Frank Slootman or the “master” of IPO

Frank

Frank Slootman (Frank Slootman) in charge of Snowflake, the American company is working hard to achieve Wall Street’s largest IPO of the year on Wednesday.

Ask the Dutch on the street, ask who they are Frank Slotman And few people will answer you. but. This Dutch-born person is about to become the largest IPO in the United States that year.

Resume Express

  • 1958: born
  • Graduated from Rotterdam University in Economics
  • 2003-2009: Director of Data Domain.
  • 2011-2017: President and CEO of ServiceNow.
  • April 2019: President and CEO of Snow Company

Snowflake, a US company specializing in remote storage of computer data (“cloud”), announced on Monday that it intends to cancel More than $3 billion Raised funds through an IPO (2.5 billion euros). From Wednesday, enough to promote it to become a unicorn listed in Silicon Valley.

This IPO is a mission entrusted by the board of directors to Frank Slootman (Frank Slootman) in April 2019. Of course his predecessor is ready. Bug Muglia opened the door for Snow International. He managed to raise more than $900 million, bringing the company’s valuation to $4 billion. In business, he weaves a network of partnerships. However, CA hopes to take it to a new level.

Frank Slootman explained Snowflake’s IPO ambitions on CNBC

route map

And execute this roadmap, who is better than Slootman His two initial public offerings There is a pretty interesting family tree. In fact, it is he who leads the ServiceNow market, which specializes in on-demand software or Data Domain, which specializes in data storage solutions.

“It was exciting the first time,” Frank Slotman said. “Now, I think the IPO is a big step. But it is not the ultimate goal. The next day, when you return to work and play the same game, it is a different level, or even more. Professional.”

He is Warren Buffett (Warren Buffett)

Last week, we learned that the holding company of American billionaire Warren Buffett has set its sights on snowflake. A SEC document shows that Warren Buffett and Mark Benioff’s (Salesforce) companies each pledged to acquire $250 million in shares immediately after listing as part of a private placement.

“Dear Mr. CEO”

He was Dutch when he was born, and said frankly in an interview on the Dutch website Computable: “Why have I been in the United States for so long? Because I really feel at home there.”

He obtained American citizenship 25 years ago. The United States is paying him back. An investor told him on CNBC that he is one of the most respected CEOs in the technology industry.

Aspiring student

As a student, he is a member of the largest student association in Rotterdam. If he is not opposed to drinking beer, then first of all, he is very ambitious. He worked for a year in the Dutch branch of the international student organization AIESEC. The first step has been taken on the international stage.

People who don’t know how to stop

His journey beganUniversity of Rotterdam, He obtained a degree in economics.

Subsequently, his resume began to serve as the US technical team until he arrived at the company headquarters in June 2003Data field. Slootman was founded in 2001, and he will lead the company in the 2007 Nasdaq quotation list. Two years later, he left the company.

In 2011, he became CEO and Chairman Current service It made its debut on the market a year later and raised $550 million. After serving as President of ServiceNow for 6 years, he was 59 years old and was considering retirement.

But soon Adrenaline and its daily stress miss him. Snowflake IPO will undoubtedly give him a little excitement, even for him, it has become “business as usual.”

Americans are more important than anything

Whenever he was in Holland, Frank Slootman had only one wish: to return to the other side of the Atlantic as soon as possible. He admitted: “There, everyone thinks they can do better and they are very motivated. This temperament is very suitable for my personality. Better than Dutch culture.”

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