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Yeah, but Instagram and WhatsApp have billions of users. Everybody has heard of them. Advertising on Instagram generates revenue. Wiz is a SaaS b2b startup. Ev
by kats 2y ago
Yeah, but Instagram and WhatsApp have billions of users. Everybody has heard of them. Advertising on Instagram generates revenue.
Wiz is a SaaS b2b startup. Even on a forum for startups most people haven't heard of them.
Wiz reportedly has a revenue of 750m. It would take Google 30 years or more to break even on this deal. But like all bs startups Wiz will fade into irrelevancy 6 months after being acquired.
Google is getting completely scammed.
- totallyunknown 2y agoThis: "But like all bs startups Wiz will fade into irrelevancy 6 months after being acquire"
- nosefrog 2y agoNobody thought Instagram and WhatsApp were good acquisitions at the time.
- askafriend 2y agoInstagram was roughly 10 people when it got bought, had less than 30M users and $0 in revenue.