Hm, I now cannot find the other thread which had 40 some comments (but also linked to the corporate press release).
Okta to Acquire Auth0 for $6.5B
71–80 of 326 posts
Re: Okta to Acquire Auth0 for $6.5B
#72Hm, I now cannot find the other thread which had 40 some comments (but also linked to the corporate press release).
Merge in progress. Please stand by!
Edit: Merge completed. Please resume reading!
Re: Okta to Acquire Auth0 for $6.5B
#73If anyone's looking for an Auth0 alternative, come check out WorkOS!
It's like Stripe for enterprise features, including SSO/SAML, Directory/SCIM, and more.
(I'm the founder.)
Edit: Here’s our launch last year: https://news.ycombinator.com/item?id=22607402
Re: Okta to Acquire Auth0 for $6.5B
#74Earlier quoted context omitted.
Wouldn’t 1 be Microsoft?
They're not really doing the same thing but you're probably correct that most customers are just relying on AD. I can easily imagine MS beefing up their identity offering to be more on par with Okta.
We replaced Okta with Azure AD. AAD had better OIDC and SCIM support along with being _significantly_ less expensive -- plus we had to use it anyways due to M365/Azure, so Okta offered no value.
Re: Okta to Acquire Auth0 for $6.5B
#75I hope this gives rise to another, smaller viable party outside of Amazon, Google, and Microsoft. Perhaps I'm jaded, perhaps hopelessly biased - but I can only see this as a net negative. Okta's open source packages receive a pitiful amount of attention (for example: https://github.com/okta/okta-oidc-js/issues?q=is%3Aissue+is%... ) with forks almost becoming a requirement. Auth0 by contrast has been "on the ball" for…
Have you heard of https://fusionauth.io/ ? I'm not a user of the product, but I know some of the folks behind it. Might be time for them to shine here.
Re: Okta to Acquire Auth0 for $6.5B
#76Wow. These guys were basically 1 and 2 when it comes to enterprise auth/CIAM. It's great news for the businesses, but will likely only decrease competition in the marketplace. There's a ton of second tier competitors out there with plausible offerings who are probably going to start consolidating to stay alive.
> It's great news for the businesses,
I assume you mean they'll be able to get monopolistic rents now?
The other alternative is that Auth0 customers will be forced into Okta plans and migrate to other platforms. It's happened before with other mergers.
Disclosure: I work for a competitor.
Re: Okta to Acquire Auth0 for $6.5B
#77There's something about Okta that just scares me. If Okta is ever compromised, so are the thousands of companies that rely on it for IdP. How do companies mitigate this risk? Or do they?
If Okta is ever compromised, they have a team of people working 24 hours a day to deal with it as quickly as possible. And, of course, to prevent it from happening. When it comes to security, it's often a pretty good idea to put all of your eggs in one basket, and then make sure it's a really, really good basket. Unless you're certain you can make a better basket yourself -- and when it comes to auth, there are a lot…
I've heard the exact opposite for security: defense-in-depth. For example, IdP with Okta and 2FA with Duo. This seems much better to me.
Re: Okta to Acquire Auth0 for $6.5B
#78Earlier quoted context omitted.
If Okta is ever compromised, they have a team of people working 24 hours a day to deal with it as quickly as possible. And, of course, to prevent it from happening. When it comes to security, it's often a pretty good idea to put all of your eggs in one basket, and then make sure it's a really, really good basket. Unless you're certain you can make a better basket yourself -- and when it comes to auth, there are a lot…
You are arguing from the perspective of a single company, while the parent is arguing from an ecosystem perspective. Sure, for a single customer it's good to have a widely used product with a big ops and security response team. But if so many companies use a single provider, the fallout of a compromise also becomes much larger. This makes attacking the system more appealing and attracts more sophisticated adversaries…
Monocultures are more efficient, until they aren't.
Re: Okta to Acquire Auth0 for $6.5B
#79I hope this gives rise to another, smaller viable party outside of Amazon, Google, and Microsoft. Perhaps I'm jaded, perhaps hopelessly biased - but I can only see this as a net negative. Okta's open source packages receive a pitiful amount of attention (for example: https://github.com/okta/okta-oidc-js/issues?q=is%3Aissue+is%... ) with forks almost becoming a requirement. Auth0 by contrast has been "on the ball" for…
How will market consolidation lead to a smaller viable alternative?
Re: Okta to Acquire Auth0 for $6.5B
#80another crazy valuation