Is there lock-in for Wiz customers, besides the quality of the product? I understand the crazy revenue growth, fastest to 100m ARR, but surely this needs to saturate. Maybe half the fortune 500 use Wiz,but can you imagine 100% or even 80%? Who are their competitors?
Google to buy Wiz for $32B
491–500 of 951 posts
Re: Google to buy Wiz for $32B
#492Google has some amazing negotiating skills - paying 50% more for something they literally tried to get not even a year ago... (they tried to get it at 23 billing not even a year ago) https://news.ycombinator.com/item?id=41042034 That being said, Instagram and WhatsApp were expensive for Facebook and those ended up being a steal. Time will tell, as usual.
Yeah, but Instagram and WhatsApp have billions of users. Everybody has heard of them. Advertising on Instagram generates revenue. Wiz is a SaaS b2b startup. Even on a forum for startups most people haven't heard of them. Wiz reportedly has a revenue of 750m. It would take Google 30 years or more to break even on this deal. But like all bs startups Wiz will fade into irrelevancy 6 months after being acquired. Google i…
Nobody thought Instagram and WhatsApp were good acquisitions at the time.
Re: Google to buy Wiz for $32B
#493Re: Google to buy Wiz for $32B
#494[flagged]
More like: Kind of weird time doing business with Americans, given that they're exporting Nazism across the globe. Or rather, kind of weird to be identifying people with their governments, and to do this only for Jews.
Regarding the US I agree. One should not do business with Alphabet either and it would be proper to apply sanctions. This is the response I would have preferred from the EU, rather than some tariffs.
Israel does not represent the jews or judaism, and it is antisemitic to claim otherwise.
Re: Google to buy Wiz for $32B
#495Earlier quoted context omitted.
I find it hard to believe (or maybe I don’t want to believe) that this could ever happen? Even if Wiz has T&C’s that allow full access to clients’ data, and even if the T&C allow some sort of “use” of that data that includes training an LLM, surely you can’t release an AI trained on private information to the public? You can’t have Gemini spitting out internal/private/confidential information? Am I just naive?
na you're right this would be a dumb move with a huge blow back
It's only dumb if they get caught doing it. If they do it once and keep it quiet and then someone finds out 2 years later, it's going to be a footnote in history.
Re: Google to buy Wiz for $32B
#496Does this mean the Wiz app is now going to include free person category filters for their security cameras? Instead of constantly asking you to subscribe
Re: Google to buy Wiz for $32B
#497Rejecting a $23B offer to get $32B less than a year later doesn't sound half bad. https://www.theverge.com/2024/7/23/24204198/google-wiz-acqui...
Google's M&A team: Oops we switched the 2 and 3 on that offer document, let's fix it and try again.
Re: Google to buy Wiz for $32B
#498Google has some amazing negotiating skills - paying 50% more for something they literally tried to get not even a year ago... (they tried to get it at 23 billing not even a year ago) https://news.ycombinator.com/item?id=41042034 That being said, Instagram and WhatsApp were expensive for Facebook and those ended up being a steal. Time will tell, as usual.
Yeah, but Instagram and WhatsApp have billions of users. Everybody has heard of them. Advertising on Instagram generates revenue. Wiz is a SaaS b2b startup. Even on a forum for startups most people haven't heard of them. Wiz reportedly has a revenue of 750m. It would take Google 30 years or more to break even on this deal. But like all bs startups Wiz will fade into irrelevancy 6 months after being acquired. Google i…
Instagram was roughly 10 people when it got bought, had less than 30M users and $0 in revenue.
Re: Google to buy Wiz for $32B
#499This deal isn't about security, it's about data. Google already have one of the best security teams in the industry - Project Zero [0]. They don't need Wiz's "enterprise" expertise for security. This deal is about DATA. Wiz, as a cybersecurity vendor, have full remote access to their customers cloud compute storage (EC2 EBS volumes, etc) in the name of "security scanning" - this is actually part of their unique selli…
This is an incredibly stupid take on the deal.
This is an incredibly useless comment [0]
At least say why you think so and contribute to the conversation a bit.
[0] https://news.ycombinator.com/newsguidelines.html#comments
Re: Google to buy Wiz for $32B
#500Earlier quoted context omitted.
Thats the kind of a company everyone wants to build in enterprise security. Incognito unicorns. There are many companies like these in security space. Another company I can think of is Rubrik. All these large security companies under the radar success.
most people here are also in security and still haven't heard. It's more likely backroom kickbacks (and/or mossad) than invisible unicorn.
Bingo, a huge kickback to some "invisible" hands. They're probably already creating the new "unicorn" to sell to another FAANG company.