TechCrunch Industry News How a $6M bet on Wiz turned into a massive 200x return for one early backer
Mar 24, 2025
Dive into the extraordinary world of cybersecurity investments as Wiz's acquisition by Alphabet leads to staggering financial wins. Discover how early backers, particularly CyberStarts, turned a modest $6.4 million stake into a jaw-dropping $1.42 billion gain. Sequoia capital also revels in massive returns, pocketing $3 billion from its investment. The discussion highlights the booming potential of cybersecurity startups and the lucrative rewards awaiting savvy investors in today's tech landscape.
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Wiz Acquisition
- Wiz, a cybersecurity startup, is being acquired by Google for $32 billion.
- This acquisition represents a massive return for early investors like Sequoia and CyberStarts.
CyberStarts' Investment
- CyberStarts, an early investor in Wiz, made a $6.4 million seed investment.
- That investment has yielded a 222x return, totaling $1.42 billion after secondary sales.
Fund One Success
- CyberStarts' success with their first fund demonstrates the potential of early-stage investing.
- This fund's performance highlights that Fund One can yield substantial returns for limited partners.