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VCGuy

Believe me, it’s not... • 8m

Google's $23 B offer for Wiz may reignite interest in deals and exits for cybersecurity start-ups. Wiz's $23 B offer from Google is ~2x the valuation of their Series E and 46x their ARR. Series E in May 24 : $1 B raised at $12 B valuation ⏩Investors include: a16z, Lightspeed, Thrive Capital Pitchbook data : 48 deals worth $6.9 billion in 2024. 🌩️A few caveats - - Wiz is an exception. Grew to $100 M ARR in 18 months and to $500 M ARR in <4 years. - Likely to hit a $1 B ARR in the next 12 months (growing at 120% y-o-y) - Plenty of SaaS companies are at $100 M-$200 M ARR growing at 30%-40%. Wiz's growth rate is uncommon. ⏯️Wiz turned down Google's $23 billion buyout offer. They've decided to aim for an IPO. Offers like these don't come by very often and it truly takes a 100X entrepreneur to turn one down.

0 replies8 likes

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Shuvodip Ray
•

YouTube • 8m

📌Google's $23B Acquisition Offer The proposed acquisition would have been Alphabet's largest to date, nearly doubling Wiz's previous valuation of $12 billion from its May 2024 funding round. Google's interest in Wiz stemmed from its desire to bolst

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gray man

I'm just a normal gu... • 6h

Alphabet Inc., Google's parent company, has agreed to acquire cybersecurity startup Wiz for $32 billion in cash. This acquisition, the largest in Alphabet's history, aims to integrate Wiz's security platform into Google Cloud's infrastructure while

0 replies5 likes

VCGuy

Believe me, it’s not... • 9m

Building SaaS from India for the world - Rocketlane raises a $24 M Series B. ➡️Total Funding: $45 M (Seed at $3 M, Series A at $18 M) ⏫Lead investors: 8VC, Matrix Partners and Nexus VP. In recent years, many Indian startups are building SaaS compan

1 replies10 likes

VCGuy

Believe me, it’s not... • 8m

Several reports indicate that OpenAI has doubled its revenue in <6 months. Late 2023: $1.6 B May 2024: $3.4 B 💡FutureSearch's report provides an interesting estimation of OpenAI's revenue breakdown - - $1.9 B from ChatGPT+, 7.7 M paying subscrib

0 replies12 likes

Anonymous

Hey I am on Medial • 1y

Have an offer of 18% hike in a SaaS company another at 23% in a fintech (I’m into backend). Which one will be more exciting to work in?

3 replies8 likes

Mahendra Lochhab

Content creator • 3m

The growth in assets of non-banking finance companies (NBFCs) in India is expected to sharply decline to 15-17 per cent year-on-year (Y-o-Y) in the current and next financial year from 23 per cent in FY24.

0 replies2 likes

VCGuy

Believe me, it’s not... • 9m

Zepto Secures $665 Million in Largest Funding Round of the Year. Post-money Valuation: $3.6 B (2x increase since their previous raise) New Investors added: Avenir, Lightspeed, Avra Cap. A few key highlights⤵️ - Aiming to double store count to 700,

2 replies15 likes

Harsh Dwivedi
•

Medial • 4m

Building Wiz: the fastest-growing startup in history | Raaz Herzberg (CMO and VP Product Strategy) Raaz Herzberg shares her journey from PM to CMO at Wiz, driving hypergrowth from $0 to $500M ARR. Learn about pivots, customer insights, and scaling f

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Siddharth

A guy with a lot of ... • 11d

Google in Talks to Acquire Cybersecurity Startup Wiz for $30 Billion Google (Alphabet) is reportedly in advanced discussions to acquire Wiz, a cybersecurity startup, for a whopping $30 billion—potentially making it Google’s largest acquisition ever.

0 replies3 likes

VCGuy

Believe me, it’s not... • 2m

The health-focused food space has seen a noticeable uptick in activity. In the past few months - - WickedGud raised ₹20 Cr from Orios VP (healthy alt's for pasta/noodles/chips) - Troo Good raised $9 M from Puro Wellness, Oaks, V Ocean Inv. (offers m