
Run the Numbers
Stripe rips, Plaid falls, and Wiz gets PAID... State of the Private Markets (March)
Mar 29, 2025
Dive into the ups and downs of the private tech markets with insights on Google's acquisition of Wiz and the debate over its valuation. Stripe's valuation is climbing back to pre-COVID levels, while Plaid faces a drop in the secondary market. Learn about Figma's rising growth and the hilariously controversial situation involving Rippling and Deel. Explore hiring trends and the bustling world of AI startups, plus a comical tale of corporate espionage that adds a twist to the tech industry tales!
11:37
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Quick takeaways
- Wiz's acquisition by Google for $32 billion illustrates the premium on high-growth tech companies amidst fluctuating market conditions.
- Contrasting workforce trends reveal rapid headcount growth in some tech firms while others, like Klarna, focus on efficiency through downsizing.
Deep dives
Current Trends in Tech Acquisitions
Recent trends indicate a significant surge in technology acquisitions, with numerous companies being acquired for substantial amounts. Notably, Wiz was acquired by Google for $32 billion, reflecting the ongoing demand for innovative tech solutions despite market volatility. Other significant deals included Ampere Computing's $6.5 billion acquisition by SoftPay and MoveWorks being purchased by ServiceNow for $2.9 billion. This trend suggests an infrastructure renaissance in the tech industry, moving away from the notion of a recession and towards a more optimistic outlook on future growth.
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