$6M Wiz Investment Yields 200x Return for Early Backer – How?

TECHi 2025-03-21

Summary:

Wiz’s early-stage investors stand to gain greatly from the $32 billion all-cash purchase of the cybersecurity company by Alphabet, the parent company of Google. According to Bloomberg, Sequoia, one of the most well-known venture capital firms, stands to gain $3 billion from the purchase, which is almost 25 times the amount it put into the […]

The post $6M Wiz Investment Yields 200x Return for Early Backer – How? first appeared on TECHi and is written by Rabia Majeed.

Link:

https://www.techi.com/wiz-acquisition-alphabet-early-investors-big-returns/

From feeds:

TECHi » TECHi

Tags:

acquisition

Authors:

Rabia Majeed

Date tagged:

03/21/2025, 07:58

Date published:

03/21/2025, 06:22