Frank Slootman In AMP IT UP, he shares how leaders can convert lingering potential into superior results with the resources they already possess. I was like, "Jesus, I spent my whole life trying to get here. View the full release here: https://www.businesswire.com/news/home/20220119005295/en/, AMP IT UP: Leading for Hypergrowth by Raising Expectations, Increasing Urgency, and Elevating Intensity, by Frank Slootman, chairman and CEO of Data Cloud company Snowflake. Analytics, Why It's just, it's hard not to be acquainted at some level with that culture. A multi-billion dollar cloud-based data company announced this week it had relocated its primary offices to Bozeman. And the EMC came in and within a quarter, it was up to a $100 million because they had channels and customers and everything primed and ready, right? Choose wisely! The Dutch have all always been enterprising. Snowflake enables every organization to mobilize their data with Snowflake's Data Cloud. And the product was insanely fast, completely automated. This is very much a country that believes things that other countries don't believe. And when you buy companies, it gets worse, right? Your e-mail address will be used to confirm your account. I don't think about what's next. And Mike, he takes on the end entire spectrum of controls and administration. This press release features multimedia. And now, welcome inside the ICE House. Things will change in ways you cannot even imagine the ideas that happen. It's a small country, obviously, which is why they sort of veer far and wide. I actually wanted to retire, truth be told. The company's first CEO was Mike Speiser, a venture capitalist at Sutter Hill Ventures. Quick digression. Neither ICE nor its affiliates make any representations or warranties, express or implied, as to the accuracy or completeness of the information and do not sponsor, approve, or endorse any of the content herein, all of which is presented solely for informational and educational purposes. And a lot of our people have the same malcontent attitude that I do. Snowflakes Competitors, Revenue, Number of Exponential growth is a critical goal for todays emerging ventures. I often refer to those people as passengers and then, they're the drivers. Those are all disciplines that leverage where they are, right at the headwaters off the entire European continent. In 2003, he became CEO of storage startup Data Domain, taking it public in 2007 and selling it to EMC in 2009 for $1.8billion. You could have a meeting in the hallway with the entire company. He says, "If I have a problem in a state like Florida, where bodily injury claims are disproportionate to surrounding states, what explains that? And Brett Favre was that way. People naturally become very unfocused, very, very easily. When I'm on offense out there, I don't worry about what's going on at home at the farm because that is in a very, very tight control mode. I mean, we had like 15X, the X of the next nearest competitor. It doesn't matter how big we are, as long as we have a compelling mission that we want to get up for every day and swing for defenses and then, it's not hard. I mean, to this day, with all the other things that we've done, I still treasured that experience greatly and it's still a very large business to this day. So, she talked me into it because I was on the verge of saying, "Look, I'm not going back there." (Graphic: Business Wire). I always find the problem when I hire people that are already, they have just taken a job and they're already about their next job. In Amp It Up, he shares his must read offensive game plan for your business. And for example, when I joined Unysis, I ended up in a corporate planning role. And fortunately, the temperament that is in you, it's going to re-manifest itself sooner or later. It's just our nature to talk about problems." That's really what you want to preserve rather than layers and layers and layers and channels of communication. 3,990. Frank, how did those early experiences rising through the ranks and being sent from problem to problem help you establish the principles for success that your career would see? And then, I had another internship after that. Why did you give up the helm of the invisible hand for this new role with Snowflake? And of course, the appetite is insatiable for both technology and people that know how to make this future happen. I mean, anecdotal observation has pretty much run its course. "The Sun", "Sun", "Sun Online" are registered trademarks or trade names of News Group Newspapers Limited. You speak the language, like we do, but there is something different about you." And it worked like that for about a hundred years. In 2011, you joined ServiceNow, a name that's really quite familiar to our listeners where you were confronted by that old conundrum of the CEO founder that we've discussed on this podcast before. Let's go." What is the core of your being, right? Everybody has access to talent. So, the earlier you show up, the better off you are. No databases of scale and no file systems with scale. 89/100. Board, Speakers And then Snowflake is again, a totally different. So it's a very important question because if I hire you, I can get you experience every day at the week. And Frank, while you were getting your degree from the Netherland School of Economics, you came to the US for an internship with UN Royal and returned after graduating to get a job at Burroughs, which is now Unysis and ticker symbol, UIS. And by the way, data is going to, some people have referred to it as a new currency to new oil, whatever you want to call it, but. They just said, "Look, let's re-envision, re-imagine based on the platform realities that we now have, which was the Public Cloud. Read it now on the OReilly learning platform with a 10-day free trial. People who have seen sort of the ticker symbol of Snowflake pass their eyes on CNBC and see how its companies perform and say like, "What is that company with the name after falling snow from the sky?" Snowflake offers a cloud-based data storage and analytics service, generally termed "data warehouse-as-a-service.". Over his distinguished career, Frank has mastered the process of fundraising scaling and building young companies into unicorns with the run ending eventually way back here at the corner of Wall and Broad Streets with an initial public offering. So, a book becomes highly scalable way of really creating some well-curated observations around "Look, here's what we believe to be true about the trajectory that we've been on. I mean, you're not going to get excited, "Well, we want to grow 100% this year." 88 /100. Amp It Up, Frank, you write a lot about building culture and I think you had some issues at Snowflake when you got there. That's the point of it. But the world of backup and recovery, was dominated, as you said, by tape automation technologies. View our online Press Pack. Veteran tech executive Frank Slootman was retired and racing sailboats last year when an old friend reached out. It was doubling. The company says its still without a headquarters, but federal law requires it name a principal executive office.. Frank Slootman is the CEO of Snowflake, a cloud-based database firm he joined in 2019 and took public in September 2020 in a blockbuster IPO. The IPO was the third for Dutch-born Slootman, who moved to California for a job at Compuware in the dotcom boom, then worked at Borland Software. It takes nothing. I'm the opposite. And that is a common thread through all our companies. The information contained in this podcast was obtained in part from publicly available sources and not independently verified, neither ICE nor is affiliates, make any representations or warranties, express or implied as to the accuracy or completeness of the information and do not sponsor, approve or endorse any of the content herein. Our business is really going to conduct itself really over considerable, long periods of time, Slootman said in an interview with CNBCs Mad Money. I can just blow a year on doing some other stuff that's interesting." They're high anxiety, they're entrepreneurs, they're CEO, and sort of getting a very unvarnished view, inside view from a fellow traveler. The company recently announced it will be I mean, you probably have even a sense of things that you know you're not good at. Were not a growth-at-all-costs company., Souness fights back tears as he announces emotional retirement on Sky Sports, Sky Sports' Martin Tyler slammed for 'racist' comment about Spurs star Son, Olly Murs breaks down on stage over Caroline Flack 'regret', Fulham's Pereira stretchered off with suspected broken leg in worrying scenes, News Group Newspapers Limited in England No. All these things eventually came together. Volumes have increased and they've pretty much more than doubled, and we've actually nearly tripled the number of participants that we have as well. Every week there was a new bid. So, we were just picking over use cases here and there to sort of stay alive in the early days. So, I got pestered by VCs over the years, like "When are you going to do an update to your book because you now have two more companies to talk about." Like Databricks, Snowflake also works within the Analytics sector. the internship sort of came about because I was about a year ahead of schedule at the university. I was a huge fan coming here. The name was also fitting because a few years later, Snowflake burst onto the tech scene with a one of a time groundbreaking Cloud data warehouse product that revolutionized how companies could manage their data. One of the worst, worst in the English language for me. Snowflake went public in September ina record-breaking IPO, with shares closing that initial trading day at $253.93, however, the stock was below that level on May 26. Invalid password or account does not exist. And now, I feel like I'm being haunted, by this Dutch thing, this cloud that's hanging over me." That is by then, we often refer to this as data enrichment because you can take incredibly mundane data and when you enrich it with data attributes from other sources, like for example, you guys did with ADP, all of a sudden data goes from mundane to high octane. An email message containing instructions on how to reset your password has been sent to the e-mail address listed on your account. After the break Snowflake's CEO Frank Slootman and I are going to preview and review some of the other lessons in his new book, Amp It Up. Well, they knew now. Hes an operations guru, the leader who turns a jet plane into a rocketship and makes piles of cash for investors, employees, and himself. We don't preside, okay? They were all special purpose for this thing and that thing and that has really created a lot of problems for data center operations, because they just had a Frankenstein architecture out there and people are sick of that. 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