In this episode, Bob recounts Snowflake’s impressive Q1 growth and the challenges ahead amid likely economic and competitive turbulence.
Highlights
00:01 — Snowflake reported 84% (or more than $400 million) in cloud revenue growth in its quarter ending April 30. The company has been on a strong run under the guidance of CEO Frank Slootman but faces perhaps its biggest challenge yet in the months ahead.
00:40 — Can Snowflake stay on the A-list for CXOs making cloud tech decisions amid inflationary pressures and rising competition from major cloud providers?
02:16 — Slootman routinely takes Snowflake on the offensive, rather than waiting to react to changing circumstances.
02:55 — Bob predicts the company’s Q2 earnings will show revenue growth of around 75%.
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