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Google-Wiz deal fizzles out, company will pursue IPO

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Re: Google-Wiz deal fizzles out, company will pursue IPO

#231

Post by 6th »

jazzyjackson wrote: post #228
6th wrote: post #223

Earlier quoted context omitted.

Meteorites crash & burn, honestly, what is a "meteoritic rise"?

meteorites shine briefly, swiftly, and suddenly so i guess as an adverb it relates to how quickly the rise is happening and how hot/bright it burns

Not even knowing about Wix until today, I had no idea what to make of it, I wasn't trying to be snarky with that comment.

I was actually interested to know what they meant because it sounds like saying: "let's take a walk down to the top of the highest mountain".

Re: Google-Wiz deal fizzles out, company will pursue IPO

#232

Post by forrestthewoods »

dingaling wrote: post #173
heraldgeezer wrote: post #154

Earlier quoted context omitted.

Crowdstrike is enterprise only. Do you know of Active Directory? Most have no idea, even though it is a Windows Server feature from 2000. Some will live a life and even work not knowing.

AD is fairly well known due to its relationship with LDAP and Kerberos. Samba can act as an AD DC.

I don't know what Active Directory, LDAP, Kerberos, or AD DC are. I've at least heard of Active Directory though! The programming industry is vast. I've never touched webdev so I don't know countless things that most programmers know.

Re: Google-Wiz deal fizzles out, company will pursue IPO

#233

Post by fkyoureadthedoc »

6th wrote: post #223
sailingparrot wrote: post #202

Earlier quoted context omitted.

Valuations have always been more about potential than about current state in startup world. Wiz is 4 years old and already at $350M ARR, that's a meteoritic rise.

Meteorites crash & burn, honestly, what is a "meteoritic rise"?

Not understanding an idiom is something you should just discuss with ChatGPT, it'll set you straight, show you the ropes, right your ship, and whatnot.

Re: Google-Wiz deal fizzles out, company will pursue IPO

#234

Post by linearrust »

nothrowaways wrote: post #27

23B is a staggering number for a 4 year old cyber security startup with 900 employees

It isn't unheard of in the tech world. WhatsApp sold itself for $19 billion in 5 years. A lot of people thought it was outrageous when facebook bought whatsapp for $19 billion. Today, everyone views it as a great investment.

Re: Google-Wiz deal fizzles out, company will pursue IPO

#236

Post by throwaway2037 »

Centigonal wrote: post #13

Founded in 2020, with a $23B valuation, aiming for $1B ARR? CloudFlare is worth $26B and had ~$1.3B revenue last year. Something's fishy here.

You raise an important point. To me, pre-IPO "valuation" is mostly VC bullshit. Remember WeWork's pre-IPO valuations??? Jan 2019: 47B USD! What really matters: Post-IPO market cap, as long as there is significant float. (See VinFast IPO with a ridiculously small float.)

Re: Google-Wiz deal fizzles out, company will pursue IPO

#237

Post by linearrust »

underdeserver wrote: post #128
chii wrote: post #28

Earlier quoted context omitted.

> Sometimes it's not about the money it's always about the money.

Well, Wiz's founders reportedly made $10-$30 million each on the Adallom sale. It might be about the money but it's not like they need it.

> it's not like they need it.

The love of money isn't driven by need. It's driven by want.

Re: Google-Wiz deal fizzles out, company will pursue IPO

#238

Post by 6th »

fkyoureadthedoc wrote: post #233
6th wrote: post #223

Earlier quoted context omitted.

Meteorites crash & burn, honestly, what is a "meteoritic rise"?

Not understanding an idiom is something you should just discuss with ChatGPT, it'll set you straight, show you the ropes, right your ship, and whatnot.

I very much doubt that. This as a phase doesn't even seem to exist online till today, even much less as an idiom, telling me the equivalent of "just google" for someone specific's thinking is entirely unhelpful.

I wasn't interested in what ChatGPT can hallucinate or even output. I was after Voloskaya's context, Voloskaya would be the one to provide this insight, which is who I chose to ask for that.

Re: Google-Wiz deal fizzles out, company will pursue IPO

#239

Post by cactusplant7374 »

6th wrote: post #238
fkyoureadthedoc wrote: post #233

Earlier quoted context omitted.

Not understanding an idiom is something you should just discuss with ChatGPT, it'll set you straight, show you the ropes, right your ship, and whatnot.

I very much doubt that. This as a phase doesn't even seem to exist online till today, even much less as an idiom, telling me the equivalent of "just google" for someone specific's thinking is entirely unhelpful. I wasn't interested in what ChatGPT can hallucinate or even output. I was after Voloskaya's context, Voloskaya would be the one to provide this insight, which is who I chose to ask for that.

I have seen “meteoritic rise” many times.

Re: Google-Wiz deal fizzles out, company will pursue IPO

#240

Post by hello_moto »

teractiveodular wrote: post #61
ssl-3 wrote: post #34

I feel like I am uninformed. Can someone provide some background? Who in the fuck is Wiz, and why in the fuck might anyone think that they're worth 11 figures?

Instead of old-school installing agents to run on your VMs Crowdstrike style, with all the maintenance, performance and crash-the-world risks that entails, with Wiz you can clone your EBS volumes and examine them for vulnerabilities at your leisure. It's a neat party trick, but I'm also not convinced it's worth 11 figures.

> with Wiz you can clone your EBS volumes and examine them for vulnerabilities at your leisure. It's a neat party trick,

wouldn't that constitute forensics instead of EDR?

meaning that they can't catch attack immediately?

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