What will happen to cyber-security unicorns
Hi Before 2022, cybersecurity unicorns like Sysdig, orca security, Lacework, wiz, snyk etc were having record fund raising rounds. Last year all of them became unicorns with valuation of $2B or more. How does outlook look for them with current market crashes? VCs are super-cautious giving more money to them. https://techcrunch.com/2022/09/02/tracking-cybersecurity-investment-during-the-venture-downturn/ https://news.crunchbase.com/cybersecurity/funding-cybersecurity-startups-market/ This looks promising though : https://news.crunchbase.com/venture/high-valuations-large-fundraises-series-launch/ TC: 210k (stock is down 😕) YOE #faang #amazon #cybersecurity #lacework #crowdstrike #meta #facebook #paloaltonetworks #cyberark #oracle #microsoft #h1b #aws #securityengineer
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anyone know the exposure level of these unicorns to the current banking situation? thanks
Does every one of them have a real business?
I think you mean do *any* of them have a real business? Hint: not according to their earnings / profits.