Option A: Acquire E2B.dev (Recommended)
- Upfront Investment: $350M
- Time to Market: 6-12 months
- Expected IRR: 22%
- Weighted Score: 7.8/10
Advantages: Immediate market leadership, proven technology, talent acquisition, competitive moat. Disadvantages: Integration risk, key person risk, valuation premium.
Option B: Build Internally
- Investment: $80-120M
- Time to Market: 24-36 months
- Expected IRR: 8-12%
- Weighted Score: 5.2/10
Disadvantages: Time-to-market lag cedes market to competitors. F5 has no track record in sandbox technology.
Option C: Strategic Partnership
- Investment: $15-25M/year
- Time to Market: 3-6 months
- Expected IRR: 15-18%
- Weighted Score: 6.1/10
Disadvantages: No proprietary moat, dependency on partner, limited upside.