Saturday, December 5, 2020

The CEO of cloud computing company Snowflake is making $95 million every month

Detroit News:

The monster pay package is partly a result of Snowflake’s surging valuation. In October 2018, about six months before [the CEO] joined and negotiated his compensation, the company raised funds at a valuation of about $3.5 billion. It’s now worth $96 billion. 


“People want to be patted on the back and feel good — I’m into not feeling good.”