Snowflake IPO: $570 Million Investment By Warren Buffett
The cloud-based data-warehousing company Snowflake IPO will trade next week under the ticker SNOW. The IPO includes commitments from Buffett’s Berkshire Hathaway (BRKB) and Salesforce Ventures part of Salesforce(CRM) . Berkshire will buy $570 million worth of shares in Snowflake. Participating in an initial public offering is an unusual step for Buffett since the normal…