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After the acquisition, I think Wiz would have to only focus on Google Cloud which might be a major limiting factor in the company's future. But other than that,

After the acquisition, I think Wiz would have to only focus on Google Cloud which might be a major limiting factor in the company's future. But other than that, It surprises me that, a $23B offer is rejected from the perspective of Employees. IPO won't provide the same level of liquidity opportunities. I have used Octa and it's a decent platform, not a magical one. Creating a similar platform for Google Cloud should be feasible with the level of Google resources.

dmitrygr 2y ago
> It surprises me that, a $23B offer is rejected from the perspective of Employees HA! Who asked them? I've never seen a startup ask the employees whether to take an acquisition offer.
- satvikpendem 2y ago
  Yep. I'm pretty sure just the C suite made this decision unilaterally.
  - mlyle 2y ago
    The board makes the decision, but needs management to make things work either way, so management has a pretty big voice, too.
cen4 2y ago
Cause their founders are already Billionaires. Can you imagine Billionaires reporting to the average corporate robot at large corp?
- ergocoder 2y ago
  Which founder is a billionaire? What is their net worth?
  - deleted 2y ago
    [deleted]
  - walterbell 2y ago
    Each of the four founders (CEO, CTO, Product, R&D), https://www.calcalistech.com/ctechnews/article/hjpwti2dr https://www.calcalistech.com/ctechnews/article/hjpwti2dr
    - cinntaile 2y ago
      I think that's including their current Wiz holdings?
      - ergocoder 2y ago
        I thought they meant the founders were already billionaires before founding Wiz...
        krembo 2y ago
        Not billionaires, but all together already sold a company to Microsoft at age 30, and are not the avg Joe.
- wiz21c 2y ago
  Oh yes, I fancy that. Quite a lot actually. The joy of seeing equal humans.
  - karmakurtisaani 2y ago
    Ah yes, the fact that I have the wealth of a small nation should not by any means mean I cannot mingle amongst equal humans who work for me. Just a bunch of equal humans hanging out. How nice and equal indeed!

dmitrygr 2y ago

> It surprises me that, a $23B offer is rejected from the perspective of Employees HA! Who asked them? I've never seen a startup ask the employees whether to take an acquisition offer.

satvikpendem 2y ago
Yep. I'm pretty sure just the C suite made this decision unilaterally.
- mlyle 2y ago
  The board makes the decision, but needs management to make things work either way, so management has a pretty big voice, too.

cen4 2y ago

Cause their founders are already Billionaires. Can you imagine Billionaires reporting to the average corporate robot at large corp?

ergocoder 2y ago
Which founder is a billionaire? What is their net worth?
- deleted 2y ago
  [deleted]
- walterbell 2y ago
  Each of the four founders (CEO, CTO, Product, R&D), https://www.calcalistech.com/ctechnews/article/hjpwti2dr https://www.calcalistech.com/ctechnews/article/hjpwti2dr
  - cinntaile 2y ago
    I think that's including their current Wiz holdings?
    - ergocoder 2y ago
      I thought they meant the founders were already billionaires before founding Wiz...
      - krembo 2y ago
        Not billionaires, but all together already sold a company to Microsoft at age 30, and are not the avg Joe.
wiz21c 2y ago
Oh yes, I fancy that. Quite a lot actually. The joy of seeing equal humans.
- karmakurtisaani 2y ago
  Ah yes, the fact that I have the wealth of a small nation should not by any means mean I cannot mingle amongst equal humans who work for me. Just a bunch of equal humans hanging out. How nice and equal indeed!