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Cybersecurity Gold Rush: Booming Threats, Soaring Spend, and the Inevitable Startup Crunch
In a world where cyberattacks are the new black, cybersecurity startups are popping like popcorn at a movie marathon. But with the big dogs like Microsoft barking up the same tree, some might have to play ‘valuation limbo’—how low can they go?
Hot Take:
Well, well, well, if it isn't the ol' cybersecurity paradox: the world's a digital warzone, yet the cyber-guards are tripping over each other's firewall boots. With cyberattacks turning into the norm rather than the exception, you'd think cybersecurity startups would be raking in the dough like they're baking a money pie. But nope, it's a digital Hunger Games out here, and some of these startups might soon find their valuations in the bargain bin. Take Noname Security, for instance—once the belle of the cybersecurity ball with its billion-dollar valuation, now it might have to swipe right on lower expectations. Ouch.
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