Hacker News Board Hacker News, browsed like a classic message board
Live data from Hacker News

Google to buy Wiz for $32B

reuters.com

Post reply on HN
Print view View original

511–520 of 951 posts

Re: Google to buy Wiz for $32B

#511

Post by kyawzazaw »

detourdog wrote: post #366
czk wrote: post #256

> Wiz has raised a total of $1.9 billion from a combination of venture capital funds and private investors > Wiz agreed to acquire Tel Aviv-based Raftt, a cloud-based developer collaboration platform, for $50 million in December 2023. In April 2024, the company acquired cloud detection and response startup, Gem Security, for around $350 million > Wiz was founded in January 2020 by Assaf Rappaport, Yinon Costica, Roy…

I never heard of them until they were purchased for $32 billion.

You didn't hear about them last time on HN, when it was $23 billion?

Re: Google to buy Wiz for $32B

#512

Post by buildsjets »

LgLasagnaModel wrote: post #14
CannoloBlahnik wrote: post #8

Nobody Beats the Wiz is great, but $32B is so much money.

Could have gotten a better deal for Crazy Eddie

The Craziest part about Eddie was his business plan. Steal from your own company for 10 years, take the company public, gradually reduce your stealing over the course of 5 years to show a rapidly increasing profit margin, sell company to a hedge fund and cash out the profit. Then, go to jail for 8 years.

https://www.financialpipeline.com/financial-scams-the-too-cr...

Re: Google to buy Wiz for $32B

#513

Post by alephnerd »

manquer wrote: post #505
debarshri wrote: post #461

Earlier quoted context omitted.

kickbacks, may be. I have seen the product. It is not so mossad-y. It fairly straight forward cloud, VM, kubernetes scans. Does it protect stuff? Somewhat. Is it the best product out there - no. Are CISOs happy? CSPM is mostly a checklist item in their bucket to things to do. It depends on what kind of security you are working in. Most of the people in CSPM, CNAPP world have heard their name. It is product built for…

> It is not so mossad-y. Would we (i.e. anyone not in the intelligence space) know how intelligence service-y software would look like ? . Aren't all such organizations trained and designed to be inconspicuous and in places we are unlikely to expect.

Mossad aren't the guys doing cyber ops in Israel. They're suave arsim (how else can you blend in Beirut or Tehran).

Also, if you've worked with Israeli government cybersecurity teams, they aren't much different in caliber from the kind you'd find at the NSA, GCHQ, or Netherlands.

Re: Google to buy Wiz for $32B

#514

Post by heraldgeezer »

1oooqooq wrote: post #449
debarshri wrote: post #441

Earlier 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.

[flagged]

Re: Google to buy Wiz for $32B

#516

Post by alephnerd »

heraldgeezer wrote: post #514
1oooqooq wrote: post #449

Earlier quoted context omitted.

most people here are also in security and still haven't heard. It's more likely backroom kickbacks (and/or mossad) than invisible unicorn.

[flagged]

It's for any country or heritage that isn't American or Northern European. A lot of really racist or xenophobic takes on HN.

Re: Google to buy Wiz for $32B

#518

Post by IncreasePosts »

coliveira wrote: post #266
czk wrote: post #256

> Wiz has raised a total of $1.9 billion from a combination of venture capital funds and private investors > Wiz agreed to acquire Tel Aviv-based Raftt, a cloud-based developer collaboration platform, for $50 million in December 2023. In April 2024, the company acquired cloud detection and response startup, Gem Security, for around $350 million > Wiz was founded in January 2020 by Assaf Rappaport, Yinon Costica, Roy…

These companies are the closest you can get to a legal mafia, they are effectively charging companies around the world to keep them "safe". In other words, a job that is traditionally considered to be a basic service of the government is now being privatized by people that nobody knows if we can really trust.

It would only be like the Mafia if they launched cyber attacks against your infra if you turned down their services.

Do you think that's what they do?

Re: Google to buy Wiz for $32B

#519

Post by danielmarkbruce »

petargyurov wrote: post #499
danielmarkbruce wrote: post #358

Earlier quoted context omitted.

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

The comment effectively says "wake up to yourself, this nonsense isn't welcome".

Some things are self evidently stupid, cynical and/or disingenuous to anyone with a modicum of intelligence and a cursory understanding of the field.

Use your hall monitoring energy to add value. The type of post I call out here reduces the value of the forum.

Re: Google to buy Wiz for $32B

#520

Post by HDThoreaun »

petargyurov wrote: post #499
danielmarkbruce wrote: post #358

Earlier quoted context omitted.

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

theres no need to wrestle with pigs
Post reply on HN