How I Built Three Billion-dollar CompaniesㅣFrank Slootman, CEO at SnowFlake 

yes sr

Correct. With Snowflake and ServiceNow he came in years after they had been created. He’s great at taking fast growing companies and making them scale up. He’s not a founder “initial idea” sort of guy (which is fine)

@@jg5875 it is a completely different skill...it's like saying I'm a great marketer when I'm a software developer. Both are valuable roles but drastically different

@@jg5875 a CEO who joined a few years ago when a company was already worth several 100s of millions, did not build the company. Props to growing it, but "building to a billion dollars" is extremely misleading and insulting to founders everywhere

Agree!!

​@@dhruvbhatia7 cry me a river cry me cry me -Justin Timberlake

Exactly the same thought. He must be compensating the employees well for the fast pace work culture he requires. Otherwise the retention rate of employees will be lower.

😮

Hope you feel better soon. You got this 😊

same dude 👌

He studied economics not cs

@@resa574 I’m studying both, but struggling with the CS part 😭

@@resa574he studied Econ but works in a cs dominated field so both degrees would be useful as he has great understanding of tech as well

Glad you enjoyed it!

He invested millions of his own money into the project. He runs the project all day. He had yeh stressful task of managing people and the project. And he supports the economy and pays many millions in taxes which support you and the people. He provides good and services for people, like the one you are using right now to text. He risked so much, and it payed off - and so he got rewarded.

@@ceotension4525 he didn’t join the company until may 2019. He did not fund or invest into the creation of the company. He joined shortly before it IPOed

If a fast pace gives you anxiety, you're the one with mental health problems not him. He clearly explained how a fast pace is beneficial to all in the organization

😅😅😂😂😂 I didn't expect this comment.

Looking thru the company financial statements, the numbers indicate likely 2021Q2 it reached the $1 billion threshold (given 2019 calendar year overall revenue was only $592m as detailed in the annual report). This suggests the company reached the $1 billion threshold by Age 9ish. Anyone has any thought to if that's indeed the truth to be the fastest record in history? 😆

@@sppcc2006 Snowflake is an impressive success story in terms of revenue growth. While it did not reach $1 billion in revenue faster than Salesforce, it did achieve this milestone in a record-breaking time frame for a software company in the modern era.

Oh now I see

There are 2 buttons on the side of your phone try pressing the top one

He's talking about revenue not valuation. OpenAi isn't even close to that, the last testified number is 30 million revenue. And in terms of valuation OpenAI certainly isn't worth 1 trillion 😂 (~50x SNOW)

Tell me how you really feel tho

Feel you bro

Like it or no these are the people that improve the world.

@@00doblecero That's what you learned to believe.

@@pierrew1532 he will be in history books, you won’t. That’s the reality you like it or not.

You are an idiot if you can’t understand

Vast majority of entrepreneurs are not white. Maybe not in the western world, but around the globe. The color of one's skin is irrelevant to success. Luck is the main factor. However increasing ones chances is the name of the game. Working harder, being in the right industry, etc. It all just increases the chances for success, nothing guarantees it.

He said it himself, it's about having the right cards and know how to play them right. Some of the things you said may be relevant, but it's also because he knows what cards he have and how to play them. I don't think it's an excuse to limit ourselves just because of the thing you mentioned. Just gotta know what cards you have, and find the right opportunities to play those cards.

It's interesting how people like you step out of the woodworks at exactly the worst times. There are tons of people who have gotten where they are due to privilege and plain luck but of course you have to pick on one of the examples where this is obviously not true. As he said in the video he had to take jobs that no one else wanted because he's a foreigner. That discredits any sort of privilege you're talking about. He also said (were you even listening??) that you need a good hand AND you need to know how to play it. So yes he hopped on to the right elevator at the right time but he probably hopped onto many wrong ones as well. But overall, having gone through the journey of creating 3 successful businesses it cannot just be about luck or about privilege. One success? Certainly possible, maybe probable due to luck. Two? Slight chance. Three times? No way it can be luck, that would be exceedingly rare. It's much more likely he knows exactly how to run a profitable business than the other way around. What he's saying in the video sounds very actionable to me unlike many other "gurus" who cannot back up their claims. This is the first time I've ever heard of this man and for once I'm actually impressed by a businessman and what he has to say.