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Google to buy Wiz for $32B

reuters.com

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Re: Google to buy Wiz for $32B

#751

Post by guappa »

shilgapira wrote: post #209
blackhawkC17 wrote: post #173

Earlier quoted context omitted.

A dumb conspiracy theory. Israel has mandatory conscription (barring some cases), and many of the smart ones are recruited into Unit 8200. It's not surprising that they go on to start cyber companies once conscription ends, given that's a major focus of the Unit.

"But Chomsky said so!"

So you think they shouldn't be trusted because they have ties with a foreign nation or they should be trusted because their foreign nation is really a puppet state of your nation?

It's unclear to me what you're thinking besides the wish to troll.

Re: Google to buy Wiz for $32B

#752

Post by fuzztester »

fuzztester wrote: post #588
belter wrote: post #546

Earlier quoted context omitted.

It does not make sense. In 2024 Wiz had 10.7% market share. Revenue in the 1,5 to 1,7 Billion but they were not profitable in 2023. Become profitable in 2024 meaning costs are very high. Also looks like Google is desperate for growth in Cloud and they need to do something . They are paying as much money as their whole Google Cloud revenue in 2023. Revenue multiple is like 40x times revenue for Wiz. Exceptionally high…

>It does not make sense actually, it makes perfect sense. it's just that you (and I) don't have the right perspective. these giantcos are sitting on Himalayan ranges worth of cash, which is burning a fiery hole in their butts, and they don't know what to do with it. and they have more cash than sense, even though they always brag about having some of the smartest people in the world, and also have FOMO (to competitor…

>that's what I said, FOMO.

wow, faaak. I wrote my above comment off the cuff, although based on my intuition and common sense, but just now thought of googling FOMO, to check what Wikipedia says about it, and it seems they agree with me:

https://en.m.wikipedia.org/wiki/Fear_of_missing_out

relevant excerpt, from near the top of the above page (emphasis mine):

>FOMO can also affect businesses. Hype and trends can lead business leaders to invest based on perceptions of what others are doing, rather than their own business strategy.[19] This is also the idea of the bandwagon effect, where one individual may see another person or people do something and they begin to think it must be important because everyone is doing it. They might not even understand the meaning behind it, and they may not totally agree with it. Nevertheless, they are still going to participate because they don't want to be left out.[20]

leaders, huh? more like followers, aka sheep. include me out.

Re: Google to buy Wiz for $32B

#753

Post by megous »

marcus0x62 wrote: post #622
megous wrote: post #606

Earlier quoted context omitted.

All of this "VPN" access software is pretty disgusting, from the perspective of the "VPN" "client". Absolutely untrustworthy bloated spying crap. I boycot it every time I can just for this.

Wiz does many things. VPN, by any definition, is not one of them.

Where do you see Wiz in the above list of products in the post I'm responding to?

In any case, as for wiz..., if companies want to stuff their secrets into a proprietary product that is controlled by intelligence officers of a hostile (as in a lack of respect for international law) foreign country, I don't care. I know I would not.

Re: Google to buy Wiz for $32B

#754

Post by dvrj101 »

Nimitz14 wrote: post #685
Izikiel43 wrote: post #589

Earlier quoted context omitted.

I'm guessing you would be the same guy who wouldn't torrent millions of books and copyrighted works to train your LLM. Zuck can afford not to care about that pesky detail You are not naive, you are not considering that at certain scales, your concerns are the cost of doing business.

Not the same thing at all. Corporations care about their data a lot and would cancel deals over this. Noone cares if some authors get upset, they have no leverage. Disappointing how people will make confident statements while being so clearly clueless.

> Corporations care about their data a lot and would cancel deals over this. Since you have mentioned "a lot" share few examples, pls.

Re: Google to buy Wiz for $32B

#755

Post by Protostome »

cess11 wrote: post #192
Protostome wrote: post #175

Earlier quoted context omitted.

Yes, the world is a very simple, non-complex system. People can be either child killing monsters or complete saints.

Ami Luttwak apparently liked the first category enough to become a Talpiot program graduate and hence deepen his ties to it.

I struggle to see the issue here. Your perspective remains extremely polarized, regardless of the individual involved. You fail to grasp the conflict’s complexity and, as a result, demonize everyone associated with it. Just because someone joins the Israeli army doesn’t mean they endorse every action taken by Israel;

They enlist because they understand that, Israel being such a small country won't exist without an army. Now you may not care, or even endorse such a development. But you can't blame someone who lived there all their lives and has families and friends all over the country to think and act the same.

Re: Google to buy Wiz for $32B

#756

Post by csomar »

ryanSrich wrote: post #724
tptacek wrote: post #687

Earlier quoted context omitted.

I've heard of Wiz, but would have had a hard time listing out their feature/benefit statement, because I don't work with CSPM tools. I don't think this "I have doubts about what you actually do" line is doing the work you want it to; it may be backfiring on you a bit.

CNAPPs and CSPMs are extremely common tools in cybersecurity. This is my concern. If you're in cyber and don't have knowledge of these things you're either in something insanely niche, in research of some sort, or lack critical knowledge that you should have. There's a big responsibility as a security practitioner to stay up to date on new tools and techniques. CNAPP and CSPM is not some new thing that was invented l…

CSPM solutions are what corporate buys when they don't want to invest in security. It is rubber-stamping and ass covering. From my experience most people involved with such platforms are rather technical sales people than actual security experts.

Re: Google to buy Wiz for $32B

#757

Post by csomar »

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...

Except their ARR is $500m and not $2bn. So that's x60?

Re: Google to buy Wiz for $32B

#758

Post by csomar »

weatherlite wrote: post #476
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…

> Assume 1,000 customers each generating $2m in ARR with contracts. That’s $2 billion. Assume generous 6x ARR valuation, that’s $12 billion. That's the thing , were any numbers released or are we all just gonna speculate here ? What is their growth rate, profit margin etc etc ? How do they fit in Google's business, can current Wiz clients be upsold on GCP more easily now? Can other clients be brought more easily to G…

According to a few articles (and Reuters) it is $500m/year

Re: Google to buy Wiz for $32B

#759

Post by weatherlite »

nujabe wrote: post #640

"Israel literally owned Congress" - Donald Trump [1] There has been a full and total coup of Zionist influence peddles over over the United States government. This is the lens in which you should look at this deal. The Department of Education is on the verge of being abolished, and the remaining skeleton staff have been redirected to investigate cases of "antisemitism". [2] The administration is weaponizing 'antisemi…

> "Israel literally owned Congress" - Donald Trump [1]

Let me guess, when Trump says some crazy exaggeration you will immediately believe him if it sheds a bad light on Israel - but only then. Otherwise you wouldn't believe him because he's a pathological liar right?

The silly thing is he said it was a decade ago and today its the exact opposite, so that doesn't agree with what you said at all.

Re: Google to buy Wiz for $32B

#760

Post by jisnsm »

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…

Really it makes no sense that Google would want to siphon money off to Israel?
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