@zippiee:
$Snowflake(SNOW)$ They reported revenues of just under $2 billion in their earnings report. They will need to achieve an annual growth rate of about 31% over the next six years. But even if they succeed, even if you give them a 10x sales multiple in 2030 (which is a stretch considering most established tech companies are 4-7x), the company will be worth twice as much as it is now, and I haven't even factored in dilution.In a recession or downturn, analyzing customer data for insights is a discretionary expense, just like advertising. This may also help explain the revenue slowdown.