Snowflake, before it was obvious | Wing Venture Capital
Snowflake is now a public company -- an overnight success, eight years in the making! I first met founders Benoit Dageville and Thierry Cruanes in January 2013 (Marcin Zukowski was still in Europe) and led Wing’s investment in the Snowflake seed financing soon after. We have invested in every Snowflake financing since, right up to today’s historic IPO. But when we made our initial decision, things weren’t quite so obvious. Before It Was Obvious At the time, there were several not-so-obvious aspects of our initial investment in Snowflake. They highlight the scale of the challenges the Snowflake team has overcome. They also illustrate some of the persistent biases that have a way of creeping into investment decision-making to this day. 1. Relational is dead When Snowflake was getting going, fashionable thinking held that relational database technology was on its way out. Hadoop was all the rage for analytics. Intel would soon make an investment in Cloudera valued at $740 million. No
Snowflake, before it was obvious | Wing Venture Capital Founder Docs The 2026 ET30 is Live Snowflake, before it was obvious September 16, 2020 At the time, there were several not-so-obvious aspects of our initial investment in Snowflake. They highlight the scale of the challenges the Snowflake team has overcome. They also illustrate some of the persistent biases that have a way of creeping into investment decision-making to this day. Snowflake is now a public company -- an overnight success, eight years in the making! I first met founders Benoit Dageville and Thierry Cruanes in January 2013 (M
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