Snowflake whipped up a massive $12.4 billion valuation with a $479 million Series G megafunding round, the company said Friday. San Mateo-based Snowflake, which is still flush with cash from its 2018 round of $450 million, decided to seek another large round because it wanted to attract Salesforce (NYSE: CRM) as a strategic investor, CEO Frank Slootman told me. It is part of a strategic alliance with Salesforce that we initiated. Read More...
Longest sentence yet handed down in admissions scandal
A federal judge in Boston sentenced Douglas Hodge, ex-CEO of the Pimco investment firm, for paying $850,000 in bribes to get four of his children admitted to elite private universities.
How long he must serve »
Add Comment