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Okta to Acquire Auth0 for $6.5B

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Re: Okta to Acquire Auth0 for $6.5B

#231
post #50

I 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…

Auth0 is such a joy to work with due to their simple processes and amazing documentation! I hope auth0 continues to do well.

Re: Okta to Acquire Auth0 for $6.5B

#232

There'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?

Office365 is larger and it was compromised. Onelogin was compromised and I had my secret keys stored in their vault. I spent all weekend rolling new keys.

Re: Okta to Acquire Auth0 for $6.5B

#233
post #48

Earlier quoted context omitted.

> What a great acquisition. Congrats to both teams! Great acquisition for those two, what about customers who always seem to lose when companies get acquired? The market now has less competition, people who were using Auth0 is eventually gonna have to modify their infrastructure because of this and things will become more unstable.

Bezos apparently said one that "Your margin is my opportunity". If this merger increases future profitability of new Okta, then you can argue there is a newer genuine market opportunity in authentication. The VC-backed industry is all about creating new opportunities (and by definition disrupting someone else's business), and recirculating investment money, improving our economy

> market opportunity in authentication.

As in any publicly traded company - there are 2 markets at play - capital markets, and the market for the actual products

> The VC-backed industry is all about creating new opportunities (and by definition disrupting someone else's business), and recirculating investment money, improving our economy

2 words I don't see in this sentence are 'product' and 'customer'

Re: Okta to Acquire Auth0 for $6.5B

#234
post #39

Earlier quoted context omitted.

Acquisitions don't happen exclusively because a company is buying out someone who is better than them. Sometimes they happen so a company can buy out someone so they won't have the chance to become better than them and a serious competitor.

And for those in the back that don't know, using that as a reason for an acquisition is illegal and considered anti-competitive practice, hence you'll never hear a company publicly state that reason.

but you will hear:

Sometimes they happen so a company can create synergies and improve the scope of their product offerings

Re: Okta to Acquire Auth0 for $6.5B

#235

Earlier quoted context omitted.

There are already true open source alternatives on the horizon such as https://github.com/ory It is about time for a new generation of identity systems in my opinion. This acquisition shows the risk of centralized, vendor locked-in services.

If you're looking for next generation of identity solutions? https://magic.link is what everyone would need, provides decentralised identity, fair pricing and no vendor lock-in. I love their startup pricing.

I wish I knew python. I would kill for the backend developer job they have open. I love IAM.

Re: Okta to Acquire Auth0 for $6.5B

#236
post #208

Earlier quoted context omitted.

> Also the pay was laughable compared to any of the other jobs I’ve had before or since. Really? I'm shocked to hear this considering their successful IPO. Most engineers in SV get options and I would imagine those engineering options would be worth a lot 12-months post IPO.

Also worked at Okta. Can confirm, pay is surprisingly shit.

Are the figures on Levels accurate? https://www.levels.fyi/company/Okta/salaries/Software-Engine...

Seems fairly par for the course?

Re: Okta to Acquire Auth0 for $6.5B

#237

Earlier quoted context omitted.

I wish keycloak has smaller memory footprint so I can cram it in a small vps together with other small webapps. Other than that it's excellent.

There's a Quarkus-based build of Keycloak called Keycloak.X that seems to significantly improve this: https://www.keycloak.org/2020/12/first-keycloak-x-release.ad...

Oh wow, I should try this version. Thanks!

Re: Okta to Acquire Auth0 for $6.5B

#238
post #50

I 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…

We are doing this at WorkOS. :) It's like Stripe for enterprise features, including SSO/SAML, Directory/SCIM, and more. https://workos.com/docs

Going to have to check this out tomorrow. Currently we offer SSO via Auth0; it works, but it feels messy and there’s errors I can’t seem to track down.

Re: Okta to Acquire Auth0 for $6.5B

#239
post #47
post #21

Earlier quoted context omitted.

I recommend SuperTokens https://supertokens.io/

> All other providers require an OAuth implementation even if you do not need SSO because of the way they’ve architected their solution. With SuperTokens, we’ve decoupled the functionality for different use cases, making it possible to only worry about the features you need. Eh? You’re either doing Oauth or you’re not? What have they decoupled?

For example, if you require email / password auth without SSO, then we do not use open ID connect or any of the oauth flows - because those are not needed in a simple setup.

Re: Okta to Acquire Auth0 for $6.5B

#240
post #50

I 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…

We are doing this at WorkOS. :) It's like Stripe for enterprise features, including SSO/SAML, Directory/SCIM, and more. https://workos.com/docs

We wanted to roll out SSO for our web app and used WorkOS.. we looked at Okta, Auth0 and others, but found the out-of-the-box nature of WorkOS really compelling. Aligned with flexibility and support for a wide-range of services, it made our life pretty easy. Recommend
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