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SALESFORCE.COM, INC.

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Snowflake's Frank Slootman on “The Inflection Point”: Winning Is All That Matters

06/01/2021 | 11:35am EDT

Quick Take:Frank Slootman, CEO at Snowflake, joined Monica Langley, EVP, Salesforce, on 'The Inflection Point' to explain how a 'combat mentality' led him to the largest-ever software IPO.

What's the impact? Slootman revealed that his classic 'rags to riches' story came with human cost - both to himself and to the company that asked him to quickly change things - at any price.

What he's saying:

'The fastest way to get change in organizations is to change people. That may sound harsh, but I get thrown into situations where they need change and they need results and they're looking to optimize the outcome.'

'Industries are changing in profound ways. The future is not going to be the same as the past. Don't steer the ship by its wake because you're going to get caught with your pants down one of these days.'

'You have to be extremely aware as a CEO that you're not just taking care of business as usual. There's going to be profound change forced on you, and will you recognize it in time?'

Learn More: To see the full interview with Frank Slootman, watch the latest episode of The Inflection Point here.

Disclaimer

salesforce.com Inc. published this content on 01 June 2021 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 01 June 2021 15:34:02 UTC.


ę Publicnow 2021
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Financials (USD)
Sales 2022 25 993 M - -
Net income 2022 175 M - -
Net cash 2022 1 998 M - -
P/E ratio 2022 1 097x
Yield 2022 -
Capitalization 237 B 237 B -
EV / Sales 2022 9,04x
EV / Sales 2023 7,41x
Nbr of Employees 56 606
Free-Float 96,3%
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Mean consensus BUY
Number of Analysts 49
Last Close Price 243,96 $
Average target price 279,83 $
Spread / Average Target 14,7%
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Managers and Directors
Marc Russell Benioff Chairman & Chief Executive Officer
Alexandre Dayon Co-President & Chief Strategy Officer
Amy E. Weaver Co-President & Chief Financial Officer
Srinivas Tallapragada Co-President & Chief Engineering Officer
Bret Steven Taylor Co-President & Chief Operating Officer
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