Snowflake's IPO could mean a hefty payday for investors and execs - Business Insider

  • 📰 BusinessInsider
  • ⏱ Reading Time:
  • 23 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 12%
  • Publisher: 51%

United States News News

United States United States Latest News,United States United States Headlines

Snowflake's IPO will likely lead to a hefty payday for investors like Sutter Hill Ventures, ICONIQ and Sequoia — and for the $12.4 billion cloud startup's execs, including ex-CEO Bob Muglia

and start reading now.

Slootman, who led the successful IPOs of such tech names as ServiceNow and Data Domain, has a 5.9% stake in the cloud startup which was last valued at $12.4 billion and is said to be aiming for an IPO valuation of $20 billion.Click here for more BI Prime stories. Sutter Hill Ventures, one of Snowflake's early investors, appeared poised for a big return on investment with a 20.3% voting stake in the company, according to the filing.

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 729. in US
 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.

United States United States Latest News, United States United States Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Snowflake agreed spend to $1.2 billion on cloud services, uses AWS - Business InsiderBusiness Insider is a fast-growing business site with deep financial, media, tech, and other industry verticals. Launched in 2007, the site is now the largest business news site on the web. GUESS WHAT? We have a 10% off coupon going around for ALL purchases $20 and OVER. The coupon expires: August 30th 2020 at 12 AM (Eastern Time). START SHOPPING BEFORE ITS EXPIRED! Use coupon: SIMPLESPIRITZ10 for 10% of all purchases $20 and over. Link is in our bio! START BUYING
Source: BusinessInsider - 🏆 729. / 51 Read more »

Hollywood billionaires: Wealthiest celebrities and entertainment execs - Business InsiderBusiness Insider is a fast-growing business site with deep financial, media, tech, and other industry verticals. Launched in 2007, the site is now the largest business news site on the web. شرح بسيط في التداول في الخيارات الثنائية هنا على الرابط٠...للاشخاص المهتمين بربح من الانترنات Bitcoin Hey Twitter.. Inaccurate info tweet alert… Jay Z is Not Hollywood. I’d even not include Oprah. so If Kylie produces a comedy - she’ll be a Hollywood Billionaire.. Suddenly?
Source: BusinessInsider - 🏆 729. / 51 Read more »

Billionaire Investor Leon Black will be subpoenaed in Jeffrey Epstein Case: NYT - Business InsiderBusiness Insider is a fast-growing business site with deep financial, media, tech, and other industry verticals. Launched in 2007, the site is now the largest business news site on the web.
Source: BusinessInsider - 🏆 729. / 51 Read more »

7 cities real estate investors should target in the 2020s, from a CEO - Business InsiderBusiness Insider is a fast-growing business site with deep financial, media, tech, and other industry verticals. Launched in 2007, the site is now the largest business news site on the web. Do you want to grow your business? Do you want to find your targeted people? Would you like to send your offer via email to the people in your target area?
Source: BusinessInsider - 🏆 729. / 51 Read more »

Investors can identify investment potential with this strategy - Business InsiderBusiness Insider is a fast-growing business site with deep financial, media, tech, and other industry verticals. Launched in 2007, the site is now the largest business news site on the web. Talk about clickbait. $3.5 million portfolio is one house in Sydney. Check out my Gig on Fiverr: Do You Want To create 3d Amazing Video Intro Logo Animation Video In $5 ? Contact Me : LogoAnimation MadeOnFiverr Top Logo Animation Best Logo Animation
Source: BusinessInsider - 🏆 729. / 51 Read more »