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Unpacking how Alphabet’s rumored Wiz acquisition could affect VC
If Wiz does get acquired, it will impact startup exits but also venture firm fundraising and funding rounds.
Alphabet, the parent company of Google, is in advanced talks to acquire cybersecurity startup Wiz for $23 billion, the Wall Street Journal reported on Sunday. CrowdStrike competes with a number of vendors, including SentinelOne and Palo Alto Networks but also Microsoft, Trellix, Trend Micro and Sophos, in the endpoint security market. J. Michael Cline, the co-founder of Fandango and multiple other startups over his multi-decade career, died after falling from a Manhattan hotel, New York’s Deputy Commissioner of Public Information tells…
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