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Google to buy Wiz for $32B

reuters.com

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Re: Google to buy Wiz for $32B

#781

Post by perlgeek »

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…

I don't think Google is buying Wiz because they hope that revenue from Wiz will make it worth their money.

They surely expect some kind of strategic advantage from that, probably something to do with security of their own infrastructure, or maybe competitive advantage for gaining government or gov-adjacent contracts, or maybe they were afraid that Microsoft or Amazon could buy it and hurt their existing business.

Re: Google to buy Wiz for $32B

#783

Post by pbiggar »

DeathArrow wrote: post #735
czk wrote: 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…

>Adallom was founded in 2012 by Assaf Rappaport, Ami Luttwak and Roy Reznik, who are former members of the Israeli Intelligence Corps’ Unit 8200 and alumni of the Talpiot program. It's interesting that many people working in intelligence found ways to become very successful in business. I wonder what is the reason.

Tight networks largely. THey've invested heavily into having these "assets" in US tech companies, and so pro-Israel folks in the US work hard to acquire them in.

See [1] to see the flow of people. I explain the connections a lot in [2], and [3] is our initiative to work on it.

[1] https://www.instagram.com/p/DAYsSPxpHFP/?img_index=1

[2] https://www.youtube.com/watch?v=LxvaembyMcQ&list=PLjHqnRFDnc...

[3] https://www.ethics.vc/get-involved

Re: Google to buy Wiz for $32B

#784

Post by le-mark »

msm_ wrote: post #680
alephnerd wrote: post #508

Earlier quoted context omitted.

> most people here are also in security No they aren't. I've been a cybersecurity SWE, PM, and VC for a decade at this point and I've almost never found any relevant security or enterprise SaaS related content on HN. For a hot second (around 2018-2019) there was solid conversations around eBPF, io_uring, or cloud posture management, but that doesn't happen on here anymore. Same with MLOps and ML Infra as well - almos…

>I've been a cybersecurity SWE, PM, and VC for a decade at this point and I've almost never found any relevant security or enterprise SaaS related content on HN. FWIW "here" could mean "in this thread". It's pretty normal (and very visible here) that threads about X attract people working in X. I'm not sure this is happening here, I work in IT security but I clicked the thread because 32B caught my eye.

Exactly, parent commenter is excercising the same bias they’re accusing others of. Rookie move imo.

Re: Google to buy Wiz for $32B

#785

Post by ExoticPearTree »

lol768 wrote: post #670
decimalenough wrote: post #619

Earlier quoted context omitted.

That's quite the claim, can you provide an example? GCP is permissive out of the box and things like the Compute Engine service account having the basic Editor role by default is a bit of a footgun, but they're trivially turned off.

I'm afraid it's something I need to agree with. So many areas where resource-based conditions just do not work with particular GCP product offerings and you're forced to give out much broader access than you should be giving out. It's half-arsed and prevents you implementing PoLP. AWS has a steeper learning curve here, but I've never been unable to constrain down e.g. access to an SNS topic in the way I want to.

I second that. AWS is insanely granular.

Re: Google to buy Wiz for $32B

#786

Post by ExoticPearTree »

zoogeny wrote: post #480
mrweasel wrote: post #26

Earlier quoted context omitted.

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'm slightly baffled by this acquisition but arguing against you actually helps me make some sense of it. If Google wants to be "the best of the best" at security and some set of potential customers use Wiz as their "best of the best" security, then this is a way to convert those customers to Google. Consider some org that prioritizes security, like at the board level. They maybe don't really care about the nickel an…

Customers will not start using GCP more instead of AWS for example just because Google owns Wiz.

Degrading Wiz capabilities on AWS/Azure/etc will not drive more customers to Googke. CSPM and cloud workloads don’t go hand in hand. What will happen is that other companies will capture the market share left by Google. Will the offerings be less then Wiz quality-wise? Sure, but it will be way cheaper than moving to GCP.

The best option will be to leave Wiz as it is - standalone.

Re: Google to buy Wiz for $32B

#789

Post by drdrek »

pbiggar wrote: post #783
DeathArrow wrote: post #735

Earlier quoted context omitted.

>Adallom was founded in 2012 by Assaf Rappaport, Ami Luttwak and Roy Reznik, who are former members of the Israeli Intelligence Corps’ Unit 8200 and alumni of the Talpiot program. It's interesting that many people working in intelligence found ways to become very successful in business. I wonder what is the reason.

Tight networks largely. THey've invested heavily into having these "assets" in US tech companies, and so pro-Israel folks in the US work hard to acquire them in. See [1] to see the flow of people. I explain the connections a lot in [2], and [3] is our initiative to work on it. [1] https://www.instagram.com/p/DAYsSPxpHFP/?img_index=1 [2] https://www.youtube.com/watch?v=LxvaembyMcQ&list=PLjHqnRFDnc... [3] https://www.e…

[flagged]

Re: Google to buy Wiz for $32B

#790

Post by detourdog »

alephnerd wrote: post #602
detourdog wrote: post #583

Earlier quoted context omitted.

There are plenty of Arabs elected to the Knesset and they are also plentiful in the Israeli universities.

Ik. I have friends from Haifa, Nazareth, and Beersheba. There isn't an easy way to write Israel, Israeli Arab, Palestinian Arab, and non-Palestinian Arab. My point is, anyone who isn't Israeli (be they Mizrahi, Ashkenazi, Ethiopian, Arab, Druze, Chechen, etc) or Palestinian should stfu (me included). You have wackos saying "Israel is a fake state" or "raze Gaza into a parking lot". Yet if you talk to an actual Israel…

We are on the same page. My mom made Aliyah when she was 50 and I left for college.
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