Snyk Scores Another $196M as Valuation Drops 12% to $7.4B
![Snyk Scores Another $196M as Valuation Drops 12% to $7.4B](https://d3wo5wojvuv7l.cloudfront.net/t_square_limited_480/images.spreaker.com/original/1530d0e642b06517a9893769a9381458.jpg)
Iscriviti gratuitamente
Ascolta questo episodio e molti altri. Goditi i migliori podcast su Spreaker!
Scarica e ascolta ovunque
Scarica i tuoi episodi preferiti e goditi l'ascolto, ovunque tu sia! Iscriviti o accedi ora per ascoltare offline.
Descrizione
Snyk hasn’t been afraid to take money over the years, scoring an ever larger investment haul with each passing round, and with each one has come a correspondingly large valuation...
mostra di piùThat previous round was $530 million with $300 million in primary funding and the remaining $230 million in secondary funding to pay off early investors and employees, anxious to see some return on their equity. The primary money came on an $8.5 billion valuation, $1.1 billion higher than today’s round.
Snyk CEO Peter McKay says getting the right terms were more essential than increasing the valuation, especially in the current market.
He says it was more important that we get the right terms than that I absolutely have to get to $8.6 billion. If the market is saying you’re at 7.4, then we’re at 7.4.
Informazioni
Autore | Africa Business Radio |
Sito | - |
Tag |
Copyright 2024 - Spreaker Inc. an iHeartMedia Company