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@SnowflakeDB
ownership pre-IPO
Current CEO, Frank Slootman: 5.9%
Altimeter: 14.8%
ICONIQ: 13.8%
Redpoint: 9%
Sequoia: 8.4%
Sutter Hill Ventures: 20.3%
Sutter Hill going to make $5B on Snowflake -- historic and underhyped Silicon Valley VC that actually builds companies
@JonahLupton
@SnowflakeDB
Not sure but it’s a great question. I know they played a pivotal role in assembling the founding team and early execs, as well as customers.
@chriszeoli
@SnowflakeDB
The crazy thing is that Frank Slootman, the CEO, joined Snowflake in May of 2019 and in 1 year has more equity in the company than Benoit Dageville, one of the co-founders.
@evisdrenova
@SnowflakeDB
It is a lot. He was Ceo of servicenow though. Not just any exec. The founders should all be billionaires in a short amount of time too though :)