These IPO’s keep coming out of Silicon Valley at higher and higher valuations. I know a few young men that work that graduated university the past couple of years and work for Snowflake. I’m happy for these great guys since they received options at the time of hire. I figured the guys that were hired two years ago are sitting on roughly 8x incrase in their option value at the current $12.4B valuation. I lament the fact that the valutions on SaaS companies are so high that we do not get to partake in the early valuation runup.
Lee