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Any circumstances change that prompted Alphabet and Wiz to redo the deal? I am not aware of what are the exact roadblocks that stopped the deal last year, and
by nsoonhui 2y ago
Any circumstances change that prompted Alphabet and Wiz to redo the deal?
I am not aware of what are the exact roadblocks that stopped the deal last year, and it isn't clear from the article that they have been removed.
23 billion is already a huge sum, so more money than that isn't likely to cause a change of heart, I guess.
- sylens 2y agoYou wonder if Wiz is having second thoughts about IPO just as we go into recession
- kadushka 2y agoWhat recession?
- bhouston 2y ago> What recession? There are increasing signals of an upcoming recession, but with Trump's unpredictability there is a lot of uncertainty... https://www.nbcnews.com/data-graphics/recession-warning-signs-trump-economy-what-know-charts-rcna196221 https://www.nbcnews.com/data-graphics/recession-warning-sign...
- kadushka 2y agoAn article like this gets published a few times a year, every year in the last 50 years. Some years it comes true!
- gunian 2y ago[dead]
- hyperbovine 2y agoMaybe anti-trust concerns plus a massively more amenable administration and DOJ? Biden + big tech was always an uneasy marriage at best.
- shmatt 2y ago10 Billion Dollars / 50% more value for the employees stock is a big deal though. I know this might be unheard of but I think the CEO understood the value and wanted to end up with a deal that made even later hires a life changing sum There were a lot of haters on HN and elsewhere when he turned down $22B, let’s see others demand 50% higher valuation in front of the alphabet board and actually get it. He literally just believed in the product I mean even now this thread is slowly filling up with conspiracy theories on how they agreed to 50% MORE money only because they’re about to crash. Come on… They wanted a respectful offer from Google, they didn’t get one, now they got one. The fact the companies kept talking after the last round of press shows that there is substance in the product Imagine you just smeared Google in the global media, and they call you the next day trying to get back together