Cybersecurity Startup Wiz Sells for $32 Billion
Google parent Alphabet’s acquisition of cybersecurity startup Wiz has made several venture capital firms rich. Sequoia, a well-known VC firm, stands to make $3 billion from the deal, about 25 times its initial investment. However, early backer Cyberstarts will see far more substantial gains, with its original seed round investment now worth $1.3 billion. Cyberstarts … Read more