When it comes to cybersecurity M&A, CrowdStrike CEO and cofounder George Kurtz follows a kind of Goldilocks rule, seeking startups in the “sweet spot.”
“There are some companies that are obviously richly-valued,” Kurtz told Fortune. “I think some of these companies don’t realize that they are starting to move into zombieland: You look at their last round valuation, and it might be great for them, but it’s expensive and it’s necessarily actionable for a lot of companies, even ours.”
