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

YouTube launches a Premium paywall for song lyrics on YouTube Music, after testing it in recent months; users get five free lyrics before they have to subscribe (Abner Li/9to5Google)

Abner Li / 9to5Google : YouTube launches a Premium paywall for song lyrics on YouTube Music, after testing it in recent months; users get...