|
|
|
|
|
|
by discodave
1395 days ago
|
|
|
> Every dollar of Snowflake revenue is a dollar of revenue that Amazon, Google, Microsoft and Databricks are fighting for. This is true, but misses one detail... Snowflake runs in the cloud so every dollar of Snowflake revenue is roughly $0.40^1 of Amazon/Google/Microsoft revenue anyway. ^1: Snowflakes gross margin is in the range of 50-60% https://www.macrotrends.net/stocks/charts/SNOW/snowflake/gro... |
|
|