Cloud security company providing agentless visibility and risk management across multi-cloud environments.wiz.io ↗
4 takes · first discussed Jul 19, 2024 · last Mar 22, 2025
Private company — no public price to score. We track what they said; valuation-mark tracking is on the roadmap.
Chamath argues Wiz earned its $32B valuation by combining multi-cloud security with exceptional design and UX taste, and that its explosive revenue growth rate (doubling in months) justifies fantastical but defensible DCF models.
Sacks argues that Wiz's ~100% growth rate and path to $1B ARR next year makes Google's $23B offer potentially reasonable, and that the founders were right to pursue standalone growth as a high-growth company that could justify a premium multiple.
Friedberg argues that Wiz's growth momentum makes it conceivable they could reach a $100B market cap, making the decision to reject Google's $23B offer and pursue an IPO a reasonable risk with limited downside.
All four hosts are bullish on Wiz, with conviction ranging from medium to high across two timeframes. The core points of agreement are that Wiz's exceptional revenue growth — roughly doubling to an expected $1B ARR — and its strong product quality justify premium valuations, whether that was Google's $23B acquisition offer or its later $32B standalone valuation. Chamath and Friedberg both supported the founders' decision to reject the Google deal and pursue an IPO, with Friedberg citing a plausible path to a $100B market cap comparable to Palo Alto Networks, while Sacks acknowledged the offer was not unreasonable given the growth trajectory but agreed the founders had logical reasons to go independent. By early 2025, Chamath added a product-differentiation argument, crediting Wiz's superior design and UX — not just growth metrics — as a key driver of its defensible market position.
Chamath argues Wiz earned its $32B valuation by combining multi-cloud security with exceptional design and UX taste, and that its explosive revenue growth rate (doubling in months) justifies fantastical but defensible DCF models.
Wizz does not do something that's necessarily unique, meaning there are other products in market, but they have done one thing better than everybody else, and I think it's really worth rewarding, which is they have incredible taste.”36:57
Sacks argues that Wiz's ~100% growth rate and path to $1B ARR next year makes Google's $23B offer potentially reasonable, and that the founders were right to pursue standalone growth as a high-growth company that could justify a premium multiple.
if Wiz is growing at 100%, 100%, I mean, I don't know if it's still growing at 100%, but I mean, I guess they're projecting 50%.”8:52
Friedberg argues that Wiz's growth momentum makes it conceivable they could reach a $100B market cap, making the decision to reject Google's $23B offer and pursue an IPO a reasonable risk with limited downside.
if Wizz continues to grow at this rate, it's conceivable they could be in the range of a Palo Alto Networks $100 billion market cap in a couple of years. Um, you know, given, uh, given this momentum and if you, if you progress it forward. S”11:54