Re:Snowflake S-1
by stefan_ on Monday August 24, 2020 @04:58PM
(#24265432)
It's absurd. How can you trust any of their "growth" numbers? For all we know, they are paying people $10 to give them $8 in revenue.
[ Parent
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Or is it $8/year for several years? The question is what is Snowflake’s net-churn rate.
Re:Snowflake S-1
by TheMagicHorsey on Monday August 24, 2020 @05:01PM
(#24265459)
I was thinking the same thing. It seems so absurd that I fear I probably do not know how to read these financial statements correctly.