Value Creation

Snowflake CEO Sridhar Ramaswamy downplays short-term stock market volatility driven by AI hype, emphasizing the company’s focus on long-term value creation. He advocates for a strategic, incremental approach to AI implementation, highlighting its potential to accelerate data-driven decision-making. While acknowledging potential market turbulence and comparing the current AI landscape to the dot-com era, Ramaswamy remains committed to Snowflake’s growth, emphasizing the importance of earning value “one dollar at a time.” He also stated he’s not currently selling shares.