It is happening - Snowflake on track to generate about $2 billion in revenue this fiscal year. TDC will not be close to $2B. Teradata “management” watched it happen for six years before scrambling with a “CloudFirst” strategy. And the board was MIA. SM can’t spin this. #TDCGotSnowballed
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Contrary to popular belief, market cap is not the real indicator of a company’s worth. It is a bunch of hedge fund managers that almost decide the market cap for a company’s
The real worth is revenue generated and net profit per capita employee. Just google it.
While SF has incredible valuation, its revenue has now surpassed TDC. Such a shame for us.
Market Cap is ultimately the measure. Snowflake $43B, TDC $3.7B
How much was their net revenue?
Even though their stock price has more than halved over the past 12 months. I remember when the kids were saying it was going to hit $1000 a pop within 3 months. They're now underwater those poor kids because they believed in the hype. Hahaa
Is the ‘CTO’ embarrassed re: his position on cloud years ago?
Yes, but snowflake is burning 🔥 the money... right?