Peerlyst shutting down - DefenseLead
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Peerlyst is a social network exclusively for security professionals. It is an unbiased platform for security news, product reviews, discussions, and networking. Users range from consultants to CISOs, making us the best place to network with security professionals all over the world.

However, Peerlyst founder and CEO Limor Elbaz have confirmed on Peerlyst that they are going to shut down the platform due to critical financial pressure.

Official Statement by the Peerlyst Team:

Below is the official statement by the CEO and Peerlyst team.

“Dear community members,

I’m writing to inform you that we decided to shut the Peerlyst.com site down on August 27, 2020.

We are very proud of what this community has created, and how far it came without sacrificing its integrity, quality, and identity. But we are realizing that we would not be able to grow it as a VC-backed business without making huge compromises on quality.

This was not an easy decision, especially in light of what this community has achieved. We already touch the professional lives of 70% of security professionals worldwide, and the site ranks higher than the majority of security companies. The community needs this place to share knowledge and best practices, and marketers have benefited from unique opportunities to connect with their buyers in a more authentic, noise-free environment.

We want to give our members an opportunity to save a copy of their work and maintain a direct connection with other members.

It’s time to thank everyone who’s helped to build this amazing community and stuck with us over the years:

  • Our investors, Cindy Padnos‍ (Illuminate) and Mitchell Kertzman‍ (Hummer Winblad).
  • Our company’s leaders: Evgeny Belenky‍ , Vivek Munde‍ and Renish B‍ (Bhaskaran), each of whom has been *amazing* in creating your experience, taking on new challenges, automating the heck out of everything yet keeping a personal touch with members, staying nimble, and building something so special. We’ve come a long way with very limited resources thanks to their dedication and resourcefulness.
  • Early-day builders Gaurav Thapa‍ and Kamal Ali‍.
    Special and huge thanks for Claus Cramon Houmann‍ our first and all times community author who initiated the very first how-to’s and joined us to make the wikipedia of security. Claus, we love you dearly.
  • Our moderators: Basheer Ahmed Khan‍, InfosecTDK‍ , Dean Webb‍ and Dennis Leber‍.
  • Helpers: Varun Kohli‍, Richard Stiennon‍, Magda CHELLY, CISSP, Ph.D., Chiheb Chebbi‍

Thank you, every single member of you, the many thousands that shared their knowledge by taking the time to write such useful content, helping others, asking questions, responding, debating, and pushing for quality.

We’ve always found great strength in this community’s ability to create, invent, collaborate, be inclusive and self-critical, and build it with the same values. We hope that you can find more opportunities to continue your great work together.

We will see you around,

Limor Elbaz‍ and the Peerlyst team.”

Peerlyst as Cyber Security Central Watering Hole:

Reacting to one of the news article mentioning the peerlyst as Cyber Security Central Watering Hole , CEO Limor Elbaz said:

“While we are really proud to have built the security community watering hole, this is a big loss.

We want to thank every single one of you for your appreciation, gratitude, empathy, and honoring of what we’ve created together.

For those who are frustrated (“how hard can this be?”, “why can’t someone else run it?” etc) I’ll share that we’ve examined dozens of offers to “take on the site” and “keep it going”. None was able to commit to both honoring our Terms of Use and keeping the quality (which would require a team). This site is great partly because we use both algorithms and humans to keep it noise-free and bring quality. We don’t pay authors but we use heavy engineering to float good content, maintain a sophisticated web reputation system (architected very carefully with the bible “Web Reputation Systems” by Randy Farmer‍ and improved by us), manage a users-first email system and a lot of human interaction.

We are working diligently to make the top content available in the future and will keep you posted.”

Responses on Peerlyst shutting down:

Lot of security professional expressed their disappointment on this news. One of the user said “Truly sorry to see this site go”. Another user responded as “That’s pretty sad news.”

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