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Peter Mckay

CEO, Snyk

Search every verified Peter Mckay interview, podcast appearance, and on-the-record quote — each transcript cross-checked by AI and human review to confirm speaker identity. In a July 2026 interview, Snyk CEO Peter McKay discussed the company's growth from $2 million to $350 million in annual recurring revenue and the challenges of scaling a startup. He described Snyk as a developer security company that embeds security into the software development lifecycle. McKay noted that the company raised funding rounds at valuations that doubled each time and stated that Snyk has $365 million in cash reserves and is break-even, with no cash burn. McKay shared his approach to managing growth, including making 13 acquisitions and making personnel changes when team members cannot scale with the company. He said he assumes market conditions will tighten and emphasized the importance of conserving cash. McKay also recounted that during the COVID-19 pandemic, he chose to double down on hiring and product development despite venture firms advising cutbacks, calling that decision "the best bet we could have made."

Recent appearances

Notable quotes

“Save your cash because it's a little bit like musical chairs. There is cash, cash, cash, and then the music stops and then you can't get any cash. And so, having been through it so many times in my career, I'm always assuming that the music's going to stop fairly soon and I just always need to be ready for that day.”

“We would never do another round unless it was twice the the value of the prior round. And that was the but but it was so crazy that everybody was like, 'Okay, if I give it to you now, would you take the money?' And we're like, 'I guess.' Um and so we did you know, yeah, we raised we raised uh a lot of money. Uh you know, we raised the last two rounds um and I still have all that money. I still have $365 million sitti”

“If we don't do this, we're screwed — we must stay ahead of the 'boogeyman' (Anthropic, OpenAI, Google) because they're coming after everybody.”

“39 billion spent in all things AI, and making sure that the AI security readiness equals the AI readiness. And right now there's a big gap.”

The summary and quote tags on this profile are produced with AI assistance from verified, first-person interview transcripts, then checked by our team to confirm the speaker's identity and the accuracy of every quote. See how we verify →