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Would You Walk Away From 23 Billion Dollars?

  • Wiz, the world’s largest cybersecurity unicorn, turned down a $23 billion takeover offer from Google's parent company, Alphabet.
  • Wiz recently reached $500 million in annual recurring revenue and has a current private valuation of $12 billion.
  • The decision to decline Google's offer was described as the toughest offer ever by Wiz CEO Assaf Rappaport.
  • Founded four years ago, Wiz has raised $1 billion in investments and is backed by notable investors including Andreessen Horowitz and Sequoia Capital.

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