A Look At Snowflake's S-1
*This is not financial advice. All content should be considered opinionated. We are not responsible for any of your gains and losses. I am neither a licensed nor a registered financial expert. Please see a financial advisor before making investment decisions. Lately, Snowflake filed their S-1 as it is looking to go public. With tech valuations being higher than never, many startups are looking to take advantage of these times and go public. As the economy continues to take a toll from the coronavirus pandemic, Snowflake happens to be thriving at the same time. What makes Snowflake a unique company isn't its fast-growing revenue. It's the business Snowflake is in. Snowflake created a technology that allows companies to store and manage their data in the cloud. Because Amazon, Google, and Microsoft are the two other big companies that are doing that, Snowflake is essentially a direct competitor to these firms and specifically to their core businesses. In other words, Snowflake...
