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by kthejoker2 1567 days ago
This seems like a lot of money? I like Streamlit fine but I don't see $800m of value in it or even its potential.

What am I missing?

On the other hand, definitely encouraging me to go start a side hustle building some ML-tinged BI app on top of Dremio or Fugue or Materialized or Datadog or some other contender for data platform du jour and just hunt down Fortune 500 users to give it away to in exchange for (9 figure!) clout.

4 comments

Right, Streamlit is decent but the price tag is a headscratcher. It's not as if there aren't plenty of other mature Python dashboarding solutions.

https://medium.datadriveninvestor.com/streamlit-vs-dash-vs-v...

It's par for the course of snowflake really not understanding data visualization or how their end users need a UI to be (no find replace still for example!)
On a more serious note though, my hunch is it's about the trajectory
It’s probably not much cash and mostly using equity that’s locked up for multiple years since snowflake is public.
There are two numbers - a) what is it worth, b) if Snowflake own it what is it worth to their shareholders.

Probably worth ~100mil (idk?) - however, probably adds a billion to snowflakes market cap, hence the pricetag.

let me know too.