This talk dispels myths about our industry. One myth is that consolidation occurs. Another is the slow growth of the industry usually pegged at less than 10% a year by the major research firms. Another is that security startups fail at an alarming rate. They do not. There were only two failures of funded startups in 2020, although there were some acquisitions at fire sale prices. Stiennon shares the data from the Directory in Security Yearbook 2021. There are 2,615 vendors broken into 16 major categories.