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Where are you getting >60x?? > For Wiz, a $23 billion sale price was irresistible. Google would value the startup at 46 times the $500 million in annual recurr
by wrsh07 2y ago
Where are you getting >60x??
> For Wiz, a $23 billion sale price was irresistible. Google would value the startup at 46 times the $500 million in annual recurring revenue it currently generates, a person familiar with the matter said.
https://www.wsj.com/tech/how-startup-wiz-went-from-zero-to-a-possible-23-billion-sale-to-google-in-four-years-edb7c02b?mod=article_inline https://www.wsj.com/tech/how-startup-wiz-went-from-zero-to-a...
I'm very curious about what due diligence found, but we aren't likely to get more info until we see their s-1