Snowflake - A Rejoinder To 10 Bear Arguments

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About: Snowflake Inc. (SNOW), Includes: AMZN, COF, COF.PF, COF.PG, COF.PH, COF.PI, COF.PJ, DDOG, GOOG, GOOGL, MDB, MSFT, ORCL, SPLK, TDC
by: Yves Sukhu
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Yves Sukhu
Tech, Software, Long Only
Summary

Following Snowflake’s insane IPO, a number of bears have come out swinging against the company’s $60B+ valuation and the platform itself.

The viability of the technology has been scrutinized, with some analysts suggesting the likes of Google, Microsoft, and Amazon will eventually knock Snowflake out of the market.

The bear arguments are all worthy discussion points, and Snowflake bulls would be wise to review them carefully.

As I still believe Snowflake’s long-term prospects to be strong, I present my counter-arguments to 10 bear arguments that I reviewed across a slew of articles.

Remarkable or Insane

It seems one of the two words above applies to Snowflake’s (SNOW) IPO action, depending on your point-of-view. When I wrote my first article on the company a few days