Wiz

includes Wiz Graph

15 statements across 1 episodes · 5 bullish · 2 bearish · 1 people on the record · first statement Nov 17, 2024 by Raaz Herzberg · said 83 times in 4 episodes since 2024 · across every show →

Mentions by year, the whole family

brought up most by Lenny Rachitsky (59), Raaz Herzberg (23), Jen Abel (1)

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Everything said about Wiz, oldest first

Nov 17, 2024
Insight
Real B2B customer pull shows only through pricing and POV questions
“Suddenly the call sounded like, wait, again, how are you pricing this? How much will this cost? Or wait, like, When can we start doing a POV? How long is a POV? Or somebody would, like, finish the call and be like, okay, I know exactly who I need to connect yo…”
Raaz Herzberg Nov 17, 2024 ▶ 13:20 Building Wiz: the fastest-growing startup in history | Raaz Herzberg (CMO and VP Product Strategy)
Nov 17, 2024
Disclosure
Wiz's founders closed a couple million in ARR before hiring salespeople
“And then when we hired our first sales hire, it was also like, look, like, we sold a couple million of this, so you, for sure, as a salesperson, right, like, you kind of give that confidence.”
Raaz Herzberg Nov 17, 2024 ▶ 22:04 Building Wiz: the fastest-growing startup in history | Raaz Herzberg (CMO and VP Product Strategy)
Nov 17, 2024 positive
Assertion Not checkable as stated
Wiz's themed RSA conference booth 5xed year-over-year foot traffic
“The amount of people that stopped by our booth was like five times the amount of people that stopped by the year before, and it's the exact same space, the exact same investment, because you invest in the space, but also ever since we do themed booths, like, e…”
Raaz Herzberg Nov 17, 2024 ▶ 40:05 Building Wiz: the fastest-growing startup in history | Raaz Herzberg (CMO and VP Product Strategy)
Nov 17, 2024
Insight
Startup bottlenecks shift from product to engineering, sales, then marketing
“In the early, early days when we just started with, I remember I felt like the heat was in the product kitchen because it's like everybody's waiting to have something people want to start doing something. Right. And then they felt like, okay, you start underst…”
Raaz Herzberg Nov 17, 2024 ▶ 28:21 Building Wiz: the fastest-growing startup in history | Raaz Herzberg (CMO and VP Product Strategy)
Nov 17, 2024 positive
Assertion Supported
Wiz's four co-founders have worked together for over 22 years
“Before, Wiz is actually their second company together. So before Wiz, they founded Adalom, which sold to Microsoft. That's how they all ended up in Microsoft in the first place. And even before that, they all worked together in the Israeli army. So they've kno…”
Raaz Herzberg Nov 17, 2024 ▶ 51:45 Building Wiz: the fastest-growing startup in history | Raaz Herzberg (CMO and VP Product Strategy)
Nov 17, 2024
Assertion Partly supported
Wiz was originally founded as Beyond Networks to build network security
“The company was literally officially founded as Beyond Networks because there was this, like, idea of, hey, we want to do something in the network security space. Actually, myself and the founding team, and also the other, like, five engineers that started wit…”
Raaz Herzberg Nov 17, 2024 ▶ 7:31 Building Wiz: the fastest-growing startup in history | Raaz Herzberg (CMO and VP Product Strategy)
Nov 17, 2024
Insight
B2B buyers default to polite positive reinforcement rather than honest feedback
“Maybe the person on the other end is not gonna tell you, like, they're not incentivized to tell you know what, I don't know what you're talking about. It's really, I guess they felt a bit like me in some ways, and they were like, oh, it's a really smart group …”
Raaz Herzberg Nov 17, 2024 ▶ 10:45 Building Wiz: the fastest-growing startup in history | Raaz Herzberg (CMO and VP Product Strategy)
Nov 17, 2024 negative
Insight
Enterprise startups should never push reluctant customers into free trials
“I don't want to push somebody into a POV if he is not committed to me at this stage. I mean, it's not a well-built product. It's gonna be a journey we take together, so they need to really want it. I need that commitment from the other side. I'm not trying to …”
Raaz Herzberg Nov 17, 2024 ▶ 20:16 Building Wiz: the fastest-growing startup in history | Raaz Herzberg (CMO and VP Product Strategy)
Nov 17, 2024 positive
Insight
Early marketing should prioritize rapid audience awareness over pipeline mechanics
“What is the end to the goal of having the right people hear the right thing about my company, ASAP, versus a ton of, like, I don't know, a ton of, like, kind of traditional aspects of building pipelines and different things I really did not know how to do at t…”
Raaz Herzberg Nov 17, 2024 ▶ 33:37 Building Wiz: the fastest-growing startup in history | Raaz Herzberg (CMO and VP Product Strategy)
Nov 17, 2024 negative
Insight
Founders must execute functions end-to-end before hiring external specialists
“It's like, if you can't do it one time, end to end, and you're like the core, core, core group, the chances of just bringing somebody from the outside to solve that problem, it's wishful in some ways, but it never ends up that way.”
Raaz Herzberg Nov 17, 2024 ▶ 22:54 Building Wiz: the fastest-growing startup in history | Raaz Herzberg (CMO and VP Product Strategy)
Nov 17, 2024
Insight
Internal teams get sick of brand messaging long before customers grasp it
“Every time somebody says, oh, we haven't changed our color for so long, or our website's headline, it's like, or, you know, a lot of, like, a lot of those things, for me, it's like, you're the only one that is sick of it, right? Your customers are just learnin…”
Raaz Herzberg Nov 17, 2024 ▶ 50:21 Building Wiz: the fastest-growing startup in history | Raaz Herzberg (CMO and VP Product Strategy)
Nov 17, 2024 positive
Insight
Product mistakes create permanent technical debt; marketing experiments carry zero downside
“If you decide to build a feature in a product, then A, you're taking engineering time, which is the most valuable resource in every company, in my opinion, and B, in some ways, you can never take it back. Like it's complicated your product. Even if one custome…”
Raaz Herzberg Nov 17, 2024 ▶ 36:59 Building Wiz: the fastest-growing startup in history | Raaz Herzberg (CMO and VP Product Strategy)
Nov 17, 2024 positive
Insight
Complex B2B enterprise software purchases are heavily driven by brand
“Like at some point of every product, people start looking really heavily at brand, whether we think that way or we don't. Like when I buy my iPhone, I have no idea how it really is compared to an Android phone. I did not look at the specs. I truly have no idea…”
Raaz Herzberg Nov 17, 2024 ▶ 27:23 Building Wiz: the fastest-growing startup in history | Raaz Herzberg (CMO and VP Product Strategy)
Nov 17, 2024
Opinion
Cybersecurity startup CMOs cannot succeed without a deep security background
“I really don't know how somebody that does not come from a From a security background could kind of be successful deeply in this type of a role for a company like Wiz, because it is really about understanding your customers and it is really about understanding…”
Raaz Herzberg Nov 17, 2024 ▶ 35:02 Building Wiz: the fastest-growing startup in history | Raaz Herzberg (CMO and VP Product Strategy)
Nov 17, 2024 neutral
Assertion Not checkable as stated
Wiz founders conducted 10 to 15 customer discovery calls daily in 2020
“So yeah, we took like 10, 15 calls a day, back to back.”
Raaz Herzberg Nov 17, 2024 ▶ 12:26 Building Wiz: the fastest-growing startup in history | Raaz Herzberg (CMO and VP Product Strategy)
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