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How Salesforce became Silicon Valley's best late-stage tech investor

cnbc.com · 1,696 words · saved by 1 readers

Salesforce reported a $2.2 billion gain in 2020 from strategic investments, after the IPOs of Snowflake and nCino.

How Salesforce became Silicon Valley's best late-stage tech investor Skip Navigation Markets Business Investing Tech Politics Video Watchlist Investing Club PRO Livestream Menu Key Points Salesforce racked up a $2.17 billion gain on investments in 2020, mostly from its stakes in Snowflake and nCino, which both went public. With Okta's $6.5 billion acquisition of Auth0, announced on Wednesday, Salesforce more than tripled its money on that investment in eight months. Some companies like nCino build on Salesforce from the beginning, while others like Zoom forge a partnership right before going p

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