Heaviest Female Gymnast, Program Opens On Disconnected Monitor Windows 10, Olive Tree Aberdeen, Md Catering Menu, Executive Director Salary Dbs Singapore, Police Incident Leeds City Centre Today, Articles F

Over the past 20 years, as CEO of Data Domain and then ServiceNow and now Snowflake, Frank Slootman has generated extraordinary growth and success for each company and established himself as one of the world's top CEOs. You need to be invested in the moment, in the present, rather than I'm thinking about my next move. Now, amid an ongoing legal battle, its got to clean up a very public mess. Tell me about sailing, first of all. But he had also been the CEO of ServiceNow for seven years. But one of those issues was that taken over from a founder CEO was really, really hard. Yeah, yeah. But backup recovery still largely dependent on tape and tape automation technology, so we created a tape. I mean, I still remember that we were in countries like France, where we had like a $10-million business, which was very small. Right, you got a good point. Back then, there were hardly any software companies around. New competitors, new partner ecosystems, so it was like, "Wow, this is the future." What was that? So in hindsight, I understood that I was just burned out, classic burned out. Right? Now, you can manage LNG freight risk with ICE LNG freight futures contracts, which join our global natural gas complex. Make the connection to a global natural gas market at ICE, get started with ICE LNG freight futures today. And did you have a sense that the sector was really about to explode? I'm curious, how that opportunity at Data Domain came to you? What took you back to the Netherlands at one point? Frank shares the secrets of his success, the leadership principles that guide him, and what hes learned along the way. Slootman said diversity comes second when making . The post 'Summer House' star Danielle Olivera gets emotional talking about Robert . Like, "Yeah, why don't we just throw that guy into that fire and see what he can do with it.". It takes a ton of work to maintain intense focus on the mission, so that's the weaponizing. When I'm on offense out there, I don't worry about what's going on at home at the farm because that is in a very, very tight control mode. Thanks so much for joining us inside the Ice House. And I was like completely taken aback because there not a single thread thinking about that, considering that, considering any role of any sorts. And that is our culture. As we're recording this in early 2022, the competition for talent has reached a boiling point. The Dutch-born Slootman, who now lives in Montana, has had three hits in a row since 2003: He was made CEO of enterprise storage startup Data Domain and grew it to a $2.4 billion acquisition. to keep connected with us, please login with your personal info. And when you buy companies, it gets worse, right? We added sort of network replication disaster recovery, a whole bunch of adjacencies to it. I mean, the only thing that energizes people and teams and organizations and companies as a whole is the mission. Because he was still smarting from the fact that I left ServiceNow and he felt I left him stranded. But I was now really primed at that point, in terms of, I knew a lot more, about what it was like to be in the US. Chiefs defensive lineman Chris Jones recorded his first sacks of his postseason career in a redemptive victory, and his linemate Frank Clark stepped up in the playoffs once again. They're very far removed from the drive train. I'm on the phone with customers every day. The biggest guess is that Frank Slootman simply had the track record for having previously taken data storage companies successfully out of trouble and into the future. Slootman moved to Silicon Valley in 1997. We're not trying to find fault with people or who did what to whom. Basically, we had to solve our enormous problems that we have while the company was doubling in size, more than doubling its size every year. I hate to break it to the audience, but that is the way that it is. Yeah, it was a good problem. We are people that basically see everything that's wrong all day, and we always see a room up from where things are. Not much is known about Slootmans personal life, but we do know that hes fairly young for the success hes achieved in his lifetime. Slootman previously served as CEO for Data Domain and for ServiceNow, which he both took public. You come with aptitude. Where does a CEO Frank find time to write two books back-to-back and what was the inspiration for Amp It Up? And I say, "Stop putting labels on yourself. When I was at Data Domain, hell, we were 15 people when I joined there. Some may describe him as direct. I mean, I was just in my way of life and I was going to stay there till the end of time. Snowflake CEO Frank Slootman is the toast of the big data community, and following the $3.4 billion IPO, a favorite on Wall Street too. And now, welcome inside the ICE House. In other words, they kind of let it happen. You want to be the playmaker and the people that they're going to pass the ball to when we have two seconds left in the quarter, that kind of thing. But the thing that I like so much about yacht racing that I like better than being in business is when you make a mistake on the race course, it's almost immediately obvious that you did. I hate that. Spark 30S covers a route between the US Gulf coast and Northwest Europe, while Spark 25S covers a route between Australia and China. Snowflake now has Frank Slootman as chairman and CEO. This is probably the biggest understatement of the year. And when you're burned out, you don't regenerate anymore. I mean, you're not going to get excited, "Well, we want to grow 100% this year." I mean, the results speak for themselves. Frank Horvat helped elevate fashion photography into high art, and with his thoughtful photographs, changed how we look at fashion altogether. It's been extremely successful since we took over. I can't do every speaking engagement," et cetera. It's up to 79% of the volume has gone cleared. They're high anxiety, they're entrepreneurs, they're CEO, and sort of getting a very unvarnished view, inside view from a fellow traveler. It's like it's full of feedback. It takes nothing. We're two sides of a coin, which is a reason why we've shown up in so many companies together. If you want to know more about this CEO, this might be the book to read. So, because we all have our that's sell of awareness. It's just, it's hard not to be acquainted at some level with that culture. Many in the emerging tech sector would name Frank Slootman easily because of the kind of substance he gives when he speaks. You guys are a data company, you know as well, right? Give me that train wreck. And Mike was still the CEO at ServiceNow at that time. But that is what digital transformation is. See what you can do with it" to data driving operations directly, right? And Americans always think that there's an easy answer to these questions. And, how do you design single best data operations platform you possibly can?". Don't typecast yourself." It could address very few use cases. And it's just, it's intoxicating that energy. I'm like, "We're not trying to indict what you've done. The San Francsico 49ers admitted that they might be forced to go quarterback hunting this offseason. At the same time, that was enormous anxiety about how the company was unfolding. Because now you're buying somebody else's culture. Nothing to do with financial targets or growth targets or market capitalization. While most CEOs would be described as the person who would take their company to the moon, Slootman has been referred to as the person who would take his company to Mars. No. I don't think about what's next. I actually wanted to retire, truth be told. Slootman may be someone you wouldnt be comfortable sitting face-to-face with, but hes definitely someone you can listen to in a room full of people. And the product was insanely fast, completely automated. And I had already made a little bit of a name for myself in the company. I can't get you aptitude. Frank Slootman, Chairman and CEO of Snowflake (NYSE: SNOW), presided over the largest software IPO in the NYSE's history, but it wasn't his first rodeo. And now, I feel like I'm being haunted, by this Dutch thing, this cloud that's hanging over me." And the reason that I found it so interesting is technology was mesmerizing. The consequences of your action are like right there. They're kind of like-. These days, a lot of folks take it for granted, but Wall Street has a fascinating history. The Frank Lloyd Wright (R) Suite will be accepting bookings from January 24, 2023, through March 31, 2024. . Articles taken from Draft Namespace on Wikipedia could be accessed on Wikipedia's Draft Namespace. There's no doubt, I'm a total hybrid here. Once you understand relationships, you can now predict them. But yeah, where the inspiration comes from, we've had three very successful companies in a row, so you get barraged by requests for, "Hey, can you explain to us what the secret sauce is? Everybody has access to talent. Neither ICE nor its affiliates make any representations or warranties, express or implied, as to the accuracy or completeness of the information and do not sponsor, approve, or endorse any of the content herein, all of which is presented solely for informational and educational purposes. Open main menu Close main menu Home About Us Contact Us States Advanced Search Why did you give up the helm of the invisible hand for this new role with Snowflake? 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. [1] In June 2012, ServiceNow became a publicly-traded company as Frank Slootman led the company through a $210 million IPO. I always tell my own people, "Look, I'm a piece on the chessboard, okay? 5.9% of any company is a huge deal. So, I got pestered by VCs over the years, like "When are you going to do an update to your book because you now have two more companies to talk about." And by the way, data platforms have been extremely fragmented historically. No, we're talking about stuff that's not working well. From the library of the New York Stock Exchange, at the corner of Wall and Broad Streets in New York City, you're inside the ICE House, our podcast from Intercontinental Exchange on markets, leadership and vision in global business. And by the way, for most people, that's a very difficult question. Early days of ServiceNow was just jungle fighting. JP Morgan paid $175 million for a startup it believes it was conned into buying. Obviously all the financial reporting, all the systems. And it worked like that for about a hundred years. But EMC prevailed. And I've never been able to equal that level of success with a marketing slogan. Learned an awful lot in that period of time. And that's all coming up right after this. And the whole point of the book is I try to contrast these experiences, like look, they're not the same. Obviously, I was a young man and not even in my mid-30s and I'm taking over a whole business, a whole organization, global, all this kind of stuff, so, it was a hell of. We wanted to buy technology from, what at that time was Veritas, Convo, companies that are still around, because then we could really address the, the functional scale and scope off our platform.