Assertion Supported AI assessment confidence: 98% certainty 4/5 debate potential 1/5

Gabriele: Snowflake grew revenue 105% with 178% net retention

Mario Gabriele · Arena Show Part I: Idea Dinner + YC Continuity · Acquired · May 12, 2022 · at 11:18

Mario Gabriele highlights Snowflake's enterprise metrics during his stock pitch at the Acquired Arena Show.

0:00 / 0:07exact quote · 7.9s

▶ Watch the full episode on YouTube → 720p mp4 · rendered on demand · StarZero watermark

“Revenue's up about a 105% net retention is one 78. It was one 68 the year before.”

quote is from the automated transcript, cleaned for reading: filler sounds and stutters are removed, nothing is rephrased. names can be misheard (the analysis reads context, assessments check outside sources). how →

The claim, plainly

Snowflake's revenue increased by about 105% year-over-year, and its net revenue retention rate rose from 168% to 178%.

a quote alone can be ambiguous, so this restates it with the references and context of the conversation around it resolved. AI-written; the tape below the player is the source.

Assessment

Both components of Mario Gabriele's claim are directly confirmed by Snowflake Inc.'s FY2022 SEC filings (Form 10-K for the fiscal year ended January 31, 2022). Snowflake reported full-year FY2022 revenue of $1,219.3 million compared to $592.0 million in FY2021, representing 106% year-over-year growth (matching 'about 105%'). Additionally, Snowflake reported a dollar-based net revenue retention rate of 178% as of January 31, 2022, up from 168% as of January 31, 2021.

Snowflake Inc. Form 10-K for the fiscal year ended January 31, 2022 reported total revenue of $1,219.3 million vs $592.0 million for FY2021, representing 106% YoY growth.
Snowflake Inc. Form 10-K for FY2022 confirmed a net revenue retention rate of 178% as of January 31, 2022, compared to 168% as of January 31, 2021.

Checked against

[1] sec.gov [2] snowflake.com [3] sec.gov [4] snowflake.com [5] sec.gov [6] sec.gov [7] sec.gov

"Snowflake Reports Financial Results for the Fourth Quarter and Full Year of Fiscal 2022" "Full Year Fiscal 2022" revenue "Total revenue" "1,219.3" OR "1,219,327" "592,049" "Snowflake" "Snowflake" "Form 10-K" "January 31, 2022" "net revenue retention" OR "net retention rate" "178%" "Snowflake" "January 31, 2021" "January 31, 2022" "168%" OR "178%" "net revenue retention"

assessed as of 2026-09-05

This assessment is an AI reading of a public statement, made against the cited references with the confidence shown. It can be wrong. The quote, the tape and the references are all on this page; if something is off, use report an error below. full disclaimer →

Mentioned

Snowflake

⚑ Spot an error? Report it

More from Mario Gabriele

Prediction Not checkable as stated

Gabriele: Snowflake stock will perform extremely well over next three years

“I think over a three plus year time horizon, it can do extremely well. It is a play that summarizes the growth of data in the technology industry, which feels like a safe bet.”

Mario Gabriele May 12, 2022 ▶ 12:02 Arena Show Part I: Idea Dinner + YC Continuity · Acquired

Assertion Supported

Gabriele: FTX headcount neared 200 employees by late 2021

“I think it is, you know, just pushing 200, and when I sort of wrote my pieces in, in summer it was closer to, I want to say, 70, 75.”

Mario Gabriele Dec 15, 2021 ▶ 3:24 FTX with Sam Bankman-Fried & Mario Gabriele (Extended Cut) · Acquired

Gabriele: Snowflake grew revenue 105% with 178% net retention

More from Mario Gabriele

Turn any episode into a week of clips.