Private Equity 24-Hour Briefing

Last updated: March 15, 2026, 12:30 PM ET

Private Equity & Venture Capital

Index Ventures realized a record-setting exit as Google agreed to acquire cybersecurity firm Wiz for $32 billion, a deal Shardul Shah detailed as representing a 45x revenue multiple. The venture capital windfall underscores intense competitive pressures in cloud security and Google's strategy to accelerate growth beyond its core advertising business, marking its largest acquisition ever.