Google to buy Wiz for $32B

Post by bfeynman » Tue, Mar 18, 2025, 10:15 PM UTC

jopsen wrote: post #541

Thorrez wrote: post #59

Earlier quoted context omitted.

>and security (post the Mandiant acquisition) As a Googler who works in GCP security, security has been a key differentiator for GCP long before the Mandiant acquisition. Google invented BeyondCorp (a primary driver of Zero Trust). Google helped create security keys (U2F, FIDO, Webauthn), and was I think the first major company to adopt them, both for employees, and for consumers. Google was one of the first major co…

Having previously used AWS, I would also say that GCP IAM is much better. Yes, it's a lot less flexible than AWS IAM, but complicated IAM policies with conditions and stuff can be really hard to reason about. Disclosure: my thoughts are my own.

Post by hluska » Tue, Mar 18, 2025, 10:24 PM UTC

1oooqooq wrote: post #449

debarshri wrote: post #441

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.

Post by rockskon » Tue, Mar 18, 2025, 10:30 PM UTC

debarshri wrote: post #586

jdgoesmarching wrote: post #530

Earlier quoted context omitted.

Security is a big field. I’m in the CSPM space and Wiz is a major player here, I actually had a bit of an existential crisis about what we were building when I first saw a demo of their platform. Most of their competitors, like Palo Alto, have a very convoluted offering from gluing together several acquisitions. Wiz is very cohesive with a much nicer API and great UX, which is very underrated in the security space im…

CSPM is very crowded space. There are quite some new and emerging providers. Wiz out of the scene opens up new opportunities.

Post by hluska » Tue, Mar 18, 2025, 10:32 PM UTC

almosthere wrote: post #593

ryanSrich wrote: post #539

Earlier quoted context omitted.

This is wild to me. As someone in security, Wiz is definitely one of the whales.

Same here, I guess it's the circles you run. I just went to their homepage and I have no idea what they do. I already have CI/CD, code, etc.. "securing" it seems like, use aws secret stores? In other words, their webpage is not telling me anything. Companies like these, always feel like instead of having a useful product, they hired useful networks of people to "spread the word" and sell sell sell to your network. Ap…

Post by asdfman123 » Tue, Mar 18, 2025, 10:35 PM UTC

debarshri wrote: post #463

dinobones wrote: post #433

This makes no sense. Assume 1,000 customers each generating $2m in ARR with contracts. That’s $2 billion. Assume generous 6x ARR valuation, that’s $12 billion. Where is this $20 billion premium coming from? How could the board approve this? How is this fair to shareholders? Heck, as a minor shareholder in GOOG, I don’t find this financially responsible at all. I can’t help but think sometimes these tech acquisitions…

It is one of the fastest growing companies in the cybersecurity space. 6x ARR is quite low for that. 15x is a great deal for Google. I think Wiz accepted 15x because it is all-cash. The rate at which they are still growing, a series C/D company would dream of. [1] https://www.wiz.io/blog/100m-arr-in-18-months-wiz-becomes-th...