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Google to buy Wiz for $32B

reuters.com

481–490 of 951 posts

Re: Google to buy Wiz for $32B

#481

Earlier quoted context omitted.

That is clearly a false equivalence though. Being born in a country is qualitatively different to working in a military unit requiring security clearance.

Perhaps the difference shrinks somewhat when the country you are born in has compulsory military service?

The difference does shrink, only to grow if one joins an elite unit that is highly selective. There has to be some enthusiasm involved, IMO.

Re: Google to buy Wiz for $32B

#482

Earlier quoted context omitted.

I sounds insane to me number wise too. Even growth stocks have about 5x the price to revenue.

> Even growth stocks have about 5x the price to revenue. A PE of 5 is not a growth stock - that’s the kind of PE you’d see on a barely surviving mid-cap in decline…. The combined PE of the S&P500 is in the low to mid 30s these days!

Revenue and earnings are separate things.

In fact price/revenue of sp500 is a disaster right now: 2.92.

That means that SP500 companies on average are worth 3 times their sales!

Re: Google to buy Wiz for $32B

#483
post #465
post #265

Earlier quoted context omitted.

I seriously suspect you don't know what's the Talpiot program

Why? It's a military academy program deeply integrated into the research and development of the IDF and israeli military industry. It's where you go if you're really bright and really loyal to the genocidal aspects of israeli society and want to spend six years devoted to that.

lol "genocidal aspects of israeli society"

recently i have been meeting more and more people whose entire vocabulary seem to be hyperboles and are only capable of black and white thinking

Re: Google to buy Wiz for $32B

#484

Earlier quoted context omitted.

Conflating the state of Israel with all Jewish people & implying all of have (a secret) allegiance to Israel, regardless of their citizenship is actual anti-Semitism. Correctly identifying folk who fought for Israel is not anti-Semitic in any way the allegiance at the time they served in an elite unit is clear to all.

You’re responding to an argument that I’m not making. I said there is a connection, which is true. Obviously not everyone living in Israel is Jewish, nor is everyone there a practicing Jew. But the founders’ purpose remains and is woven throughout society and its constitution. And people aren’t just “identifying folk.” This thread has devolved into a debate about Israel itself, which invariably happens when Israel is…

I am highlighting that the "connection" you mention is frequently used in bad faith by actual anti-semites, as well as the pro-Likud propagandists who suggest that any criticism of the government of Israel or its policies is antisemitism, as if the current government and Jewish people are interchangeable.

Re: Google to buy Wiz for $32B

#485

Earlier quoted context omitted.

Consider that AWS's entire operating income for 2024 was $40B. GCP is 1/5th the size. I admire your optimism, but I think it's unwarranted.

So why do you think Google is making this acquisition?

Wiz is a recognized leader in the CNAPP/DevSecOps market, and so they'd be naturally attractive to any cloud hyperscaler. Google had to either build or buy a similar solution to grow GCP; and they chose to buy. But $32B is an enormous hunk of cheddar, and I don't know why they felt compelled to pay that much. The ROI on such a large investment is unclear.

Re: Google to buy Wiz for $32B

#486
post #256

> 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…

[flagged]

I’ve been using Wiz for 2-3 years now and the product is

Re: Google to buy Wiz for $32B

#487
post #307

Earlier quoted context omitted.

[dead]

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 major…

It is antisemitic to claim that Israel represents the jews or judaism. The ties between zionism, which is a predominantly christian movement, and antisemitism have also always been quite close.

Why is it fine with you to annihilate the palestinians to make space for the rather antisemitic project to drive jews out of their homelands? The british antisemitic colonialists didn't care, of course, they just wanted the jews out of Europe. Same goes for evangelical christian zionists, that also commonly see it as a perk that muslims die, and don't consider the much older christian communities in Palestine to be real christians. Where do you come from when you join this pretty distasteful movement?

As for "diverse" in Israel, there's a lot of state persecution of minorities, on racial, ethnic as well as religious grounds. Political minorities are also persecuted, you might even get harassed by the state for putting likes on other people's defense of international law on social media, and politicians like Ofer Cassif are constantly harassed and threatened by attempts to bar him from the knesset.

As for "radical Islamists", the israeli establishment is rather cosy with the genocidal and very islamist regime in the UAE. They're also cosy with european fascists and antisemites, because their interests align with zionist ideology, for example expulsion of jews from Europe and the eradication of "weak" yiddisch speaking diaspora jews and related historical revisionism regarding the Holocaust.

Against this backdrop and the ongoing genocide and several occupations I find it surprising that a global corporation decides to invest in israeli business on the scale of tens of billions of dollars.

Re: Google to buy Wiz for $32B

#489
Just think: This company is 5 years old. That's just 1825 days, or 43800 hours, and they've created $32B of "value" in that time. That's an average rate of almost $750k/hour continuously. Incredible.

Re: Google to buy Wiz for $32B

#490

Earlier quoted context omitted.

Thats the kind of a company everyone wants to build in enterprise security. Incognito unicorns. There are many companies like these in security space. Another company I can think of is Rubrik. All these large security companies under the radar success.

most people here are also in security and still haven't heard. It's more likely backroom kickbacks (and/or mossad) than invisible unicorn.

If a security firm could blackmail Google, what would that look like?
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