Frank Slootman, CEO of Snowflake, on the day of the company’s initial public offering on Sept. 16, 2020. CNBC Snowflake said on Wednesday that billionaire CEO Frank Slootman, who joined the cloud software company in 2019 and took it public the following year, is retiring and will be replaced by former Google ad chief Sridhar … Read more
Olivier Pomel, co-founder and CEO of Datadog, speaks at the company’s Dash conference in San Francisco on Aug. 3, 2023. Datadog Shares of cloud monitoring software firm Datadog surged as much as 30% in Tuesday trading after the company reported stronger-than-expected third-quarter earnings and full-year guidance. The company reported quarterly revenue of $547.5 million, up … Read more
Israeli soldiers on a tank are seen near the Israel-Gaza border. Ilia Yefimovich | Picture Alliance | Getty Images On Saturday, Dvir Ben-Aroya woke up expecting to go on his regular morning run. Instead, he was met with blaring alarms and missiles flying over Tel Aviv. Ben-Aroya, co-founder of Spike, a workplace collaboration platform with … Read more
Instacart, the grocery supply firm that slashed its valuation throughout final 12 months’s market slide, filed its paperwork to go public on Friday in what’s poised to be the primary vital venture-backed tech IPO since December 2021. The inventory will likely be listed on the Nasdaq underneath the ticker image “CART.” In its prospectus, the corporate … Read more