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Google parent in talks to buy cyber security startup Wiz for $23B

10 pointsby supermatou10 months ago

4 comments

BobbyTables210 months ago
How does a 4 year old company get a total of $2B in VC funding?<p>Cloud and containers are by no means new. They aren’t first or even the 100th company to try this.<p>This is utter insanity.
master_crab10 months ago
I don’t understand what Google’s goal is here? Wiz is a multi cloud security offering. A Google purchase will immediately start turning the company into a GCP focused offering.<p>If they want to improve GCP’s security offering…sure, maybe.<p>But that is going to destroy a lot of value in the company up front and it’s not like their engineers can’t replicates Wiz for GCP for a lot less than $23b.
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supermatou10 months ago
For those unable to bypass FT&#x27;s paywall:<p><a href="https:&#x2F;&#x2F;archive.is&#x2F;6LZap" rel="nofollow">https:&#x2F;&#x2F;archive.is&#x2F;6LZap</a>
sofixa10 months ago
Isn&#x27;t a $23B valuation on $350M&#x2F;ARR a bit high?
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