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Sources: Sequoia's ~10% stake in Wiz would net the firm ~$3B from Wiz's sale to Alphabet, a 25-fold return; Greenoaks would secure ~$2B on its ~$300M investment (Bloomberg)
Bloomberg: Sources: Sequoia's ~10% stake in Wiz would net the firm ~$3B from Wiz's sale to Alphabet, a 25-fold return; Greenoaks would secure ~$2B on its ~$300M investment — Wiz backer Sequoia Capital is poised to deliver a return of about 25 times its invested capital from the cybersecurity startup's pending sale …
Bloomberg:
Sources: Sequoia's ~10% stake in Wiz would net the firm ~$3B from Wiz's sale to Alphabet, a 25-fold return; Greenoaks would secure ~$2B on its ~$300M investment — Wiz backer Sequoia Capital is poised to deliver a return of about 25 times its invested capital from the cybersecurity startup's pending sale …
