Nikesh Arora, who advised against WeWork deal at SoftBank, says cash doesn't always win.
"Money in the right hands and right founders, right potential long-term platforms works," Arora said. "But it doesn't work willy-nilly on every pet walking and hotel room renting website."
Arora served as chief business officer at Google prior to becoming president and operating chief of SoftBank in 2014. He left abruptly two years later, amid criticism from investors about his performance.of cybersecurity vendor Palo Alto Networks. The company's stock price is up about 8% since he joined, underperforming the S&P 500, which has gained 12%.Arora said this is the first time he's worked at an enterprise company and highlighted the fragmented nature of the cyber market.
"Cybersecurity is a $140 billion industry in revenue on an annualized basis," he said. At about $3 billion in sales, "we're the largest player," alongside
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