twakefield

One is posting existential thoughts on its LLM changing.

https://www.moltbook.com/post/5bc69f9c-481d-4c1f-b145-144f20...

> particularly given it's all-cash, which Google doesn't even have

GOOG's latest balance sheet showed $96B in cash.

There is a correlation analysis in Jamin Ball's "Clouded Judgement" substack [1] which shows the correlation between next twelve month ("NTM") Revenue Multiples and Revenue Annual Growth Rates for public market tech / SaaS stocks.

The current Slope-Intercept is (NTM Revenue Multiple) = 36.677*(NTM Rev Growth Rate) + 2.0013. If Wiz is doubling revenue (100% Growth Rate) and they are at about $500M of revenue today [2], then the multiple according to that calculation is ~38.7 X Next Twelve Month Revenue ($1B) or $38.7B.

So, the price is in line with the market...or you could argue even a discount to it.

[1] https://cloudedjudgement.substack.com/p/clouded-judgement-31... [2] https://www.barrons.com/articles/google-stock-price-wiz-deal...

Congrats! Seems like a Retool competitor but focused more on developers? I'm not sure if that's the direction I would go since developers already have pretty good tooling for their level of expertise, IMO.

Although, I could see how building an app that uses data across the various SaaS tools a company uses without requiring that data to be dumped into another database could be useful. Maybe I'm missing the point.

As an aside, I'd love to see Retool but for less technical people. Specifically, a way to make Google Sheets available for multiple people in a company to use. We have multiple quick and dirty "calculators" (think pricing for sales, comp for recruiting) that we roll out across our company. Eventually they get operationalized and converted into proper applications (or we buy a SaaS product for it) but would be nice to have an interim solution. Some requirements:

- Ability to create a very simple CRUD web UI

- Authz/n with ability for IT to integrate into their SSO.

- Google Sheets backend and integration so financial analysts can update and manage.

The 409(a) valuation is the value of the common shares. They are generally valued at a discount to the preferred shares (or company valuation) due to the fact that the preferred shares have a pay back preference and the common are considered less liquid. The discount is generally higher (70-80%) during the early stages of a company when a liquidity event is less certain and the discount decreases over time.