Live data from Hacker News

Google closes deal to acquire Wiz

wiz.io

161–170 of 207 posts

Re: Google closes deal to acquire Wiz

#161

Earlier quoted context omitted.

It makes me think of the 1978 movie "The Wiz" starring Diana Ross, Michael Jackson, and Richard Pryor. Despite the big stars, it isn't generally regarded as a very good movie. Maybe updating "The Wizard of Oz" with disco music wasn't a good idea after all.

That movie was based on the stage musical, FWIW.

I actually like the concept behind it. It just doesn't have "this is going to be a success" vibes.

Re: Google closes deal to acquire Wiz

#162

FYI, Wiz investor and current Wiz board member Gili Raanan, head of Israeli VC Cyberstarts, has been (credibly) accused of paying bribes to major CISOs for buying software from their portfolio companies like Wiz. Calcalist did a deep investigation into it: https://www.calcalistech.com/ctechnews/article/b1a1jn00hc

[flagged]

Israel garnered a reputation for giving safe harbor to legally spurious businesses like NSO Group.

Re: Google closes deal to acquire Wiz

#163

FYI, Wiz investor and current Wiz board member Gili Raanan, head of Israeli VC Cyberstarts, has been (credibly) accused of paying bribes to major CISOs for buying software from their portfolio companies like Wiz. Calcalist did a deep investigation into it: https://www.calcalistech.com/ctechnews/article/b1a1jn00hc

This is well known in cybersecurity circles. I mentioned here[1] a couple years back that I know CISOs who've had to clean up big messes because their predecessor was on the Cyberstarts payroll, but on the bright side I also know a couple of those predecessors who were fired for it.

Cyberstarts is the most blatant offender, but to be fair, VC has turned into the next rung on the career ladder for CIOs/CISOs, whose role is otherwise generally terminal (unlike e.g. COO or CMO). So a lot of deals get done now just on giving CISOs a path into VC. It's more subtle than Gili's way, and just as effective.

1. https://news.ycombinator.com/item?id=40487846

Re: Google closes deal to acquire Wiz

#164

FYI, Wiz investor and current Wiz board member Gili Raanan, head of Israeli VC Cyberstarts, has been (credibly) accused of paying bribes to major CISOs for buying software from their portfolio companies like Wiz. Calcalist did a deep investigation into it: https://www.calcalistech.com/ctechnews/article/b1a1jn00hc

[flagged]

Israeli isn’t an ethnicity, it’s a nationality. Conflating the two doesn’t do anybody any favors.

Re: Google closes deal to acquire Wiz

#165

Earlier quoted context omitted.

[flagged]

Mostly due to genocide

Israel is not an ethnicity. They still have 25% Arab Israelis- a leftover from the days when the founders were still building a secular European style country.

They treat them as second class ofcourse. And it is essentially a manageable minority- they are politically sidelined in the Knesset.

Re: Google closes deal to acquire Wiz

#166

This isn't a new observation [0] but this means Google will now have two Wizes, since Wiz is also the name of their internal web framework [1]. [0] https://news.ycombinator.com/item?id=43399077 [1] https://news.ycombinator.com/item?id=41092039

Which is basically a way to do React without it being React

Re: Google closes deal to acquire Wiz

#168

FYI, Wiz investor and current Wiz board member Gili Raanan, head of Israeli VC Cyberstarts, has been (credibly) accused of paying bribes to major CISOs for buying software from their portfolio companies like Wiz. Calcalist did a deep investigation into it: https://www.calcalistech.com/ctechnews/article/b1a1jn00hc

Not a lawyer but this looks like a grey area and since it's public it can be assumed everyone is trying to do it. I worked for F500 and one of the VPs was pushing some IT vendor solution that didn't really fit, after so much implementation pains and half working product release the said VP left the company... To become a board member of that IT vendor.

Re: Google closes deal to acquire Wiz

#169

Interesting fact regarding the sale. Because the founders are about to receive $2.4B US, Israeli tax authorities got involved, and the tax on the sale as an exception will be paid in US dollars directly without converting to shekels due to concerns it might crash the US/NIS exchange rate (with $US already historically low).

Interesting, where did you hear about this?

https://www.calcalistech.com/ctechnews/article/hjggcekq11g

Re: Google closes deal to acquire Wiz

#170

FYI, Wiz investor and current Wiz board member Gili Raanan, head of Israeli VC Cyberstarts, has been (credibly) accused of paying bribes to major CISOs for buying software from their portfolio companies like Wiz. Calcalist did a deep investigation into it: https://www.calcalistech.com/ctechnews/article/b1a1jn00hc

[flagged]

Sam Altman is Jewish, but he isn’t Israeli.
Post reply on HN