Having the money doesn’t mean that you need to be active
when asked about Wiz’s M&A strategy
Assaf Rappaport, the co-founder and CEO of cloud security startup Wiz, said that turning down a $23 billion offer from Google was “the toughest decision ever,” but justified it by saying the company ...
TechCrunch“Wiz CEO Assaf Rappaport said at a Wall Street Journal event on Tuesday, as reported by Reuters, that the acquisition had cleared its antitrust review by the U.S. Department of Justice.…”
“We believe it’s bigger, definitely bigger than endpoint, bigger than networks, so the opportunity to become a 100 plus billion dollar company is there. We believe that the company that is…”
“I think we did the right choice”
“There has never been a trillion-dollar revenue business, and we may have two of them in the next 5-10 years.”
“has emerged as a significant business with a revenue run rate in the tens of billions of dollars and is now profitable in its own right”
“We’re going to invest to continue being the leader. We can fund this plan, and I think it will forever change the size of Amazon. It will forever change our revenue.”