171–180 of 207 posts
Great company, bad name. Pretty sure the company name was chosen by a non-native English speaker since it's an Israeli company after all. Sort of like Wix... Wix also an Israeli company with an odd sounding name (although better then Wiz).
What's wrong with the name Wiz?
> See how the Wiz protects cloud environments from code to runtime.
So long as "everything" everybody runs is "in the cloud", huh?
Not even remotely true in the real world.
This would be the first time taxes are paid in a different currency in Israel history.
Pretty wild that it's such a large acquisition it can affect a nation's monetary policy.
Earlier quoted context omitted.
> will result in less competition The system working as intended. “Competition is for losers” - Peter Thiel
Thiel is an idiot
Competition is for losers, is a way to say to go and compete in a super crowded market where it is impossible to differentiate yourself is not going to make you a winner.
But usually people are called idiots because they don’t swallow the progressive propaganda wholesale.
Apparently Israeli media is reporting that the price is so high that the government is requesting the founders will pay their taxes in USD and not Israeli Shekels in fear that such a large foreign exchange transaction will affect the exchange rate. ( Which is already unusually low and hurting exporters) This would be the first time taxes are paid in a different currency in Israel history. Pretty wild that it's such a…
Congrats to to the Wiz team. Wiz is amazing. But, ugh, joining Google will result in less competition and all that entails. Not great for customers. It's a pity going public isn't worth it anymore.
> It's a pity going public isn't worth it anymore. Israeli VCs tend to be uninterested in IPOs in general - too much of an operational headache and it's difficult to exit a position quickly. In most cases an IPO isn't worth it for founders because an IPO means you lose operational control. It's basically the "Rich versus Kings" dichotomy [0]. Edit: can't reply > you can control the share allocations going into an IPO…
That's also true of an acquisition. Even more true of an acquisition, I'd say.
Joins the graveyard in 6 months tops
As a Wiz user, it is a a really good product and I can't say this for a lot of the security stuff that is out there.
And lastly: remember that Google is an advertising company with hobbies.
Earlier quoted context omitted.
Is this like Darktrace? Apparently the cybersec bigwigs at our company love it, but for me I have to write a detailed explaination why another 'incident report' the clueless cybersecurity guys keep bothering me with is actually nonsense.
Nope. Darktrace is crap verging on fraud. Wiz actually solves tangible CSPM and runtime issues.
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