Stock is down, definitely overpaid
the entire market is down today, tech especially
Google to buy Wiz for $32B
381–390 of 951 posts
Re: Google to buy Wiz for $32B
#382Re: Google to buy Wiz for $32B
#383Earlier quoted context omitted.
Growing up in the NYC area this is what I think of when someone says the wiz https://en.wikipedia.org/wiki/The_Wiz_(store)
I have 'wiz' lights in my place - home-networked lighting system. Which works. Well. For me....so glad g hasn't acquired them.
I also thought at first that G acquired the budget smart bulb company but then I realized it’s “WiZ” and not “Wiz”.
Re: Google to buy Wiz for $32B
#384Re: Google to buy Wiz for $32B
#385In a recent interview , one of the founders claimed that one of Wiz smart moves was using a graph database for mapping cloud resources and their relations, while perhaps all other competitors used SQL or NoSQL.
It helped them “get to the point” quicker and “cleaner”.
Re: Google to buy Wiz for $32B
#386Earlier quoted context omitted.
You are saying this as if the founder is a normal civilian. The guy served in unit 8200 and 81 around the beginning of the 2000s(Second Intifada, first g a z a war, if not more), and overstayed his mandatory service. This isn't a normal company, just like every Israeli security "startup" with founders coming from idf intelligence units. Even ignoring this, 32b for such a company just doesn't make sense.
Of course the founder is a normal civilian. Israel has mandatory conscription so you'd expect any normal civilian to also have served in the IDF at some point. It might sound weird to people from the US and many other western nations. Most people there aren't concerned with serving in the military - they either leave it to working class folks to serve, or they don't really have any neighboring enemies. The Israelis a…
Even if we took mandatory service as an excuse to serve for an occupation army, the guy overstayed his mandatory service, he chose to continue working in that intelligence unit.
Re: Google to buy Wiz for $32B
#387Earlier quoted context omitted.
The difference doesn't matter for the purpose of this thread. The comment was crude, inappropriate, and unnecessarily political.
If they were founded by al-Qaeda then you'd also mention them being terrorists, no?
Nobody was talking about terrorism.
Re: Google to buy Wiz for $32B
#388> 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.
There are other CNAPP solutions. If you do an evaluation you will see why WIZ comes out on top.
Re: Google to buy Wiz for $32B
#389Earlier quoted context omitted.
More like: Kind of weird time doing business with Americans, given that they're exporting Nazism across the globe. Or rather, kind of weird to be identifying people with their governments, and to do this only for Jews.
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Israel is more ethnically diverse than almost every country in Europe[1], what are you talking about?
Regardless, do you want us to think that it's fine for the Poles to have Poland, the English to have England, the Castilians/Basques/Catalans/etc to have Spain, etc, but it's somehow wrong for the Jews to have a country?
Would you have preferred they remained scattered across the globe to be at the whims of the majority Christian and Muslim populations in other countries? Historically that arrangement always ended up very badly for the Jews. I'm old enough to remember a time when western leftists saw eye to eye with the Jews about this, rather than take the side of fundamentalist dictatorships and radical Islamists.
I wouldn't be surprised if you consider yourself a progressive, but the comments you posted on this thread clearly show your biases and bigotry. Be better.
[1]: https://en.wikipedia.org/wiki/List_of_countries_by_ethnic_an...
Re: Google to buy Wiz for $32B
#390Imho, and as a xoogler who's been in Google Cloud's ecosystem the past few years, Google Cloud's three big focus areas have been AI (this is an evolution from their historical focus on data, then also analytics), Distributed Cloud (Anthos++) and security (post the Mandiant acquisition). They'll never be able to compete on base infra, given their late entry into the game, lack of presence in certain markets, and the l…
I can't help feel like this will be rolled into GCP and quickly lose support for Azure and AWS and then just die. That's a lot of money to spend to kill off a business.
I don't think that makes much sense in business. They want to move customers from competitors and as an underdog you need to provide some migration path. You don't get these kind of system integration freely. Provide your service in competitors to smooth their transition path but keep the latest and best features in GCP. This was the idea of k8s.