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Wix has over $1.5B annual recurring revenue, so a market cap of $9B makes sense. You and I might not use them, but it is a real business, not just a hype bubble
by nikanj 2y ago
Wix has over $1.5B annual recurring revenue, so a market cap of $9B makes sense. You and I might not use them, but it is a real business, not just a hype bubble.
- rurban 2y agoMy non-IT wife is using wix for her homepage. She loves it, I never heard of it before. 9B sounds okish. But wiz? There are reading like Mossad/Unit 8200. And who wants to have them in their backend? Worse than Cloudstrike, which sounds like CIA to me.
- xenospn 2y agoSounds like a lot of people do.
- underdeserver 2y agoAlmost every real cybersecurity company in the world has ex-Unit 8200 / Mossad employees. As well as ex-NSA and other intelligence agencies. You gotta know what you're up against to defend properly.