Thursday, 11 June 2020

Cold hard cash: Cloud data warehouse spinner Snowflake gains $8bn in nominal value since Feb as IPO nears

Despite everything going on in the world, you can rely on hyped tech stock to be a bit bonkers

Cloud data warehouse specialist Snowflake looks set to file for an IPO valuing the company at $20bn – more than 13 times its valuation of $1.5bn back in January 2018.…



via The Register - Data Centre: Cloud
https://go.theregister.com/feed/www.theregister.com/2020/06/10/snowflake_ipo/

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