Actually, it is quite the opposite. Once an enterprise software company has crossed the $40m revenue threshold, has low churn, and growth is >2x, you got yourselves a winner.

Now Snowflake has grown 3x over consecutive years, and with all these big enterprises coming in, there has gotta be a true advantage.

Now the question is if this current advantage can survive an upgrade of say e.g. the capabilities of Amazon Redshift, that moves the latter to almost feature parity.