Wiz, a cloud security startup, has decided to forgo a $23 billion acquisition deal with Google‘s parent company Alphabet Inc. (NASDAQ:GOOGL), (NASDAQ:GOOG) and will instead focus on an initial public offering. What Happened: The acquisition, which would have been Google’s largest, was called off due to antitrust and investor concerns, according to a CNBC report on Monday. “Saying no to such humbling offers is tough,” Wiz co-founder Assaf Rappaport informed employees of the decision in a memo, emphasizing the company’s commitment to its pre-existing goals, including an IPO and reaching $1 billion in annual recurring revenue. The report cited a person familiar with the company’s thinking. The deal would have nearly doubled Wiz’s $12 billion valuation from its most recent funding round. The startup, founded in 2020, has …
Google’s $23B Acquisition Of Wiz Falls Through, Startup To Pursue IPO Instead: Report
Read More
Additional Prop Firms
Established in 2022, LeseUp Trading is a proprietary trading firm already starting to revolutionise the landscape for aspiring traders.
Purdia Capital have set out to revolutionise the world of online funding, bridging the gap between online funding bodies and real proprietary trading firms.
FlexyTrade is a new prop firm in the futures prop trading industry. Established in March 2024 and based in Sheridan, Wyoming, FlexyTrade has come to life at a time when the futures funding industry is booming and many prop firms are being founded.
Phoenix Trader Funding offers enticing features for aspiring traders, including adaptable account sizes, scaling plans, and a free trial. Their fixed drawdowns and daily transparency measures instill confidence in risk management.
NexGen Futures Trader is a new player in the proprietary trading space. Built by traders, for traders, NexGen Futures Trader empowers aspiring funded traders with a unique platform to participate in the rewarding world of futures trading.
Leeloo's Performance Based Trading and Contest, offer the potential for payouts. With an industry-leading education platform, Leeloo attracts retail traders worldwide with its sterling reputation and commitment to the welfare of its traders.
They use an efficient assessment procedure to identify which traders they will provide with a funded trading account, with capital ranging from $25,000 to $250,000.
BluSky Trading Company’s impressive performance has attracted increasing attention to the proprietary trading firm, with ever more traders recommending its funded futures program as one of the best on offer in the industry.