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Raaz Herzberg: belief

17 Nov 2024 Lenny's Podcast Building Wiz: the fastest-growing startup in history | Raaz Herzberg (CMO and VP Product Strategy)

“I can share, that I think for us, us being the founding team, the employees, the customers, the board, staying on an independent path, we all really believe that Wiz can become one of the biggest security companies in the world.”

— Raaz Herzberg

Source trail

Everything needed to verify it.

Speaker
Raaz Herzberg
Attribution
Verified speaker
Claim type
belief
Recorded
17 Nov 2024
Publisher
Lenny's Podcast

Transcript context

…Reminds me of the story when you were trying to sell the initial version of Wiz/beyond whatever it was called, early on, and it was just too complicated. No one understood what the hell's going on, and so I love how that circles back. Final question. I know you can't talk too much about this, but I'm also just curious what you're able to share. As I said, allegedly, a company whose name rhymes with Loogle, wanted to buy you guys for many billions, and you all decided to decline that, and stay private. Anything you could share there, about maybe why you decided to do that, if that was true at all? Yeah, I mean, I can't address any specific offers. Obviously, Wiz over the years has gotten many acquisition offers. I can share, that I think for us, us being the founding team, the employees, the customers, the board, staying on an independent path, we all really believe that Wiz can become one of the biggest security companies in the world. When you look at Wiz today, and I mean, we spoke about the unconventional growth, when you think about it, in some ways, Wiz addresses the biggest growing market of security. Cloud security, cloud is the fastest growing, cloud is such a fast-growing market. Cloud grows 20, 30%, year over year. We feel like everything is in the cloud, but in reality, by estimation, only 20%, 15 to 20% of the infra today, is in cloud. It's a really, really fast-growing state, in a fast-growing market. And security by nature is a bit of a market of leaders. I mean, it's a bit like buying insurance for something. You want to buy it from the best, from the leader in this domain. And today, Wiz really is that leader, because it's a new space. Wiz is considered, I think, in many ways, and that is also what makes marketing and brand, not just marketing, but truly, brand so important. Wiz is considered, I think, the cloud security company, in a lot of ways. Still, of course, it's our to lose. There's a ton of work ahead of us, but that is a huge opportunity in front of us, becoming the cloud security company. And I think nobody thinks we are anywhere near ready to give it up, in a way. I totally understand that, and again, Wiz is hiring, in case you are inspired by what you're hearing. Raaz, this was incredible. I'm so happy that you did this. Thank you so much for being here. Two final questions. Where can folks find you online, if they want to reach out, and maybe follow up on stuff? And how can listeners be useful to you?…

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