• 3 Snowflake founders are now officially billionaires after the Buffett-backed data storage company's record-breaking IPO

    5 days ago - By Business Insider

    Snowflake CEO Frank Slootman is now a billionaire.
    Snowflake CEO Frank Slootman, former CEO Bob Muglia, and cofounder Benoit Dageville are now billionaires after the data storage firm's blockbuster IPO, Forbes reported.
    The eight-year-old data storage firm shot up as much as 165% in mid-day trading in what is so far the biggest IPO of 2020, and the biggest software IPO of all time.
    Even before his official induction into the three-comma club, Slootman was already paid more than the CEOs of Oracle, Microsoft, and Salesforce because of the startup's complex executive compensation...
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