Reply to post: That valuation is just crazy.

Stock market blizzard: Snowflake set for £33bn IPO as valuation bubble keeps on expanding

Anonymous Coward
Anonymous Coward

That valuation is just crazy.

We're talking about an almost 400-to-1 price to REVENUE multiple, much less an actual price-to-earnings multiple. And I have not heard anybody say that Snowflake's actual analytical offering is that great, its just that you can order it in the cloud instead of having your data warehouse on-prem.

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