How does having who's worked closely with you for years help you accomplish your goals of hyper growth without losing focus? In the early days, I want to say like the first eight to 10 years or so, were actually immensely frustrating to me because I was a strange animal, right? Please help to demonstrate the notability of the topic by citing, Learn how and when to remove this template message, https://xconomy.com/san-diego/2011/04/26/service-now-names-software-industry-veteran-frank-slootman-as-ceo/, https://www.businessinsider.com/servicenow-frank-slootman-interview-2012-8, https://www.forbes.com/sites/tomtaulli/2019/06/05/snowflake-the-ai-force-multiplier/amp/, https://www.cnbc.com/2020/09/16/snowflake-snow-opening-trading-on-the-nyse.html, article "Frank Slootman" is from Wikipedia, https://wikitia.com/index.php?title=Frank_Slootman&oldid=81954. Well, building culture is a very forceful thing. In Amp It Up, Frank, you say that a company's mission really has to be weaponized. I remember having a conversation with the CEO of a very large healthcare company. It will be fine. Property details for 3001 W Ruby Hill Dr, located in Pleasanton, California. And we were babes in the wood back then. They want to know what bad behavior is. He says, "If I have a problem in a state like Florida, where bodily injury claims are disproportionate to surrounding states, what explains that? Everybody has ideas. Frank Slootman - Topp podcast avsnitt Make it as easy as I could make it. There's new business models. And, likewise, when I go to Holland and I meet Dutch customers there, they kind of look at me with a smirk, like, "Yeah, I can tell you're Dutch. The founder brings you in to scale up the company, but finds it difficult to step aside. I mean, truly retire. [2], In May 2019, Frank Slootman joined Snowflake Inc. as its CEO. What was that? Take our own company, Intercontinental Exchange, for example. But with three IPOs in your rear view mirror and one attempt at retirement already failing to stick, what do you see as the next chapter in Frank Slootman's journey? It was sort of an adjunct to what they called the computer industry back then. Scale is definitely a problem because you get layers and layers and you got the problem of having tons of passengers on the boat, all these types of issues. A decade after his death, fantasy artist Frank Frazetta still towers over the pop culture landscape as new fans discover his work. At the same time, I ended up in conversations with the lead director and investor at Snowflake. That was career death for people, so it was just the least flattering place in the entire IT operation was backup and recovery based on tape, very logistically, intense. You come with aptitude. Frank Horvat helped elevate fashion photography into high art, and with his thoughtful photographs, changed how we look at fashion altogether. In other words, "How fast does this might work?" I mean, if you look historically at what platforms like ours have done, there is no relationship to the past with what Snowflake is doing now. Welcome back. In other words, wants to call it out, wants to prosecute it because you can see good behavior, bad behavior around you all day long. And it wasn't charged for, so companies just couldn't build software because it was just given away. You can't help but run into Dutch people everywhere because they have such a small country. But he had also been the CEO of ServiceNow for seven years. So in other words, I did not accept the Snowflake role until, Mike said, "I'm coming along.". I use that expression a lot to say, "Look, data operations is going to become your core." And I had already made a little bit of a name for myself in the company. They're very safe. And he always talked about Snowflake because it was a very exciting company to him and I didn't know that much about it, but enough to have a conversation. We're going to nuke an entire industry out of existence. So, this is not data warehousing, it's just one use case. I mean, they had graphical user interfaces that were completely proprietary to that company. Check out the subtleties of his Wikipedia below. Snowflake CEO collects a $95 million payout every month We just never backed off of it. Our first thought was "not again" - he co-wrote Rise of The Data Cloud last year. As the gold auction and also, the LBMA gold price is the world's price for gold, particularly gold, which is delivered in London. I'm buying aptitude and then I'm going to develop that with experience, right? We cannot just read our emails and have a few phone conversations and know what's going on. One company that embodies this vision is ThoughtSpot, an analytics company. After all, he has experience on his side. They're very lonely in their jobs. But it's not what it really is, so it wasn't an enormous surprise to me to come here. Snowflake CEO Frank Slootman Wrote the Playbook on How to Amp It Up Welcome, Frank, inside the Ice House. I mean, I still remember that we were in countries like France, where we had like a $10-million business, which was very small. BUILDINGS. Slootman previously served as CEO for Data Domain and for ServiceNow, which he both took public. Learned an awful lot in that period of time. This page was last edited on 12 March 2021, at 18:12. You could eject the tape from a tape drive and you could ship it off site. And that is a common thread through all our companies. Frank Slootman - Narrow the Focus, Increase the Quality - [In And now, I feel like I'm being haunted, by this Dutch thing, this cloud that's hanging over me." I mean, what drove you to move on? That's when you're at risk. And for our audience who may not remember the days of tape backups, can you explain the underlying concept that you grew from two men and a dog into a multibillion dollar business? In any successful company just ask them, they will attribute success to their culture. And then my career thrived as each sort of, it veered just taking on jobs that nobody else would take, in other words. They're very well dialed into it. As cool as it may sound, Slootman doesnt actually have a literal invisible hand. It wasn't, and the company wasn't failing financially on its growth objectives. Our headquarters is in Atlanta, Georgia. The ambitions that happen, the boldness that happens as a result of that, that becomes the magic. Frank Slootman on Leadership and the War Against Mediocrity - ICONIQ Buyers and sellers can come together. Now, it was actually pretty interesting because this was sort of a forerunner of a data analytics, business intelligence type of company. So, I really lift that cross and the chasm dynamic. It was just like Formula 1 of sailboat racing. A compensation package he received upon joining Snowflake in April 2019 awards him a. Now, amid an ongoing legal battle, its got to clean up a very public mess. Nothing to do with financial targets or growth targets or market capitalization. Right? After joining almost at the start in 2003, Slootman helped. Snowflake CEO Frank Slootman Talks IPO Pop: Narrative Of Lost - Forbes And that's our conversation for this week. There are many questions left unanswered about the months leading up to Snowflake going public. But the essence of what I'm getting when I hire you is what you're innately good at. Others might say that hes completely brash. Frank Slootman (born 1958) is a billionaire businessman, and the chairman and CEO at Snowflake Inc., a cloud data-warehousing company. And if you've got a comment or a question if you'd like one of our experts to tackle on a future show, email us at. Nothing herein constitutes an offer to sell, a solicitation of an offer to buy any security, or a recommendation of any security or trading practice. And that's a whole different deal. And obviously that is not the best way to go about things because that's just one man's opinion against another, right? And then George Washington was sworn in as the first President of the United States, just a few feet from the front door of the NYSE on April 30th 1789. There's no doubt, I'm a total hybrid here. And after a while it's like, "Look, I can't do one-on-one meetings with a million people. And our conversation with Frank Slootman on how he amped up his career scaled three companies and the lessons he wants to now share with the world is coming up right after this. Photo by Christie Hemm Klok/The Forbes Collection. It's just that there is a spirit here that always believes that it can do things that other countries don't believe about themselves. And the reason that I found it so interesting is technology was mesmerizing. I talk to more people than most people in the company do, and that makes me dangerous because I hear directly what is going on - good, bad, and somewhere in between. 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. Never heard of that company." I mean, all these greats, right? The pandemic has. 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Once you start doing that, you need to take yourself out of the game. I mean, we have bumper stickers and people would at trade shows would stick them on tape libraries. So after a while, it's like, "Okay, we've done enough of this." None of that stuff is material to your mission. And essentially, he defends. It's really a company production, by the way. 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. He cuts back where he sees fit. And Brett Favre was that way. The consequences of your action are like right there. You want to be that person, okay? But now, and the influence of data science, we really have to interrogate data regardless of its silo boundaries. I always find the problem when I hire people that are already, they have just taken a job and they're already about their next job. And when you're burned out, you don't regenerate anymore. I really had to change from being an individual contributor or a small team leader to somebody who runs organizations. You cannot sell your way through a crappy product, okay? Engineers should have a very easy time discerning the talent, so. I don't know if you've watched any of the first couple seasons of Ted Lasso, but on a team of great characters, the Dutchman is the one guy, straight faced, no bullshit throughout the whole game. So, understanding that is really important because obviously, you can't fight it off unless you understand where it's coming from. The company is a fintech firm that helps companies automate their deployments with unique software solutions for business. And Americans always think that there's an easy answer to these questions. When I was considering Snowflake, I told Snowflake, "I will not do this if Mike doesn't come along." Before accepting the Snowflake CEO job, Slootman was retired and racing sailboats competitively in the San Francisco Bay Area. And it's very rare to create that kind of value. Career In 2011, after the founder of ServiceNow Fred Luddy stepped down, ServiceNow announced appointment of Frank Slootman as CEO. Because, if I can't explain it, then I can't predict it. But EMC prevailed. Some of Wikitia's pages are sourced from Wikipedia.org's Mainspace and Draftspace. And companies that have been around a long time, it's near to impossible to undo the culture. It's like, "That's not exciting." I only think about now and what I'm doing today. And there were many, many players in that segment, by the way.
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