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Some context: they raised $600M total, including a $100M series A in December of 2020. Which is mind-boggling since, if there “18 month” timer is true, They rai
by billyhoffman 4y ago
Some context: they raised $600M total, including a $100M series A in December of 2020. Which is mind-boggling since, if there “18 month” timer is true, They raised $100M with no revenue and no growth numbers or retention numbers.
I’m not sure when they started their “18 months” timer, but this seems disingenuous to compare to other companies.
https://www.crunchbase.com/organization/wiz-inc https://www.crunchbase.com/organization/wiz-inc
- baxtr 4y agoIt’s not only disingenuous. It’s also pretty silly. As if life and creating value is a sprint with winners and losers. They’re clearly playing a finite game to use a more popular term. Let’s revisit this company in 5-7 years. Shall we?
- superb-owl 4y agoThey seem to have started the clock at $1M ARR. Looks like they were in "stealth mode" for their first year, which is probably when they got to $1M.