“In the M&A game, rumors are currency. We accept that, and my general response is to ignore them. But what I’ve seen over the past few weeks from a company called Action1 goes far beyond anything I’ve ever experienced in my career, and I feel compelled to set the record straight,” Talpaz wrote in a LinkedIn post.
“CrowdStrike had one, 45-minute group conversation following RSA with Action1. Not one single senior member of the CrowdStrike team was a part of this conversation — me included. Action1 signed no NDA. We did not receive a single diligence item of any kind and disengaged after a surface level conversation,” he wrote.
“Nearly three months later, false reports of an offer and process emerged in the press, driven by a ‘leaked’ email with outrageous claims, including a valuation that was never discussed and an M&A process that never happened. This behavior destroys trust and undermines the credibility of our industry,” Talpaz concluded.
His post was “liked” by CrowdStrike colleagues, including the company’s corporate communications leader.
