241–250 of 288 posts
This is positive for Google. Spending $23bn on a company of that size was insane. Shareholders are probably relieved.
> Shareholders are probably relieved. Don't think so. Google has a relatively good track record for acquisitions. So I don't think they were really worried.
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.
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.
Earlier quoted context omitted.
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.
Earlier quoted context omitted.
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.
The actual spelling is "meteoric rise", so that might be why.
Earlier quoted context omitted.
Meteorites crash & burn, honestly, what is a "meteoritic rise"?
Fast enough to cash out at highly favorable and ambitious valuations while the ARR trajectory supports it. You’re selling potential, you don’t have to deliver; that’s the next team’s problem.
Hacker news: "you don't have to deliver. That's the next team's problem".
Apparently 350m isn't enough to prove potential.
Far more likely is Google was not willing to complete the deal and was pulling the plug after looking at internal data. Wiz, fearing the bad press of Google backing out rushes to tell journalists that THEY are walking away because they are worth more. Wiz's valuation is insane. Most people havent even heard of them. I think it was a > 60x ARR multiple on this deal. Id actually be kinda pissed if I was a google shareh…
> For Wiz, a $23 billion sale price was irresistible. Google would value the startup at 46 times the $500 million in annual recurring revenue it currently generates, a person familiar with the matter said.
https://www.wsj.com/tech/how-startup-wiz-went-from-zero-to-a...
I'm very curious about what due diligence found, but we aren't likely to get more info until we see their s-1
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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".
Earlier quoted context omitted.
Crowdstrike does endpoint security (user's PCs and servers too for checkbox ticking reasons). Wiz does cloud security. The same thing as Crowdstrike, but runs in your cloud environment (AWS/GCP/Azure) to detect issues there. Different customers, different profiles, different costs and prices.
I just don't see why that should have $23B market cap as opposed to $230M. A small team can challenge them with similar product.
At the very least I would expect to see a 5 billion market cap, and if their growth rate is good (4 year old company, seems to be) it should be higher than that
https://www.wsj.com/tech/how-startup-wiz-went-from-zero-to-a...