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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.

My 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.

Sounds like a lot of people do.

Almost 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.

Fun fact: both founded by Israelis and have their R&D centers in the country.

Thought the same until I saw your comment. For those in the same boat: Wiz, Inc. is a cloud security startup.

Oh. All this time I thought Wix pivoted to become a security company and suddenly Google wants to buy it. Just realized Wix is not Wiz. Still weird.

Hahaha you'd be surprised how much demand there is out there. Wix's market cap is $10b +/-