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Comment by 6th | Hacker News Reader

Meteorites crash & burn, honestly, what is a "meteoritic rise"?

Not understanding an idiom is something you should just discuss with ChatGPT, it'll set you straight, show you the ropes, right your ship, and whatnot.

I very much doubt that. This as a phase doesn't even seem to exist online till today, even much less as an idiom, telling me the equivalent of "just google" for someone specific's thinking is entirely unhelpful.

I wasn't interested in what ChatGPT can hallucinate or even output. I was after Voloskaya's context, Voloskaya would be the one to provide this insight, which is who I chose to ask for that.

I have seen “meteoritic rise” many times.

Well, no, not exactly :)

existed prior to today https://dictionary.cambridge.org/us/dictionary/english/meteo...

The actual spelling is "meteoric rise", so that might be why.

It is indeed. Thank you.

Genuinely asking here; have you really never heard the phrase "meteoric rise" before?

Yes, all the time. It is a common idiom, especially in history books.

It's easy to miss the difference between "meteoric rise" and the OP's typo, "meteoritic rise".

Also easy to recognize that it was a typo and interpret it as intended.

Indeed even gpt-3.5-turbo recognizes the typo and gives a proper explanation. Can't wait until everyone has an LLM baked into their device that makes submitting stupid content a two step verification.

> I very much doubt that.

Might want to update your priors, I put your exact comment into ChatGPT and it handled it flawlessly.

Fast enough to cash out at highly favorable and ambitious valuations while the ARR trajectory supports it. You’re selling potential, you don’t have to deliver; that’s the next team’s problem.

Wiz: Got to 350m ARR

Hacker news: "you don't have to deliver. That's the next team's problem".

Apparently 350m isn't enough to prove potential.

It's certainly not enough to justify a $23B valuation target, or even $12B assuming reasonable multiples in the space (average is ~15x in cyber tools and controls). Lacework went from an $8B valuation to $200M–$230M (first with Wiz attempting to acquire, and now Fortinet at the valuation I mentioned, roughly ~2x revenue, ~3x if we want to be generous). A case can be made that Wiz is a more mature platform and Lacework is a fire sale (which it is, but also not a great sign for the rest of the space), but I'll argue a lot of Wiz's revenue is likely premium pricing with current customers that can cram them down on at their next renewal cycle, and the TAM is simply only so big (with competitors being as, if not more, resourced to compete and stay ahead).

You can't grow into something there isn't room to grow into.

https://techcrunch.com/2024/04/18/wiz-is-in-talks-to-buy-lac...

https://www.forrester.com/blogs/fortinet-acquires-lacework/

To be fair, the difference between meteorites and meteors is that meteors burn and die BEFORE they crash, according to NASA. So not much better. The idiom is still a thing though.

https://science.nasa.gov/solar-system/meteors-meteorites/

It's a rise about as far as a quantum leap

They meant to say "meteoric rise".

It is a common phrase.

https://dictionary.cambridge.org/dictionary/english/meteoric

meteorites shine briefly, swiftly, and suddenly

so i guess as an adverb it relates to how quickly the rise is happening and how hot/bright it burns

Not even knowing about Wix until today, I had no idea what to make of it, I wasn't trying to be snarky with that comment.

I was actually interested to know what they meant because it sounds like saying: "let's take a walk down to the top of the highest mountain".

Wix, on the other hand, is a website builder, not a cyber security firm.

I did mean Wiz. I guess my brain just substituted that. I guess I'm at least familiar with the Wix name in that I saw ads all over the net ~a decade ago?

Is this your first day or are you looking to be snarky?

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