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Snowflake's Frank Slootman shuns feel-good liberal ethos of Big Tech - Vimarsana News

Snowflake's Frank Slootman shuns feel-good liberal ethos of Big Tech

This story is available exclusively to Insider subscribers. Become an Insider and start reading now. Insiders say the CEO doesn't care about social causes. He's focused on making shareholders money. A crewmember said Slootman stopped sailing competitively because "everybody was out to get him." When he became CEO of Snowflake, Frank Slootman cut costs, including the company ski trip to Tahoe. In July 2017, two years before he took over as the chief executive of Snowflake, Frank Slootman raced 2,225 miles across the Pacific Ocean, from the California coast t...

The 15 Largest US Tech Startup Funding Rounds of January 2021 - Vimarsana News

The 15 Largest US Tech Startup Funding Rounds of January 2021

AlleyWatch Armed with some data from our friends at CrunchBase, I broke down the largest US startup funding rounds from January 2021. I have included some additional information such as industry, company description, round type, founders, and total equity funding raised to further the analysis. The TechWatch Media Group audience is driving progress and innovation on a global scale. With its regional media properties (NYC Tech, LA Tech, London Tech, Paris Tech, Boston Tech) TechWatch Media Group is the highway for technology and entrepreneurship. There are a number of options to reach this au...

How Mike Speiser and Sutter Hill are changing the rules for venture investing - Vimarsana News

How Mike Speiser and Sutter Hill are changing the rules for venture investing

How Mike Speiser and Sutter Hill are changing the rules for venture investing CNBC 1/24/2021 Jordan Novet Mike Speiser, an investor at Sutter Hill Ventures and the original CEO of Snowflake, is now aiming his attention at a cloud security start-up, Lacework. Several Sutter Hill start-ups are using Lacework, just as its portfolio companies adopted Snowflake. Investors have noticed the track record at Sutter Hill and are now trying to replicate it. © Provided by CNBC Mike Speiser Venture capitalist Mike Speiser had a historic 2020. His firm, Sutter Hill Ventures, turned an ...

Source: msn.com
Lacework Closes a $525 Million Growth Round to Scale Up Infrastructure Security for the Cloud Generation - Vimarsana News

Lacework Closes a $525 Million Growth Round to Scale Up Infrastructure Security for the Cloud Generation

Press release content from Business Wire. The AP news staff was not involved in its creation. Lacework Closes a $525 Million Growth Round to Scale Up Infrastructure Security for the Cloud Generation January 7, 2021 GMT SAN JOSE, Calif.--(BUSINESS WIRE)--Jan 7, 2021-- Lacework, the security platform for the cloud generation, today announced a $525 million growth round with a valuation of over $1 billion. Led by Sutter Hill Ventures and Altimeter Capital, and joined by D1 Capital Partners, Coatue, Dragoneer Investment Group, Liberty Global Ventures, Snowflake Ventures and Tiger Global Managemen...

Source: apnews.com
Intrawest Resorts (NASDAQ:SNOW) - Early Snowflake Backers Can Sell 37.9M Shares Today: What Investors Need To Know - Vimarsana News

Intrawest Resorts (NASDAQ:SNOW) - Early Snowflake Backers Can Sell 37.9M Shares Today: What Investors Need To Know

Share: Snowflake Inc (NYSE: SNOW) could see fresh selling as the lock-up period ends on more than 37.9 million shares today, the company said in an SEC filing last week. What Happened: Snowflake’s strong stock performance since its September listing has seen the stock appreciate by 123%. This has triggered a premature easing of restrictions or lock-up period allowing non-employee shareholders to sell up to 25% of their vested options, representing 37,904,494 shares. Barron’s reports that Deutsche Bank analyst Patrick Colville repeated his Hold rating for Snowflake on Tuesday, cutti...