TechCrunch
Unpacking how Alphabet’s rumored Wiz acquisition could affect VC
Alphabet, the parent company of Google, is in advanced talks to acquire cybersecurity startup Wiz for $23 billion, the Wall Street Journal reported on Sunday. If this deal does end up getting done, it would be Alphabet’s largest acquisition yet. Angela Lee, a professor at Columbia Business School and a founder of angel investor community 37 Angels, told TechCrunch that if Alphabet acquires Wiz, she does think it could be enough of a catalyst to give the startup M&A market some momentum.
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