Saturday, September 19, 2020

At Snowflake's IPO price, Sutter Hill Ventures' stake was worth $5.9B, Altimeter Capital's ~$4.4B, ICONIQ Capital's $4B+, Redpoint's $2.6B, and Sequoia's ~$2.5B (Sophia Kunthara/Crunchbase News)

Sophia Kunthara / Crunchbase News:
At Snowflake's IPO price, Sutter Hill Ventures' stake was worth $5.9B, Altimeter Capital's ~$4.4B, ICONIQ Capital's $4B+, Redpoint's $2.6B, and Sequoia's ~$2.5B  —  Data warehousing company Snowflake went public on Wednesday in the largest software IPO ever, raising nearly $3.4 billion and valuing the company at $33.2 billion.



No comments:

Post a Comment

MediaTek says it has started to use Intel Foundry's advanced chip packaging in addition to TSMC's, as the mobile chip designer bets on AI demand for growth (Cheng Ting-Fang/Nikkei Asia)

Cheng Ting-Fang / Nikkei Asia : MediaTek says it has started to use Intel Foundry's advanced chip packaging in addition to TSMC's...