How I Built Three Billion-dollar CompaniesㅣFrank Slootman, CEO at SnowFlake

[@entreprenuership_opportunities]

🎧 Check out the extended version of the interview on our podcast - Spotify: spoti.fi/41psd6J - Apple Podcast: apple.co/40pNGLF

[@maxkrupenko]

• Embrace struggle and failure. It’s a norm. Successes are rare. • Failure doesn’t mean you’re not good, it means you have to learn. • 3C for a great leader: courage, clarity, conviction

[@Jan-uc7gw]

⏱Timestamps for this video! 0:00 - The Secret to Successful Companies 1:28 - Choosing Your Industry 3:01 - Lessons from Broken Businesses 3:52 - The Message of AMP it Up 7:31 - Snowflake's Mission 9:27 - Traits of a Great Leader 11:19 - Importance of being patient and embracing struggle 11:51 - Failure is a learning opportunity 🧙‍♂✨ Generated with Houdini Chrome extension.

[@christopherarmstrong2710]

Frank is a brilliant leader. Always great to see a new interview or commentary from him drop. Nothing but words of wisdom and clarity.

[@namasteyo228]

Courage, clarity and conviction. Will take these three C's to heart

[@firasspanioli3493]

Wow I just opened it in a new tab, "for looking 5 sec at it", closing it after 12 min !! Thank for the video and channel, and thank for Frank, he is really amazing gentleman !

[@poleung9835]

The most comfortable and inspiring sharing that I have ever seen

[@juliosantos4695]

This youtube channel is so perfect! Thank you

[@anthonyhowell5809]

More of these please

[@sturmenta]

yes sr

[@robbief1]

"struggle and failure are formative, they teach"... That's a great quote! This guys full of them infact!

[@andrewarnick]

"If it's not 'hell yes,' it's 'hell no!'" Absolutely amazing, THAT IS EXACTLY HOW I FEEL!! We need to move as fast as possible in everything we do and then we can achieve goals 100x faster than anybody else!!! Thank you EO for the interview!!

[@nelsonndahiro6115]

Inspiring for internationals in US Crazy how relatively unknown he is! Doesn't have a Wikipedia.

[@madferretx]

Frank just gets it. One of the best leaders we have in business 👍

[@MrChaluliss]

In a setting where employees are well compensated and their health is taken care of I think everything he says is golden. In setting where employees are essentially exploited workers who aren't valued as individuals, these same ideas are actually quite toxic. It is a somewhat thin line that causes a lot of confusion in modern discourse I think, that working hard when your taken care of is actually desirable, effective, and impressive, but working hard when you're not taken care of is tantamount to being a voiceless slave of sorts.

[@soumyaripan5131]

Exactly the same thought. He must be compensating the employees well for the fast pace work culture he requires. Otherwise the retention rate of employees will be lower.

[@luigi_monaco]

I so completely agree with what Frank says, younger - sub 50 yrs - should watch this video several times.

[@huythe3170]

From VietNam, the speech is amazing!!!

[@GPTAsk]

I really appreciate Frank Slootman's mindset towards leadership and business. He is absolutely right that leadership should create energy and a sense of urgency in the organization, and that success often requires taking risks and embracing struggle and failure. I also like his metaphor about stepping into an elevator that goes up instead of down, and choosing to work in a growing industry to maximize opportunities. His story of starting from a 15-person startup to building billion-dollar companies is inspiring, and I agree that success is a combination of having good cards and knowing how to play them. Overall, I think Frank's message is clear - focus, intensify, and prioritize opportunities to achieve success.

[@sill]

Struggling with my CS degree at my university and this really boosted me up. Thank you!

[@distrologic2925]

same dude 👌

[@resa574]

He studied economics not cs

[@sill]

@@resa574 I’m studying both, but struggling with the CS part 😭

[@adityag485]

@@resa574he studied Econ but works in a cs dominated field so both degrees would be useful as he has great understanding of tech as well

[@hiranga]

Perfect!!! Great interview! 💪🏾

[@entreprenuership_opportunities]

Glad you enjoyed it!

[@akshaycherian2047]

incredible to learn from someone who walks the talk!

[@dhruvbhatia7]

He is the CEO of these companies and joined merely 4 years ago. He didn't build them. Please include correct information.

[@jg5875]

Correct. With Snowflake and ServiceNow he came in years after they had been created. He’s great at taking fast growing companies and making them scale up. He’s not a founder “initial idea” sort of guy (which is fine)

[@dhruvbhatia7]

@@jg5875 it is a completely different skill...it's like saying I'm a great marketer when I'm a software developer. Both are valuable roles but drastically different

[@dhruvbhatia7]

@@jg5875 a CEO who joined a few years ago when a company was already worth several 100s of millions, did not build the company. Props to growing it, but "building to a billion dollars" is extremely misleading and insulting to founders everywhere

[@jg5875]

Agree!!

[@mrscruff66]

​@@dhruvbhatia7 cry me a river cry me cry me -Justin Timberlake

[@challenge11532]

Thank you so much for this uplifting, motivating video. I'm going through a rough time right now, and it helped me feel better.. Thanks.

[@johnpinheiro6211]

😮

[@shaid2130]

Hope you feel better soon. You got this 😊

[@bluejimi2815]

Wow, this was excellent

[@maximciebiera3882]

The videos are amazing. I love watching them. It helps me to see things from other perspectives and also understand that the stories behind success are very different. It inspires me!

[@jae3728]

So educational, meaningful, and touching. Thanks a lot 👍

[@zillboy]

I love these video, as there is a lot of learn. Thank you

[@jw_sw8157]

Thank you for great video

[@barbarosozturk]

Amazing episode!

[@growthbusinesstemplates]

Frank is the best of the best. Amp it up!

[@cmwitteveen]

Loved it Frank - thanks!

[@WolfKelley1]

Love this. Thanks for the insight

[@SHJi-d8c]

Advice for every leader - 3C : Conviction, Courage and Clarity

[@juniormichael354]

This was gold

[@kamaliddinsattorov7493]

Love the Leadership tips!

[@Kittnet]

Thanks for the wise words

[@thebrainpal]

Great lessons. Thank you for sharing!

[@Andyisbeep]

Awesome video 👏

[@starshot6785]

Great stuff Frank!

[@gracehuang3994]

magnificent talk🤩

[@becommon]

fantastic inputs... they were served convincing , encouraging and very clear 😉👌🏾

[@soninfrancia4426]

Wow. Such a great man.

[@satyamgupta6030]

lovely video thanks.

[@dontwannabefound]

So good thank you

[@jayasome199]

And even Snowflake? I can't believe it! Like being in an elevator, What domain you're in is very important

[@magpaf2436]

thanks for sharing

[@mansiondeal3961]

Loved that

[@DeniedAccessibiltiy]

I’m here just staring at those trees going crazy in the background 0:51

[@bephrem]

Love this man

[@caponelaw1407]

Love this. Very inspirational 👏

[@viktorfromsales]

Loved the book - inspiring and actionable :)

[@urban248]

Please upload a bit louder videos... they are very quiet compared to others on youtube :) Otherwise great content

[@sidjt]

There are 2 buttons on the side of your phone try pressing the top one

[@folrry]

Terrific

[@GodofStories]

The general. Almost time to hang his boots, but he's still going at it 100.

[@lopadova_]

Such a great video

[@sppcc2006]

Quote "First of all, you know, Snowflake grew from 0 to $1 billion in revenue faster than any company in history"!!!!

[@sppcc2006]

Looking thru the company financial statements, the numbers indicate likely 2021Q2 it reached the $1 billion threshold (given 2019 calendar year overall revenue was only $592m as detailed in the annual report). This suggests the company reached the $1 billion threshold by Age 9ish. Anyone has any thought to if that's indeed the truth to be the fastest record in history? 😆

[@mindofalbion]

@@sppcc2006 Snowflake is an impressive success story in terms of revenue growth. While it did not reach $1 billion in revenue faster than Salesforce, it did achieve this milestone in a record-breaking time frame for a software company in the modern era.

[@nativeadvisors]

Great advice.

[@raphaeldanielmarcelmarc9069]

Truly a great a guy

[@panama-canada]

Bravo!

[@SeanTechStories]

Absolutely fascinating advice! Thanks for sharing this!

[@thestaringenclave]

Am I the only one who notices the crazy wind outside the building?

[@soumyaripan5131]

Oh now I see

[@nile7999]

It's always interesting to see how the psychopaths who run our world think, and how their thinking creates so much suffering. No mention at all behind how urgency, or pushing a fast pace leads to stress, anxiety, suffering for employees. The only thing that matters is the success of the company, for the org to win. And when the org wins, he becomes a billionaire, while you'll get a mere fraction of the value you helped to create.

[@ceotension4525]

He invested millions of his own money into the project. He runs the project all day. He had yeh stressful task of managing people and the project. And he supports the economy and pays many millions in taxes which support you and the people. He provides good and services for people, like the one you are using right now to text. He risked so much, and it payed off - and so he got rewarded.

[@Corgiking521]

@@ceotension4525 he didn’t join the company until may 2019. He did not fund or invest into the creation of the company. He joined shortly before it IPOed

[@excelfanboy_]

If a fast pace gives you anxiety, you're the one with mental health problems not him. He clearly explained how a fast pace is beneficial to all in the organization

[@juniormichael354]

😅😅😂😂😂 I didn't expect this comment.

[@navirobayo]

Amazing

[@bephrem]

great content

[@TMM-N]

do you think the shareholders or board of directors will simply choose a person who is unknown?

[@Anwar-AT]

Would love to have more informative discussions instead of motivational ones, but great content as usual nonetheless!❤

[@rerikm]

was there a hurricane during the interview??

[@funnyvideos-funnyoutloud2618]

0:48 I think you just lied, since OpenAI has grown to 20 billion faster than anything before, moreover it is 20x more valuable in financial terms than SnowFlake and it is only in financial terms, in real value I think there is nothing that comes close to GPT-4 so far.

[@excelfanboy_]

He's talking about revenue not valuation. OpenAi isn't even close to that, the last testified number is 30 million revenue. And in terms of valuation OpenAI certainly isn't worth 1 trillion 😂 (~50x SNOW)

[@tzc9309]

This son of a b has hyped me up 😂 i think he's completely right about the energy speed and intensity thing. Important bit of psychology regarding effort and motivation there, plus things get lethargic when it is allowed to do so. Inefficiency is a business killer.

[@UmarRosyad]

I'm seeing alot of videos like this, and my conclusion is "all the works needs time" Because I never see those men under 40, it has to be above that number I have talked with a man building his company currenty at $7-8M nw, and he needs 15 years to reach this point

[@Kinenner]

great

[@God_of_Kiwi]

wholesome af

[@arasanmark818]

Opportunities

[@nat.serrano]

wise man, can I adopt you as my father?

[@sourishisavailable]

wow

[@newsyouchoose]

0:50 wtf is this guy at looks like an ef-1 is happening right outside of that 45,000 dollar window

[@thereGoMapo]

So take the elevator that goes down, learn and make mistakes and grow, then get off find another elevator and hopefully you get good cards

[@philippesails4973]

Still,learning to be concise though! I had to laugh when he said « not good when you speak and you are boring to me » as he deploys his corporate BS!

[@JJ_ON_YOUTUBE]

스노우플레이크 CEO를 어떻게 인터뷰를 ㅋㅋㅋㅋ

[@pokegan52]

He’s a career ceo not a founder

[@hansdampf640]

On the back of people...

[@pierrew1532]

How to say you're the Elon Musk type of guy pressuring/harrassing/firing people like hell for "progress of humanity" while the "progress" is 99% just your hubris and mental agitation, fear of boredom and lack of percieved meaning of existence, running in your mind like a hamster wheel, and you trying to cope with it via a narrative of leadership and going forward and blablabla, without actually saying it.

[@mrscruff66]

Tell me how you really feel tho

[@soumyaripan5131]

Feel you bro

[@00doblecero]

Like it or no these are the people that improve the world.

[@pierrew1532]

@@00doblecero That's what you learned to believe.

[@00doblecero]

@@pierrew1532 he will be in history books, you won’t. That’s the reality you like it or not.

[@MrAtomUniverse]

He sounds like a boss instead of a leadership at some part of this video.

[@jchouwodac]

Change ur OA q’s man, y u gotta dp us like that

[@amjads8971]

It is all about networking and who you know . And from there you build all your startup to a billion dollar companies . No one will say this 😂

[@EnergeticWaves]

expert at drivel.

[@michaelczorniak8516]

I I I I I. It’s all about me. Me. Me Me Me.

[@vidil-h5i]

Working for him is defntly not for snowflakes

[@kenewamangmosimane21]

Massachusettes

[@dacat8171]

😂😂😂

[@bobobobo-ki2fw]

except it is lol

[@europana7]

Annoying canned background music

[@TMM-N]

who is he trying to bullshit...? the popular candidate amongst the shareholders and board of directors will eventually bcome the CEO..

[@7polletes]

You are an idiot if you can’t understand

[@leejohns2010]

He must be getting lots of crap from fox news.

[@userwheretogo]

it sounds toxic to work under him

[@sirus312]

Honestly I don't like how insiders cash out. Seems Scammy, what I respect about Elon was that he was in. I won't buy a tesla, but I respect him as a CEO. He built a loyal army. This guy just seems like a grifter. Who got lucky

[@bartholomewlyons]

All things being equal, being white and lucky is important. All the hot air he regurgitates is nothing new. Well done to him, but don’t make us think he is amazing. Hooped onto the right elevator at the right time. Others aren’t as lucky even in the same elevator. You want “fantastic and wow”? Pay well. Otherwise you will have “ok or below”

[@lukasluetke6097]

Vast majority of entrepreneurs are not white. Maybe not in the western world, but around the globe. The color of one's skin is irrelevant to success. Luck is the main factor. However increasing ones chances is the name of the game. Working harder, being in the right industry, etc. It all just increases the chances for success, nothing guarantees it.

[@willzarke]

He said it himself, it's about having the right cards and know how to play them right. Some of the things you said may be relevant, but it's also because he knows what cards he have and how to play them. I don't think it's an excuse to limit ourselves just because of the thing you mentioned. Just gotta know what cards you have, and find the right opportunities to play those cards.

[@jesperpersson9388]

It's interesting how people like you step out of the woodworks at exactly the worst times. There are tons of people who have gotten where they are due to privilege and plain luck but of course you have to pick on one of the examples where this is obviously not true. As he said in the video he had to take jobs that no one else wanted because he's a foreigner. That discredits any sort of privilege you're talking about. He also said (were you even listening??) that you need a good hand AND you need to know how to play it. So yes he hopped on to the right elevator at the right time but he probably hopped onto many wrong ones as well. But overall, having gone through the journey of creating 3 successful businesses it cannot just be about luck or about privilege. One success? Certainly possible, maybe probable due to luck. Two? Slight chance. Three times? No way it can be luck, that would be exceedingly rare. It's much more likely he knows exactly how to run a profitable business than the other way around. What he's saying in the video sounds very actionable to me unlike many other "gurus" who cannot back up their claims. This is the first time I've ever heard of this man and for once I'm actually impressed by a businessman and what he has to say.

[@MelonyEnterprise-y2e]

U mean you are not woke CEO????

[@geoffreyschuchardt5350]

So what exactly does snowflake do… “we extract value out of data.” Uh huh, cool

[@jg5875]

Data warehouse. Stores massive amounts of data that you can then run analytics against to answer business questions. Not easy to explain in a sentence or two.

[@StonedApe420]

Utilise maximum resources in removing biggest constraint. TOC