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Wix's Market Struggles Amidst the SaaS Apocalypse

Wix's market cap stands at $2.8 billion with $2.1 billion in revenue, yet its core business is undervalued. CEO Avishai Abrahami faces immense pressure as the company invests over $200 million into Base44, which is rapidly growing its $150 million AR.

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zap Business & Entrepreneurship20VC with Harry Stebbings11:12

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