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November 21, 2024

๐Ÿ”™ Throwback Thursday for 2024-11-21

Reflecting on my top LinkedIn post and recent M&A buzz between Dazz and Wiz.

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๐Ÿ™ And a big thanks to all our sponsors! ๐Ÿ™

(Scroll to the endโ€ฆ)

Back in the ancient times ofโ€ฆ ~7 months agoโ€ฆ I produced my most re-shared LinkedIn post in several years.

Jay Cuthrell on LinkedIn: Wiz CEO: 2024 Will Be the Year of Acquisitions

๐Ÿ”ฎ๐Ÿง ๐Ÿค–๐Ÿ”โ˜๏ธ๐Ÿ“Š "So definitely we believe that 2024, for us, will be the year of acquisitions" -- Assaf Rappaport, CEO of Wiz

Curiously, the same day that Google and Wiz allegedly agreed to not agree on M&A terms, there was another post that got coverage.

Techmeme: Dazz, which provides AI-based cloud security remediation software for enterprises, raised $50M from Greylock and others, sources say at a ~$400M valuation (Ingrid Lunden/TechCrunch)

By Ingrid Lunden / TechCrunch. View the full context on Techmeme.

Fast forward to todayโ€ฆ

Techmeme: Cybersecurity startup Wiz acquires Dazz, a specialist in security remediation and risk management; sources say the cash-and-stock deal is valued at $450M (Ingrid Lunden/TechCrunch)

By Ingrid Lunden / TechCrunch. View the full context on Techmeme.

taps microphone

Thanks folks! Youโ€™ve been great โ€” Iโ€™m here all week. Try the fish! Please tip your waitstaff! ๐Ÿค“

Jay Cuthrell: "@Techmeme@techhub.social Earlier this year, Wiz Cโ€ฆ" - cuthrell.com is Jay's Mastodon instance

@Techmeme@techhub.social Earlier this year, Wiz CEO said 2024 was going to the year of acquisitions... and as the Google/Wiz story played out it coincided with the most recent funding round for Dazz! Context: https://www.linkedin.com/posts/jaycuthrell_wiz-ceo-2024-will-be-the-year-of-acquisitions-activity-7182523881671282688-mGaO

Note: Some images via Unsplash

Disclosure

I am linking to my disclosure.

Cuthrell Consulting LLC
Attn: Jay Cuthrell
1903 Live Oak St #92
Beaufort, NC 28516-0092


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