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by non_sequitur 1479 days ago
Random observation as this quote stood out: "Snowflake is worth $70 billion, even after its stock’s brutal five-month slide"

The article was written April 8, so ~6 weeks ago. As of May 26, Snowflake is worth $39B. Crazy how fast things can change.

1 comments

if you liked it at 70, you should LOVE it at 39 :) unfortunately their latest earnings showed a significant decline in revenue growth as well down from the often cited 100%yoy number down to 80%