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TechCrunch Minute: Why did Wiz walk away from $23 billion?


Turning down a $23B acquisition offer takes a lot of guts. Here’s why Wiz said no to Google and bet on itself.

Startups are attracting serious funding to provide fun, alcohol-free drink options at the bar and in other social contexts. Every big social network and internet platform has been hyping new AI features, so it’s probably no surprise that LinkedIn is moving in that direction,… Rappaport also wrote, “Saying no to such humbling offers is tough, but with our exceptional team, I feel confident in making that choice.” He said the company’s next goals are to reach $1 billion in annual recurring revenue and to go public.

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