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16 September 2020, 2:31 pm

Stock market blizzard: Snowflake set for £33bn IPO as valuation bubble keeps on expanding go.theregister.com

Stock market blizzard: Snowflake set for £33bn IPO as valuation bubble keeps on expanding




The price? 'ridiculous for a company that is still loss-making' - analyst

Cloud data warehouse slinger Snowflake has set an IPO price valuing the company at $33bn, making it nominally worth more than US retailer Best Buy or UK supermarket chain Tesco.…

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