Google Cloud Archives - Cloud City Ventures

Google Is Buying Wiz for $32B in cash. Why revenue multiples are not the right metric to evaluate deal value.

Congratulations to the Wiz team on the announcement today that Google is acquiring Wiz for $32B in cash. I was impressed that this deal didn’t leak until 24 hours before the news was official and for those of you that are in the cloud security space and have been following Wiz, there has been no…

Public Cloud Marketplaces : Cloud Shadow Procurement Is Becoming Mainstream

February 12, 2018Matthew ScottAmazon Web Services, Cloud Pricing Strategy, Google Cloud, ISVs, Microsoft Azure, Public Cloudpublic cloud marketplaces, shadow it, shadow procurement

I joined Amazon Web Services (AWS) in 2010. AWS in those days was a much smaller business compared to the $20B+ run rate business that it is now. One common objection my sales team would receive was that many corporate IT teams didn’t want to buy their IT services “from a bookseller.” These potential clients…