Snowflake CEO Frank Slootman, second from remaining, and cofounder Benoit Dageville, left, pose right right here with cofounder Thierry Cruanes and CFO Mike Scarpelli. All four are big winners in Snowflake’s IPO, with Slootman and Dageville now billionaires.
Natalie and Cody Gantz
Cloud database business Snowflake launched dealing on Wednesday at significantly more than double its list cost, making CEO Frank Slootman, ex-CEO Bob Muglia and cofounder Benoit Dageville billionaires.
As public-market investors clamor for stocks of cloud computing standout Snowflake, the business’s outsize first-day stock performance has generated a few billionaires from the present and previous professionals. Continue reading