why aren't all 75 resolved? a statement only gets an assessment when the public
record can support or contradict it. opinions and what-ifs never can, and 0 checkable
ones are still open, waiting for their date. predictions held up or didn't;
assertions are supported or contradicted. on every card:
▮▮▮▮▮ certainty ·
▮▮▮▮▮ debate potential. speakers are clickable
Disclosure
Persson: Snowflake consolidated separate GTM data teams into one central AI team
“A year ago, we had all, we all had our own. Intelligence and data teams, right? We had one within sales. There was one in marketing. Everyone has their own, but also we saw that there were some duplication of work there as well. There were some specific compet…”
Assertion Not checkable as stated
Degnan: Snowflake deployed Cursor AI to solutions engineers in six weeks
“In just six weeks we were able to roll out cursor AI to create custom demos. And custom content a whole lot faster across the entire solutions engineering team.”
Assertion Not checkable as stated
Persson: AI cuts Snowflake media team's scriptwriting time by 90%
“We have our own TV channel, Data Cloud Now. For them, they have seen that they're saving 90% in terms of Time savings for creating their scripts and preparing for interviews and everything.”
Disclosure
Persson: Snowflake internal agents run on Cortex with Anthropic and OpenAI
“These are proprietary models based, you know, using Snowflake. Cortex, and then we're using various large language models to build these agents. That could be, you know, it could be anthropic, you know, it could be, you know, OpenAI, you know, and other models…”
Assertion Supported
Degnan: Snowflake locks down and blocks unauthorized LLMs in enterprise accounts
“Snowflake enables any large language model that the customer wants to use to get access to the data, but the customer has to approve those large language models. And so, you know, if an end user, you know, within a large enterprises decides to bring in a non-c…”
Disclosure
Burton: Observe is built entirely on Snowflake infrastructure
“How much of Observe is?
Jeremy Burton: 100%.”
Assertion Not checkable as stated
Burton: Observe ingests 1PB of data and runs 190M Snowflake queries daily
“We do a hundred and ninety million Snowflake queries a day, and we ingest a petabyte of data.”
Assertion Not checkable as stated
Ramaswamy: Snowflake's initial enterprise deals typically start at $50K to $100K
“Our typical first deals are like 50 K, a hundred K. They tend to start small.”
Assertion Supported
Burton: Enterprises can burn down Snowflake commits by purchasing Observe
“Where it does play out in the larger accounts, obviously through, let's say the Snowflake marketplace, an enterprise customer may have a big commit with Snowflake. Well, they can actually burn down that commit by buying Observe.”
Assertion Not checkable as stated
Ramaswamy: Snowflake customers can expand from zero to $5M in two years
“Some of our biggest customers have gone from like zero to one to two to five or a space of two, two and a half years.”
Assertion Partly supported
Ramaswamy: Snowflake has over 750 customers paying $1M-plus annually
“Seven, seven 50, maybe more.”
Assertion Supported
Ramaswamy: Snowflake acquired Neeva for less than $1B
“Sadly, it wasn't a billion dollars.”
Disclosure
Persson: Snowflake enforces a three-day in-office hybrid work policy
“We're
In, in hybrid model, everyone is in the office three days a week”
Disclosure
Persson: Snowflake employs 300 SDRs and hires 200 annually across cohorts
“So we have about 300 SDRs and they are in seats for 15 months. Then they move into inside cells, which means that we're hiring 200 SDRs every year. So we have 10 different cohorts in our cells development academy joining every month essentially.”
Disclosure
Persson: Snowflake's next growth wave relies on AI multi-product adoption
“For us now, our growth next is really coming from multi-product
Adoption.
So that's what we are really focused on.
And of course, AI is a big part of that.
So it's our AI offering is, of course, growth opportunities for us.
Also, we're really very focused in t…”
Assertion Not checkable as stated
Snowflake Promotes 25 SDRs Quarterly, 80% Becoming Account Executives
“Today at Snowflake, we graduate on average, 25 SDRs every quarter. 80% of them go into AE roles. The other 20% go into roles in marketing, operations. We even have a school for early sales engineers.”
Assertion Not checkable as stated
Nilsson: Snowflake Has 223 SDRs, But Only One Handles Inbound Leads
“We have 223 SDRs at Snowflake. There's only one dedicated to inbound, and they monitor the drift bot.”
Disclosure
Nilsson: Snowflake Deprioritizes Out-of-TAM Inbound Leads Using LeanData
“We use a company called Lean Data. What that does is because we have our TAM introduced and seeded into our CRM database, any inbound lead that comes outside of that TAM does not get prioritized.”
Assertion Not checkable as stated
Nilsson: Industry VPs of Global Sales Development Grew Tenfold Since 2020
“When I joined Snowflake two years ago, there was only two VPs of global sales development. Today, there's about 20, and that's only going to grow.”
Disclosure
Nilsson: Snowflake SDRs Can Apply for Account Executive Roles After 15 Months
“When they get to 15 months, and they're at a certain performance level, they can put their name in the hat for a corporate account executive job”
Assertion Supported
Snowflake Expanded to a Data Platform Market at $500M Revenue
“When they got to 500,000,700 million, they actually changed the market. They picked a different market. They used to be in the data warehouse market. Uh-uh, that's not a big enough market, and they deliberately shifted their market To more, to a more broad dat…”
Assertion Supported
Snowflake raised $1B+ to fight Amazon and Google on price
“There was a similar company called Snowflake Computing. So they took a route of two by raising one billion dollar plus.”
Assertion Partly supported
Snowflake set the SaaS benchmark with a 168% NRR at IPO
“Snowflake, I mean, really setting the bar for all of us, I don't, I'm, I don't know. I feel like this bar is incredibly high, but, you know, very aspirational at a 168%.”
Assertion Supported
Nixon: Snowflake's net dollar retention rate is 169%
“I guess, you know, Snowflake has a 169% right now.”
Assertion Supported
Deeter: Snowflake had the largest software IPO in history
“Snowflake became the single largest IPO in in software history.”
Assertion Partly supported
Persson: Snowflake expanded into over 40 countries in eight years
“We have, of course, expanded into over 40 countries, right, in the last eight years.”
Disclosure
Snowflake Operates a Dedicated 30-Day Onboarding Academy for SDRs
“And we've built what's called the Snowflake Sales Development Academy. It is built for the SDR, so we're not throwing our SDRs in an onboarding and enablement that's filled with sales engineers and marketers and quota carrying salespeople. It's purpose-built f…”