“Snowflake is riding the AI wave, not getting killed by it. The more tokens companies burn, the more database queries pile up, and the stock is finally earning an AI multiple.”
“there are certain software companies companies, Databricks, Snowflake, and ClickHouse, all of which we're investors in, which very clear to me they're in the token flow. As you consume more tokens, the amount of your database queries goes up.”
Prices are point-in-time snapshots from the named provider. The verdict compares the return since entry against the band above.