Wed.Aug 11, 2021

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Weekly Valuations: Snowflake

Valutico

Weekly valuations: Snowflake. Last september, Snowflake made history with the biggest IPO pop since at least a decade, and since then the stock has held up these early gains. A darling of the tech industry since its founding in 2012, the company is growing impressively and reaching a half billion dollars in revenue in FY 2021, but with a valuation of $82Bn and resulting implied revenue multiple north of 150x, can Snowflake sustain this valuation for longer, let alone grow it further?

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