651–660 of 951 posts
Google already owns GCP. Wiz obviously built something that differentiates themselves and fills a need. I am sure they support GCP. If so, why would google not copy and develop this functionality themselves instead of buying them out? Among the wiz customers if they use GCP already then surely they will be willing to try the functionality of google builds it. If the customer doesn’t use GCP, chances are they wont mov…
This deal isn't about security, it's about data. Google already have one of the best security teams in the industry - Project Zero [0]. They don't need Wiz's "enterprise" expertise for security. This deal is about DATA. Wiz, as a cybersecurity vendor, have full remote access to their customers cloud compute storage (EC2 EBS volumes, etc) in the name of "security scanning" - this is actually part of their unique selli…
Anyone here heard of Lacework? Nope. Thought so. This could have been Lacework had Mike Speiser not let his hubris catch up with himself.
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> They're suave arsim (how else can you blend in Beirut or Tehran). To save others looking up what 'suave arsim' meant: 1. suave -- a normal English the word for charming/confident 2. "arsim" [1] -- apparently a former ethnic slur for Mizrahi Jews [2] now repurposed to mean crude, loud and brash (which sound to me like the equivalent of the British slang term 'chav'). [1] https://en.wikipedia.org/wiki/Ars_(slang) [2]…
It was a bad attempt at humor, but pretty much my point is there are a couple other cybersecurity/sigint specific units unrelated to Mossad. And "arsim" isn't as loaded a term anymore - everyone is mixed in Israel now because it's a melting pot. And saying "Mossad"-this/"Mossad"-that just feels like it's increasingly being used as a dogwhistle.
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…
Same fears we're very loud when Google bought YouTube. GOOG fell 15% because of that IIRC.
I remember 2005/2006 there were many websites competing for the video-website role, YouTube's luck was that...they were very permissive on uploads while competitors like Vimeo e.g. employed a reasonable amount of content moderators.
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Unless you're talking about some specific Wiz customer contracts, how do you know? AFAIK, there are no explicit laws forbidding that. Maybe you could share what law you think this would be breaking?
OP mentioned training AI on customer data GDPR, CCPA, HIPAA, etc, as Google has no way of knowing which data they will train on, add to that copyright and that's just off the top of my head cloud contract obligations are also pretty clear about customer data. furthermore it would be bad engineering and security if Wiz had actual direct access to customer data, versus having their code having access to said data. That…
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"Trust" screams insecurity. Security is in the direction of trustless rather than requiring trust. Do you trust companies which say front and center "you can trust us"? Wiz is a "security product"? Security isn't something you can buy and bolt on to your systems as an afterthought. It doesn't work like that!
I’m honestly not sure what your point, if any, is.
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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.
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…
Imagine you are a company, like Wiz, that is still growing fast. Sure, your valuation could be based on revenue today. But why would you sell if you're "worth" $12bn right now, but you'll be "worth" 32bn in a few years? Why give up the control? The only way for a company like Google to buy Wiz is to add a premium. Otherwise the company will just say "no". This literally happened to Figma as well. And there is a histo…
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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.