Why Snowflake Is Poised To Become the Facebook of Cloud Data Storage
Snowflake Inc (NYSE:SNOW) launched its venture arm only eight months ago and has already garnered a number of sizable investments under its belt — all geared towards bolstering its vision of a Data Cloud, a single place where companies can organize all of their data assets to ensure they comply with emerging regulations. Q1 2021 hedge fund letters, conferences and more Just as Facebook built its own ecosystem by acquiring Instagram and What’sApp, there's a real opportunity for Snowflake to create its own data ecosystem through its venture arm. The company has made five other investments to dat...