The post details technical fixes and business impacts, but faces significant skepticism from commenters questioning the validity of statistics and real-world impact on investments.
Opinion Analysis
Mainstream skepticism questions the validity of OP's statistics (82% SQLi prevalence) and real funding impacts. Technical users argue modern frameworks prevent most listed vulnerabilities, while non-technical founders express concern. Key debates:
- Security vs Funding Priority: Whether basic vulnerabilities truly kill deals or are quick fixes
- Technical Feasibility: Disputes over fix timelines (30min SQLi fix deemed unrealistic)
- Credibility Issues: Multiple users challenge OP's claimed 200+ audits and client base
- Generational Divide: Older vs modern security practices (e.g. phpMyAdmin usage)
- Vendor Motivation: Accusations of fear-mongering to sell security services
SAAS TOOLS
| SaaS | URL | Category | Features/Notes |
|---|---|---|---|
| App.ghostsecurity.ai | Security | Free tool to point out code vulnerabilities | |
| knock.onyxai.app | https://knock.onyxai.app/ | Security | General purpose security tool with free trial |
USER NEEDS
Pain Points:
- Security vulnerabilities jeopardizing funding deals
- Lack of basic security hygiene in SaaS applications
- Difficulty implementing security fixes quickly
Problems to Solve:
- Preventing security flaws from derailing investments
- Meeting investor security audit requirements
- Avoiding costly data breaches and fines
Potential Solutions:
- Implementing VPNs + MFA for admin panels
- Using parameterized queries to prevent SQLi
- Server-side secret management
- Authorization checks on endpoints
- Rate limiting implementation
GROWTH FACTORS
Effective Strategies:
- Pre-funding security audits
- Technical debt prioritization
Marketing & Acquisition:
- Leveraging security compliance as selling point
- Enterprise customer security reviews
Monetization & Product:
- Security as valuation differentiator
- 10K-30K security implementation budgets
User Engagement:
- Community education about security basics
- Investor-facing security self-tests