Who is the CEO of Snowflake?
Frank Slootman
Frank Slootman is the CEO of Snowflake, a cloud-based database firm he joined in 2019 and took public in September 2020 in a blockbuster IPO.
Who founded Snowflake?
Snowflake Inc. was founded in July 2012 in San Mateo, California by three data warehousing experts: Benoit Dageville, Thierry Cruanes and Marcin Żukowski. Dageville and Cruanes previously worked as data architects at Oracle Corporation; Żukowski was a co-founder of the Dutch start-up Vectorwise.
Where does Frank slootman live?
Montana
The Dutch-born Slootman, who now lives in Montana, has had three hits in a row since 2003: He was made CEO of enterprise storage startup Data Domain and grew it to a $2.4 billion acquisition.
How much is Frank slootman worth?
2 billion USD (2022)Frank Slootman / Net worth
Who are snowflakes clients?
Snowflake’s customer base also spans several sectors and boasts big names, including Office Depot, McKesson, Nielsen, DoorDash, Instacart, and Rent the Runway. Capital One is Snowflake’s biggest customer, accounting for 11% of Snowflake’s revenue in the past fiscal year.
What made Snowflake successful?
First, let’s talk about why Snowflake is gaining momentum as a top cloud data warehousing solution: It has out-of-the box features like separation of storage and compute, on-the-fly scalable compute, data sharing, data cloning, and third party tools support.
Does Snowflake make money?
Snowflake’s Total Revenue, which includes its revenue from Professional Services grew from $97 million in FY’19 to about $265 in FY’20 and we expect it to grow 110% to about $557 million in FY’21. Now Snowflake is not only adding new customers at a rapid clip, but it is also better at monetizing its existing users.
Why did Snowflake move to Montana?
“It’s really going to reduce the real estate footprint that companies have.” The address Snowflake lists as its office in Bozeman, a city with fewer than 50,000 residents, is located downtown, near a post office branch, a bowling alley and a coffee shop, according to Google Maps.
Is there a Snowflake MT?
This is a fun fact to impress your friends with. Montana is home to the largest snowflake. I am surprised we don’t have a home to ” The Largest Snowflake” sign as you enter Montana. I initially found this on movoto.com, which had published an article on fun facts about Montana.
How much does the CEO of Snowflake make?
Snowflake CEO becomes one of the best-paid tech executives, collects $108 mn salary every month. Frank Slootman gets a $375,000 annual base salary, which can go higher depending on Snowflake’s performance.
How do snowflakes make money?
Product revenue Snowflake recognizes its revenue based on platform consumption, as mentioned above. The product revenue category includes computing, storage, and data transfer resources. These are services that users consume on the platform as a single, integrated offering.