frank slootman house
The IPO was the third for Slootman, who moved to California for a job at Compuware in the dot-com boom, then worked at Borland Software. Well, they knew now. The Last Of Us offers up its best episode yet, though this one diverges from the source material much more than the previous two. You can only sail so much, [crosstalk 00:31:19]. I mean, it was just trying to stay alive. Helping women become better in negotiation is an urgent and essential task for organizations and individuals. The founder brings you in to scale up the company, but finds it difficult to step aside. Frank Slootman (born 1958) is a billionaire businessman, and the chairman and CEO at Snowflake Inc., a cloud data-warehousing company. I mean, you brought in some reinforcements when you started at Snowflake, including Michael Scarpelli, who was your CFO at Data Domain and ServiceNow. 2023 Forbes Media LLC. Right? And then, I had another internship after that. And now, I feel like I'm being haunted, by this Dutch thing, this cloud that's hanging over me." Articles taken from Draft Namespace on Wikipedia could be accessed on Wikipedia's Draft Namespace. We wanted to buy technology from, what at that time was Veritas, Convo, companies that are still around, because then we could really address the, the functional scale and scope off our platform. Nothing to do with financial targets or growth targets or market capitalization. Slootman recently spoke at the CNBC. We were entertainment for Wall Street for a six-week period. And it was really my wife who said, "No, no, we'll go. What you're doing now is doing pretty good, so keep yourself in the game, Frank. This property is owned by Frank & Brenda Slootman. This site uses Akismet to reduce spam. Some portions of the proceeding conversation may have been edited for the purpose of length or clarity. Slootman is going to take Snowflake for quite the ride, and you have to decide whether youre getting in his car or not. In the book, I go on and on about what some of those issues are. He says, "If I have a problem in a state like Florida, where bodily injury claims are disproportionate to surrounding states, what explains that? You're no longer using data to basically please a bunch of eyeballs, like, "Hope you like it. Now, tape technologies go all the way back to the early days of computing, because that was the form of magnetic storage that we had. Thanks so much for joining us inside the Ice House. This is very much a country that believes things that other countries don't believe. Well, that's another thing I don't think about that. I'm trying to get into markets, not get out of them, but strategically we had a dilemma and others that we were, what I would call landlocked, maybe another nautical Dutch type of term, because we couldn't get beyond our core business of backup and recovery. Yacht Racing is incredibly exciting and then it has a lot of corollaries to business because it's this multidimensional game of weather and competition, and what happens on the race course and reacting to it. Property details for 3001 W Ruby Hill Dr, located in Pleasanton, California. And I say, "Stop putting labels on yourself. And that's, I had a question the other day from somebody that hit me on LinkedIn and he was putting all kinds of labels on himself. Before the break, Snowflake's CEO, Frank Slootman and I were discussing his career. Right? He cuts back where he sees fit. No, I didn't. Our show is produced by Pete Asch, with assistance from Stephan Capriles, Ian Wolf, and Ken Abel. Company still around, by the way. Currently, Lee is practicing the smidgen of Chinese that he picked up while visiting the Chinese mainland in hopes of someday being able to read certain historical texts in their original language. Well, the number one bit of advice I would have is make sure you're close to the drive train. You arrived at something like tape sucks. That is by then, we often refer to this as data enrichment because you can take incredibly mundane data and when you enrich it with data attributes from other sources, like for example, you guys did with ADP, all of a sudden data goes from mundane to high octane. That's why they're big in banking and insurance and distribution and logistics. And by the way, data platforms have been extremely fragmented historically. By the way, everything he did had to be insanely great because he just couldn't get out of bed if it wasn't insanely great. Welcome back. And the reason that I found it so interesting is technology was mesmerizing. What are your God-given talents? And that is a common thread through all our companies. Well, that's because historically all we did was we did analytics in silo. We're going to nuke an entire industry out of existence. The list of its authors can be seen in its historical. Somebody who I had known for many, many years, so at Sutter Hill Mike Speiser. As young as I was, I mean, I was determined that that's where I wanted to be and certainly, not hardware because I saw another way for commoditization happening over there. And by the way, when you see the decline of very, very storage enterprises, you can pick MG and HP and and Intel and so on, what happened to these people along the way? That's the reason why this country does so well. And that is our culture. Snowflake CEO Frank Slootman on moving the needle, win-first culture & managing burnout | E1689. Mr. Slootman served as CEO and President of ServiceNow from 2011 to 2017, taking the organization from around $100M in revenue, through an IPO, to $1.4B. And over time, we overcame that because we were laser focused on making the product bigger and faster every year. But 233 years later, American, Dutch and British interests are inexorably intertwined. So I've been very different from early days of Data Domain, later days of Data Domain, early days of ServiceNow. Two years later, he was back at it again as chairman of enterprise software business ServiceNow, which he guided to a 2012 IPO. We don't preside, okay? But one of those issues was that taken over from a founder CEO was really, really hard. BUILDINGS. In 2011, you joined ServiceNow, a name that's really quite familiar to our listeners where you were confronted by that old conundrum of the CEO founder that we've discussed on this podcast before. Frank has over 25 years of experience as an entrepreneur and executive in the enterprise software industry. At the same time, we've never had a data Cloud in the history of computing because data was just fragmented and proliferated into silos and what we call bunkers. He cancelled the luxurious annual employee ski trip to Tahoe. It is data operations from the most transactional to the most analytical and everything in between, so. Having run a number of global software companies, I appreciate the scope of resources that Blackstone can bring to high-growth . You want to be that person, okay? And Mike, he takes on the end entire spectrum of controls and administration. And it's like, "Well, why does that matter?" It's not that easy. And the term BI had not even been invented back then. And then being able to talk about it in an intelligent, really rich-considered manner. And that's exactly what we did. If it's not related to our core mission, we don't want to hear about it. And when you let it happen, you get feed-ups. An in-house cafeteria replaced the usual catered lunch offerings, and sales representatives no longer had free reins on unexplained spending. And also in sailing, you're always looking for new adventures, different platforms and things of that sort to sort of keep it interesting, continual learning experience and so on, rather than rinse and repeat. I'm curious, how that opportunity at Data Domain came to you? And then by the way, I have to have that around me, because I don't like people that want to self-congratulate and do victory laps all day. Snowflake is Slootmans third IPO. And then obviously, a business that was at a sense of itself, of its product lifecycle, which has its own unique set of challenges. If there were one person you could sit and learn from today, who would it be? And then Snowflake is again, a totally different. But eventually, I returned to Holland about a year later, resumed my education. All these things eventually came together. And that's the American flavor and flare that has built up over three, almost four decades. I mean, anecdotal observation has pretty much run its course. Basically, we had to solve our enormous problems that we have while the company was doubling in size, more than doubling its size every year. Everyone's watching. And people that know the Dutch, and you seem to know to Dutch people, it's, fairly recognizable what the Dutch attributes are that are at play here. Listen to this episode from This Week in Startups on Spotify. It's just our nature to talk about problems." How does having who's worked closely with you for years help you accomplish your goals of hyper growth without losing focus? Frank Horvat helped elevate fashion photography into high art, and with his thoughtful photographs, changed how we look at fashion altogether. A compensation package he received upon joining Snowflake in April 2019 awards him a. Early days of ServiceNow was just jungle fighting. I was a huge fan coming here. Americans are, it doesn't matter what profession they're in, they always believe they can do better. Frank Slootman is the CEO of Snowflake, a cloud-based database firm he joined in 2019 and took public in September 2020 in a blockbuster IPO. Right? And by the way, for most people, that's a very difficult question. After joining almost at the start in 2003, Slootman helped. It's always hard when you come in as a CEO and you have to follow a founder because the founder almost has mythical status in the organization. It could address very few use cases. Anybody who's tried to run HP can talk about that because you have companies that have existed for whatever, 50, 100 years, you don't get rid of culture. But yeah, aptitude is really about, what are you innately good at? And of course, people chuckled because they recognized it. And when the whole world goes direct to consumer and it becomes disintermediated and goes wholly digital, the role of data obviously becomes insanely important. And historically, people have tried to answer these questions anecdotally. And Mike was still the CEO at ServiceNow at that time. Are you just going to look the other way or are you going to call it out? Snowflake now has Frank Slootman as chairman and CEO. Then, they discuss Frank's hiring philosophy and how to create a winning relationship between an executive and their direct reports . I'm just, I'm fighting that tide. While everything about Snowflake is hot in the market, were left asking who is at the helm of it all. But this whole Snowflake exercise could have turned out dramatically different, the CEO says, if the founders had pursued their original premise for what the company should be. In other words, swarm to it instead of distance yourself from it. In the Dutchman Frank Slootman, a non-coddling, no-nonsense executive who had taken Data Domain public before selling it to EMC, Leone saw "a match made . Things will change in ways you cannot even imagine the ideas that happen.