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Lacework

https://techcrunch.com/2024/04/18/wiz-is-in-talks-to-buy-lacework-for-150-200m-security-firm-was-last-valued-at-8-3b/ Fire sale

Lacework, last valued at $8.3B, is in talks to sell for just $150M to $300M, say sources | TechCrunch
Lacework, last valued at $8.3B, is in talks to sell for just $150M to $300M, say sources | TechCrunch
TechCrunch
Applied Materials MITPhDdude Apr 19

Takes skill to lose 8 billion.

Lacework newlacer Apr 19

Amazing CEO and other c suite he hired can do just that. Wish the c suite folks have PACE reviews like every other employee so they could have been fired in first few months itself

Qualtrics la'others Apr 19

8.3B company selling for 150M? That's 98% discount on the MSRP. This is bad for the private markets. It makes other private tech companies look over priced. So in reality Stripe is 1.3B company, Databricks is 830M company, SpaceX is just a 3B company,

Google oogagoog Apr 19

That’s not how it works…

Confluent bftgvc Apr 20

Haha, what do you do at Qualitrics?

Lacework izxoqzjhg Apr 19

You're late to the conversation. There's already other threads about this.