01-Apr-21 08:00

Geoff Soon, Managing Director of South Asia, Snowflake

Is Snowflake worth 80 times annual sales? Data is the new oil, but can Saas player Snowflake compete with Microsoft, Amazon, and Google? Roshan Kanesan discusses this with Geoff Soon, South Asia Managing Director of Snowflake. They also get into Snowflake role and value proposition in the cloud ecosystem, their presence in the region, managing the relationships with the Trillion Dollar tech Club, as well as Snowflake's aspirations to be the Switzerland of data.

Snowflake is currently worth around $60 billion and became the biggest software IPO when it went public last year, raising $ 3.4 billion. Shares opened at $245/share after pricing its IPO at $120/share. It’s investors included Warren Buffett's Berkshire Hathaway, which invested in its first IPO since Ford Motor Company in 1956.

Photo Credit: Snowflake