Live data from Hacker News

Okta to Acquire Auth0 for $6.5B

cnbc.com

241–250 of 326 posts

Re: Okta to Acquire Auth0 for $6.5B

#242

$6,500,000,000.00 for a company providing authentication APIs? Am I the only person left on earth that hasn't lost his mind?

I’m completely shocked by this as well. This is the most insane valuation I’ve seen in a while.

Have you ever heard of Snowflake?

Re: Okta to Acquire Auth0 for $6.5B

#243
post #155

Earlier quoted context omitted.

I'd think so, but in the US antitrust isn't really much of a thing. I wonder if they have grown large enough in Europe yet...

I'm curious why you think anti-trust isn't a thing in the US... What do you think of the break-up of Bell Systems? https://en.wikipedia.org/wiki/Breakup_of_the_Bell_System There are also active anti-trust investigations into Google and Facebook. https://www.cnn.com/2020/12/17/tech/google-antitrust-lawsuit... https://www.forbes.com/advisor/investing/facebook-antitrust-...

I think tpmx means antitrust isn't currently much of a thing in the US, and I agree. Today's antitrust environment is a far cry from even the days of Bell.

Re: Okta to Acquire Auth0 for $6.5B

#244
post #149

Earlier quoted context omitted.

The problem is that Google, FB, Microsoft and all the other "auth providers" are able to deliver a good and free auth service because it's subsidised by their other products. Whereas Okta, Auth0, etc. cannot, since that is their product. So they have to charge. Given network effects, a free auth system will always beat a paid one, except where the user is compelled to use it. (e.g. you want to use my SaaS product? Yo…

I am not sure about that. Thee same strengths that FAANG brings means that they don't have the intense focus that companies like Auth0/Okta/others bring. See how many people are complaining about Firebase and Cognito in other threads. Having the auth system be your primary revenue stream means you pay very close attention to it, whether that be marketing or engineering. If it is just a freebie/side offereing you add…

I’ve complained extensively about Firebase in other posts, but not about their Auth module which I think is by far the best offering in the portfolio of services. I’ve integrated it for a large enterprise customer through SAML and have had an extremely positive experience where everything just worked with about a morning of work, and I’ve not had to maintain it ever since. The client SDK is great in how it syncs auth states with the server.

My main complaint is that there is no ‘onLogin’ serverless functions hook, and how keeping additional user context through custom claims is not that straightforward.

And of course I’m pretty apprehensive about Google having the data, so best of luck to you all building OSS solutions.

Re: Okta to Acquire Auth0 for $6.5B

#245
We are building a cloud-native IAM over here https://github.com/caos/zitadel

It is written in Go and built around event sourcing for a great audit trail. We already support OIDC, Passwordless, RBAC and working on more features each day.

For those who want to run it on-prem we have a kubernetes operator ready in the next few weeks who also manages the database (cockroach).

We run our own service here https://zitadel.ch with a free tier as well

Feel free to engage with us on GitHub discussions.

Re: Okta to Acquire Auth0 for $6.5B

#247
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…

If you have enterprise level needs for a full customer identity solution, especially if your company activates in Europe, let me suggest you https://www.iwelcome.com/ (disclosure: I work here as an engineer): long history (founded in 2011), very reputable companies and institutions as long term clients, superb customer support, 0 security breaches, and the delegated user management solution we have is among the best in the industry, if not the best - I personally haven't seen anything like this, even though I tried Cognito and Auth0.

Re: Okta to Acquire Auth0 for $6.5B

#248
post #40

Earlier quoted context omitted.

Amazon/AWS and Google are big in the identity space too, so I think it makes sense that there's only room one real "third party" option.

Cognito and Firebase are bush league by comparison. They can do the basics well enough if you have the right integration engineers. Okta and Auth0 are light years ahead.

Cognito is a nightmare and many things are broken. I lost 3 weeks in Feb. on a project trying to get it to work and just integrated Auth0 in 2 days.

Re: Okta to Acquire Auth0 for $6.5B

#249
post #227

Earlier quoted context omitted.

I am not sure about that. Thee same strengths that FAANG brings means that they don't have the intense focus that companies like Auth0/Okta/others bring. See how many people are complaining about Firebase and Cognito in other threads. Having the auth system be your primary revenue stream means you pay very close attention to it, whether that be marketing or engineering. If it is just a freebie/side offereing you add…

Fair comment. However I don't see many web sites with a "sign in with FusionAuth" button, and I don't see any way to get such a button for my site. Not without paying anyway - which is really my whole point. Free will always win.

I'm just starting a new side project, and have looked at Keycloak and fusionauth. Fusionauth has a free offering (ie, self hosted), and takes a minute to install and run. I like it a lot and am going forward with it for testing.

You won't see a login with fusionauth button, you'll just see a login button on my website, which might give you Google, github,LinkedIn logins etc depending on what I choose.

Re: Okta to Acquire Auth0 for $6.5B

#250
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…

I was thinking very seriously about starting this company. There were some details I could never work out, and then Covid hit, so I didn't pursue it. My thoughts are: 1) One login per day per person is the maximum number of times I would ever consider asking for authentication. This is where OAuth fails; you visit an app that wants you to authenticate, but you don't get automatically logged in. You have to click at l…

I thought I was the only one to get offended every time I have to relogin lol. AWS is the absolute worst, logs me out every 5 minutes.

I have been fascinated about google's identity aware proxy design. We have adopted something similar at much smaller scale with kubernetes and sidecars, I can attest we're absolutely more productive.

Post reply on HN