{"author":"arkadiyt","children":[{"author":"altdataseller","children":[],"created_at":"2024-04-18T20:32:04.000Z","created_at_i":1713472324,"id":40080416,"options":[],"parent_id":40079333,"points":null,"story_id":40079333,"text":"Probably still too expensive if it's bleeding cash and was just throwing away $2 to buy $1 of revenue","title":null,"type":"comment","url":null},{"author":"theogravity","children":[{"author":"dilyevsky","children":[],"created_at":"2024-04-18T20:50:52.000Z","created_at_i":1713473452,"id":40080580,"options":[],"parent_id":40080567,"points":null,"story_id":40079333,"text":"They raised 1.9B apparently so even investors would lose a lot of money if such a deal closes. Employee/founder non-preferred equity doesn\u2019t get paid until all investors get paid","title":null,"type":"comment","url":null},{"author":"mavelikara","children":[],"created_at":"2024-04-19T00:17:21.000Z","created_at_i":1713485841,"id":40082125,"options":[],"parent_id":40080567,"points":null,"story_id":40079333,"text":"Yes, that is inevitable given this level of shrinkage in valuation.","title":null,"type":"comment","url":null}],"created_at":"2024-04-18T20:48:58.000Z","created_at_i":1713473338,"id":40080567,"options":[],"parent_id":40079333,"points":null,"story_id":40079333,"text":"Does that mean most employee equity in Lacework will be worthless due to the significant discount?","title":null,"type":"comment","url":null}],"created_at":"2024-04-18T18:38:11.000Z","created_at_i":1713465491,"id":40079333,"options":[],"parent_id":null,"points":25,"story_id":40079333,"text":null,"title":"Lacework, last valued at $8.3B, is in talks to sell for just $150M to $300M","type":"story","url":"https://techcrunch.com/2024/04/18/wiz-is-in-talks-to-buy-lacework-for-150-200m-security-firm-was-last-valued-at-8-3b/"}