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Why Wiz walked away from Google’s $23B acquisition offer | TechCrunch Minute

Google was reportedly offering $23 billion to acquire Wiz. Then Wiz walked away. Why would a startup turn it down? By saying no to what could have been the most lucrative deal ever proposed for a startup, Wiz showed it has a lot of nerve — and that it’s willing to place a big bet…

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Google was reportedly offering $23 billion to acquire Wiz. Then Wiz walked away. Why would a startup turn it down? By saying no to what could have been the most lucrative deal ever proposed for a startup, Wiz showed it has a lot of nerve — and that it’s willing to place a big bet on themselves. Let’s break it down.

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2 Comments

2 Comments

  1. @rohanknavsariwala

    August 3, 2024 at 10:29 am

    This reminds me of Richard Hendricks turning down 10M from hooli to build Pied Piper.

    Reply

  2. @standoff_2_Robzy

    August 4, 2024 at 3:30 pm

    please don’t block YouTube for us this translator

    Reply

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