4 ms·
Lacework, last valued at $8.3B, is in talks to sell for just $150M to $300M
- altdataseller 2y agoProbably still too expensive if it's bleeding cash and was just throwing away $2 to buy $1 of revenue
- theogravity 2y agoDoes that mean most employee equity in Lacework will be worthless due to the significant discount?
- dilyevsky 2y agoThey raised 1.9B apparently so even investors would lose a lot of money if such a deal closes. Employee/founder non-preferred equity doesn’t get paid until all investors get paid
- mavelikara 2y agoYes, that is inevitable given this level of shrinkage in valuation.
- deleted 2y ago[deleted]