Snowflake, in an updated IPO filing, listed a price target of $75 to $85 per share. This could value the data analytics startup at more than $22 billion–or nearly double its $12.5 billion valuation after its last funding in February. The update, in which Snowflake also revealed that Berkshire Hathaway and Salesforce have agreed to each buy at least $250 million in Snowflake stock at its IPO...
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The People With Power at Robinhood
Last year, as Robinhood’s trading activity boomed and legal problems mounted, the $11.7 billion startup shook up the ranks of its senior staff. The turnover means many top employees will be relative newcomers at the time of its anticipated public listing this year. The Menlo Park, Calif., company saw the departures of its head of international expansion and its general counsel, among...
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