facebookSnowflake IPO, would you buy? I think their revenue retention rate of 158% is pretty impressive. Cloud computing and data analytics seem like the way forward as well.? - Seedly

Anonymous

14 Sep 2020

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General Investing

Snowflake IPO, would you buy? I think their revenue retention rate of 158% is pretty impressive. Cloud computing and data analytics seem like the way forward as well.?

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The upcoming Snowflake IPO is the most anticipated tech IPO of the year. Investors should decide in advance how much are they willing to pay as Snowflake will definitely test the upper limits of what it means to have a stretched valuation. The company has definitely attracted a ton of attention after Berkshire Hathaway announced that it will take part in the IPO as well. Today, I attempt to breakdown Snowflake as a company to help you better understand all that you need to know before investing in them.

https://sgstockmarketinvestor.com/snowflake-ipo/

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Sharon

07 Sep 2020

Life Alchemist at School of Hard Knocks

If you really want to invest in Snowflake, I'd suggest to do proper portfolio allocation - this is to protect your downside.

e.g. 80% in 4-5 companies that you've strong conviction. 20% in 4-5 companies that you want to be part of their growth story but maybe riskier.

Being an investor can sometimes be like a venture capitalist. You'll need to deep dive into the quanlitative (esp. the management), not just the quantitative metrics.

Personally, I'd prefer a founder-led company. Not just having skin in the game, but they're also emotionally attached to their strong conviction of establishing the company.

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Maisul

04 Sep 2020

Youtuber at Google (Channel : Say Do Invest)

The thing about IPO is that the rich people have the privelage of buying the stock way earlier befor...

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