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Business / Stock Market

Snowflake Looks Like A Risky Bet At A $60 Billion Plus Valuation

Published Sep 29 2020 at 2:00 PM GMT
Forbes

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  • Snowflake, the cloud-based data warehousing company that went public recently, is valued at about $60 billion, or about $220 per share.
  • The company trades at a whopping 230x trailing Revenues - well above many other high-growth SaaS names.
  • Can Snowflake justify this valuation' In our interactive.
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  • Published Sep 29, 2020 2:00 PM GMT