Habana Mike Posted September 1, 2020 Share Posted September 1, 2020 Watch this one: https://www-forbes-com.cdn.ampproject.org/c/s/www.forbes.com/sites/petercohan/2020/08/28/3-reasons-to-buy-into-snowflakes-ipo/amp/ 1 3 Link to comment Share on other sites More sharing options...
Bijan Posted September 1, 2020 Share Posted September 1, 2020 Is the date and/or the ticker determined yet? Link to comment Share on other sites More sharing options...
Habana Mike Posted September 1, 2020 Author Share Posted September 1, 2020 Ticker is SNOW. Can't say regarding the timing. All in the S-1 A fair few tech companies filed last week 2 Link to comment Share on other sites More sharing options...
Meklown Posted September 1, 2020 Share Posted September 1, 2020 I know I will be in the ballot for Ant Financial! 1 Link to comment Share on other sites More sharing options...
BrightonCorgi Posted September 1, 2020 Share Posted September 1, 2020 Snowflake has been a hot technology for a little bit. 1 Link to comment Share on other sites More sharing options...
Rhinoww Posted September 1, 2020 Share Posted September 1, 2020 Thanks Mike. Good luck. 1 Link to comment Share on other sites More sharing options...
PaulPower Posted September 1, 2020 Share Posted September 1, 2020 As a rule, I avoid them. What makes snowflake specialty.Sent from my iPhone using Tapatalk Link to comment Share on other sites More sharing options...
BoliDan Posted September 5, 2020 Share Posted September 5, 2020 (edited) Interesting. Cirrently relevant with the cloud wars and a lot of start ups able to switch. I just never see this in the running like oracle, salesforce, SAP etc... Hesitant. You can mock me when it takes off... We are on Oracle 12c, and switching is nearly impossible because we have over 12,000 modifications [in our middleware] based on sqlplus and oracle exclusive dependencies on a HOME and BASE structure. Got us by the balls. I expect a lot of old companes also fell in this trap. Edited September 5, 2020 by BoliDan Link to comment Share on other sites More sharing options...
Habana Mike Posted September 5, 2020 Author Share Posted September 5, 2020 On 9/4/2020 at 11:27 PM, BoliDan said: Interesting. Cirrently relevant with the cloud wars and a lot of start ups able to switch. I just never see this in the running oracle, salesforce, SAP etc... Hesitant. You can mock me when it takes off... We are on Oracle 12c, and switching is nearly impossible because we have over 12,000 modifications based on sqlplus and oracle exclusive dependencies on a HOME and BASE structure. Got us by the balls. I expect a lot of old companes also fell in this trap. Oh yes. I know the Oracle game very well. Been competing with them for 30 years! My brother in law worked there for a while. Has his own business now. I've forgiven him On 9/1/2020 at 3:45 PM, PaulPower said: As a rule, I avoid them. What makes snowflake specialty. One of the fastest growing SaaS companies. One of the largest technology investment Sequoia Capital made. There's that...and this 2 Link to comment Share on other sites More sharing options...
BrightonCorgi Posted September 5, 2020 Share Posted September 5, 2020 8 hours ago, BoliDan said: Interesting. Cirrently relevant with the cloud wars and a lot of start ups able to switch. I just never see this in the running oracle, salesforce, SAP etc... Hesitant. You can mock me when it takes off... We are on Oracle 12c, and switching is nearly impossible because we have over 12,000 modifications based on sqlplus and oracle exclusive dependencies on a HOME and BASE structure. Got us by the balls. I expect a lot of old companes also fell in this trap. Dockers or Kubernetes will make it easier for new technology in the cloud. Link to comment Share on other sites More sharing options...
Habana Mike Posted September 10, 2020 Author Share Posted September 10, 2020 Motley Fool analysis https://www.fool.com/investing/2020/09/09/could-snowflake-be-a-millionaire-maker-stock/ Berkshire seems to believe in it...... 2 Link to comment Share on other sites More sharing options...
La_Tigre Posted September 10, 2020 Share Posted September 10, 2020 Looks good but likely way over ipo to the rest of us plebs. Link to comment Share on other sites More sharing options...
Rhinoww Posted September 10, 2020 Share Posted September 10, 2020 Is there a date for the ipo? 2 Link to comment Share on other sites More sharing options...
Habana Mike Posted September 10, 2020 Author Share Posted September 10, 2020 10 hours ago, Rhinoww said: Is there a date for the ipo? No official date announced as of yet. Link to comment Share on other sites More sharing options...
SmokyFontaine Posted September 11, 2020 Share Posted September 11, 2020 Picking up Twilio for $30/share has worked out pretty well for me 1 Link to comment Share on other sites More sharing options...
Habana Mike Posted September 11, 2020 Author Share Posted September 11, 2020 Roadshow (virtual!) 1 Link to comment Share on other sites More sharing options...
Habana Mike Posted September 14, 2020 Author Share Posted September 14, 2020 Repriced due to demand following the roadshow! Link to comment Share on other sites More sharing options...
Rhinoww Posted September 14, 2020 Share Posted September 14, 2020 Congrats. Now that just has to hold for at least six months ?? Link to comment Share on other sites More sharing options...
Habana Mike Posted September 14, 2020 Author Share Posted September 14, 2020 10 minutes ago, Rhinoww said: Congrats. Now that just has to hold for at least six months ?? Top of page 129 in the S1..... Link to comment Share on other sites More sharing options...
fungi Posted September 14, 2020 Share Posted September 14, 2020 Excited to see how this plays out. The suspense is terrible. I hope it lasts. -W. Wonka Link to comment Share on other sites More sharing options...
Bijan Posted September 16, 2020 Share Posted September 16, 2020 @Habana Mike tomorrow? Link to comment Share on other sites More sharing options...
Yellot00tr Posted September 16, 2020 Share Posted September 16, 2020 Salesforce might be the play. Buy into earnings before 12/1. They have upside exposure. 1 Link to comment Share on other sites More sharing options...
Yellot00tr Posted September 16, 2020 Share Posted September 16, 2020 They’re also pricing at $120 tomoro 1 Link to comment Share on other sites More sharing options...
Habana Mike Posted September 16, 2020 Author Share Posted September 16, 2020 1 hour ago, Bijan said: @Habana Mike tomorrow? If you believe Forbes... 1 Link to comment Share on other sites More sharing options...
Yellot00tr Posted September 16, 2020 Share Posted September 16, 2020 It's set to begin trading today. Let's see what it soars up to today. 160 a share wouldn't be a shocker. Might be higher based on the overall markets and fed response later. If this thing rages high, I can see it pulling the whole tech sector up with it. The sheer excitement when AAPL hit $2T valuation drove the markets nuts. No options pricing. Link to comment Share on other sites More sharing options...
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