$23.7 billion is the company's valuation at the high-end. Snowflake is actually one of the more valuable startups filing for IPO this year. My company has a partnership w/ Snowflake and it sure looks very promising. Snowflake’s CEO, Frank Slootman, was the CEO of ServiceNow (NYSE: NOW) from 2011 to 2017 and grew that company’s top line to $1.4 billion of annual revenue from $100 million. Good to know. As much as I would love to go over their P&L and BS, I don’t think it’s going to be available for public until they IPO. Snowflake offers multiple editions of our Data Cloud service. Let me know if I am wrong . Snowflake still operates in the red, losing over $1 per share according to their latest quarterly SEC filing, but the company is expected to top $500 … On a fiscal year basis, Snowflake — which has raised a total of $1.4 billion — grew even faster and lost more money. Unofficial subreddit for discussion relating to the Snowflake Data Cloud, Press J to jump to the feed. Then I ended up in a larger company where I had worked until today. I know not everyone can get into Facebook and Google but not everyone can get into Harvard and Princeton. With employees in four continents and more than 19 countries, you're joining a truly global team. Though I'm fully on-board the Snowflake bandwagon I'd like to present a well-rounded recommendation that includes some downsides of the tool. I think it’s always important to remember that IPO stocks go down an average of 15% in the first two years. I always tell people don’t invest in companies to make a quick buck but with the recent wave of retail investors/gamblers even bankrupt companies are surging. Initial Phone Screen (coding + system knowledge) 4. Data warehousing company Snowflake went public on Wednesday in the largest software IPO ever, raising nearly $3.4 billion and valuing the company at $33.2 billion.. Its stock opened at $245 on Wednesday during its public market debut, about 104 percent above its IPO price. For the year ending January … All content is posted anonymously by employees working at Snowflake. TREAT YOURSELF. Salesforce is one of the investors, Amazon and Google are some of the clients, new CEO came from ServiceNow, revenues are keep growing at a rapid pace. Snowflake is available on AWS, Azure, and GCP in countries across North America, Europe, Asia Pacific, and Japan. ‍♂️, It’s going to be huge I’m going in fast and heavy. At the opening price of $245 per share, the company’s valuation reached nearly $68 billion. Snowflake is the accelerator for everyone to make doing Cloud (AWS AND Azure) analytics much easier and more cost efficient. Don't hesitate to tell us about a ticker we should know about, but read the sidebar rules before you post. It was publicly launched by Bob Muglia in … In terms of tech companies, if you get into a company like Airbnb, Snowflake, DoorDash, etc. Arizona Wild Hog Hunting Ranch near Flagstaff, No Limit Arizona Wild Boar Hunting. Most of our largest clients are moving more and more services to Cloud and Snowflake is always one of the parties they seriously consider. Press question mark to learn the rest of the keyboard shortcuts. (Bloomberg Businessweek) -- Cloud software company Snowflake Inc. had its initial public offering at $120 a share and on Sept. 16 promptly shot above $300.It’s now trading at about $235. Your opinion on my picks? Any insights that will help me present a complete case on Snowflake and inform management about what we should expect? HM Call 3. Sounds like a no-brainer. And, no one was disappointed by the hype. Their new CEO (appointed in 2019) came from ServiceNow and he has an amazing track record. How would we know when we can start buying shares? Interview. Almost any post related to stocks is welcome on /r/stocks. Or, secure discounts to Snowflake’s usage-based pricing by buying pre-purchased Snowflake … We … Before going public, it has raised more than $1.4 billion in venture capital, and is based in San Mateo, California. Here are key details to consider in weighing whether to invest in the latest batch of would-be public tech companies. Snowflake stock opened about double the target and closed that day at … My company has a partnership w/ Snowflake and it sure looks very promising. Thanks to our global approach to cloud computing, customers can get a single and seamless experience with deep integrations with our cloud partners and their respective regions. r/snowflake: Unofficial subreddit for discussion relating to the Snowflake Data Cloud Press J to jump to the feed. The first week of trading is always engineered to try to give the VC backers a juicy payout. Just unsure of when they’ll be publicly traded. I was actually going to buy a few companies in those industries. The Best Arizona Hog Hunting, Ram Hunting & Buffalo Hunting. Snowflake’s Product Revenue grew from $96 million in FY’19 to about $252 million in FY’20, as the company grew its customer base by 152% from 948 in FY’19 to 2,392 users. AWS doesn't need to kill Snowflake, they host Snowflake … Most of our largest clients are moving more and more services to Cloud and Snowflake is always one of the parties they seriously consider. I started drinking myself very early (15 years), because I myself had a very bad environment, the city I lived in generally had high unemployment and there was a lot of drug dealing. 1. AI, Cloud Computing, and data Warehousing are all going to grow exponentially in the future. Try Snowflake free for 30 days and experience the Data Cloud that helps eliminate the complexity, cost, and constraints inherent with other solutions. Your favorite media company and least favorite internet provider are all in on Snowflake (hosted on AWS). I've got one set right now for "snowflake ipo". Virtual Onsite (4 rounds, coding + more linux systems deep dive) The whole process was quite well organized and the recruiter and hiring manager were very responsive throughout. Press question mark to learn the rest of the keyboard shortcuts For usage-based, per-second pricing with no long-term commitment, sign up for Snowflake On Demand™ – a fast and easy way to access Snowflake. Thanks to our global approach to cloud computing, customers can get a single and seamless experience with deep integrations with our cloud partners and their respective regions. I'm skeptical. Central to many of the region’s attractions, between prehistoric and native cultures to the north, to the forested White Mountains to the south, you’ll find that the pioneer spirit still lives on. Very legit point. Press J to jump to the feed. If it’s $20 that would be amazing. I’ll def keep monitoring Snowflake. That thing wouldn't last long on an unfrozen ground. There’s always a chance these giant tech IPOs fall off the map after a few years, but based on the names they’re associated with, it sounds promising. 1 year ago. Shares in cloud database company Snowflake are up 129% since its September IPO and those of data mining company Palantir are up 215% since its September listing. The company has more than 3,100 customers … Give me some comfort level that he knows how to run a company. Glassdoor gives you an inside look at what it's like to work at Snowflake, including salaries, reviews, office photos, and more. Does someone have a link to any financials perhaps? By using our Services or clicking I agree, you agree to our use of cookies. Cloud database company Snowflake opened trading at more than double its list price, making CEO Frank Slootman, ex-CEO Bob Muglia and cofounder Benoit Dageville billionaires. Snowflake’s data warehouse is a specialized type of cloud database built for analytical applications. What do you guys think of this company? Man I’m searching everywhere for an entry price! Just keep checking news or is there an easier way to be alerted? What am I missing here? Press question mark to learn the rest of the keyboard shortcuts. IPO Report Snowflake IPO: 5 things to know about the Berkshire-backed company after its record software offering Last Updated: Sept. 16, 2020 at … Seems like a very good long-term investment. Snowflake is available on AWS, Azure, and GCP in countries across North America, Europe, Asia Pacific, and Japan. SNOWFLAKE SPANS THE GLOBE. I’ll be rooting for this company. It saw revenue growth of 133% in the first half of 2020. Traditional cloud implementations will typically need a data engineer and dev ops engineer to setup the environment and data, before your analysts can hit it. Check out our wiki and Discord! I don’t think they have a specific date yet. I read an article saying their initial offering will be at $20. Snowflake is legit. Located in north central Arizona, the Town of Snowflake is a growing hub of activities for businesses and visitors. I was expecting in the 50s, New comments cannot be posted and votes cannot be cast. Cookies help us deliver our Services. Knowledge Base Nihcas September 11, 2019 at 4:18 AM. The company held an initial public offering on Sept. 16, 2020, with a target of $120 per share. On September 16, Snowflake (SNOW), a data storage and query company, did its much hyped IPO. As long as that sentiment continues it’ll probably perform well. Personalize your Snowflake benefits by tapping into our employee discounts and pre-tax selections. It seems like these days anything wrapped in a shroud of tech buzzwords succeeds. Snowflake delivers: I have no idea about their valuation though, although revenues are going through the roof. Plenty of AZ Game Animals, Specially Designed AZ Hunting Blinds. Agree. Snowflake review: A data warehouse made better in the cloud A fast, no-fuss data warehouse as a service, Snowflake scales dynamically to give you the performance you need exactly when you need it Recruiter Call 2. I'm looking for experience in the following areas: Aspects of the tool that are less mature than desired, maybe that needed additional expense or labor to handle, Common issues organizations run into that Snowflake doesn't have handled well, Any other pain points and lessons learned, especially those that are showstoppers. How to attempt snowflake certification in case my company is not part of snowflake's partner program ? Even notoriously reluctant Warren Buffett invested. If you really believe in the company, sure, invest. You may have never heard of it, but cloud database company Snowflake made Wall Street history this week with the largest software stockmarket debut. But $20 per share would be sweet! Available on all three major clouds, Snowflake supports a wide range of workloads, such as data warehousing, data lakes, and data science. Regarding your comments on the future of tech, AI, Cloud. I don’t think you’re missing anything here. And that’s ok if you get in early. Exciting Arizona Wild Pig Hunting at its finest. (Redirected from Snowflake Computing) Snowflake Inc. is a cloud-based data-warehousing company that was founded in 2012. No matter where you are in the world, we will get you connected and supported with a work-from-home setup. Looks too bright for a … Question has answers marked as Best, Company Verified, or both Answered Number of Views 189 Number of Upvotes 0 Number of Comments 1. I have no idea about their valuation though, although revenues are going through the roof. This is the Snowflake company profile. If it’s a well run company and continues to grow, it will always be an expensive stock. One thing I've been doing lately that I've learned from this sub is setting Google alerts for certain key words. Snowflake emphasized Slootman’s experience taking ServiceNow and his previous company, Data Domain, through the IPO process, which is likely the next step for Snowflake … Supposed to IPO sometime this summer? AI - NVIDIA Cloud Computing - Fortinet or CrowdStrike Data Warehousing- Digital Realty Trust. For my company, the data sharing feature is extremely important, and likely the primary reason why we started looking at Snowflake (90% of our data comes from another company that uses Snowflake via data sharing, and about 15% of our data goes to "clients" of ours via data sharing)