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What I Read This Week…

chamath.substack.com · 470 words · saved by 1 readers

Google is in talks to acquire cybersecurity startup for $23 billion, Crowdstrike software update led 8.5 million Windows devices to crash, record-low U.S. birth rate is driven by women having no kids

Watch All-In E188 Read our Deep Dive on U.S. Defense Caught My Eye… Google is in advanced talks to acquire cybersecurity startup Wiz for around $23 billion, potentially making it Google's largest acquisition to date. Founded in 2020, Wiz has grown rapidly, reaching $500 million in annual recurring revenue within 4.5 years. Google's willingness to pay 46x forward revenue underscores the value of cloud security for cloud service providers, as even one significant cybersecurity breach could severely damage their reputation and revenue growth. The potential exit for Wiz’s investors at a high…

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