“Cybersecurity startup Wiz is in advanced talks to acquire Lacework, one of its largest private competitors, according to two people with direct knowledge of the talks. The deal values Lacework at between $150 million and $200 million, according to one of the people, a sharp decline from the company's 2021 valuation of $8.3 billion.” Anyone know what happened to them? 99% drop
Where is this quote from?
Oh gosh !
Poster child for losing money due to high costs of a great AI/ML product without profitable business model..
Fake news
200m is a fake number
Guess joining from FANG was a bad decision. Oh well
it must be a joke.
Lol what a joke. Is this for real?
Honestly how the fuck did they burn through so much money so fast... They raised 1,825,000,000 in 2021 🤦
They gave the cash back to the VC’s - wasn’t a reported part of this deal
Must be the meta executives who came in