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Thursday, September 17, 2020
Snowflake Inc. produced the biggest initial public offering for a U.S. software company in history this week, and that may not even be the most astounding feature of its first share sale.
“They’re bringing an Amazon-like approach to data warehousing,”
Snowflake is taking that approach on cloud platforms that offer their own solutions, however. Google’s BigQuery, for instance, also offers a variable pricing structure, and Amazon’s Redshift is considered to be the biggest player around.