Amp it Up

Founder's Journal

Morning Brew

Careers, Business, Entrepreneurship

4.8 • 1.1K Ratings

🗓️ 1 March 2024

⏱️ 24 minutes

🔗️ Recording | iTunes | RSS

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Summary

Episode 114: Yesterday, Snowflake announced that its CEO, Frank Slootman, was retiring. Slootman, former CEO of Data Domain and ServiceNow, is such a successful and well-respected CEO that Snowflake's stock was down 24.5% or $17 billion. In honor of Slootman’s amazing leadership, defined by high standards and high intensity, I’m reading an article he wrote in 2018 about how he runs his companies. Original essay: https://www.linkedin.com/pulse/amp-up-frank-slootman/ Send us an email and let us know what you think of the idea! [email protected] #FoundersJournal #Startups #Entrepreneur Listen to Founder’s Journal here: https://link.chtbl.com/OV4W93_W Watch Founder’s Journal here: https://www.youtube.com/@FoundersJournal/ Subscribe to Morning Brew! Sign up for free today: https://bit.ly/morningbrewyt Follow The Brew! Instagram - https://www.instagram.com/morningbrew/ Twitter - https://twitter.com/MorningBrew Tik Tok - https://www.tiktok.com/@morningbrew Follow Alex! Alex Lieberman (@businessbarista) Learn more about your ad choices. Visit megaphone.fm/adchoices

Transcript

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0:00.0	What's up everyone? Welcome back to another episode of Founders Journal. I'm Alex Lieberman,
0:04.2	co-founder and executive chairman of Morning Brew. Before hopping into the episode, I would love to hear from you.
0:10.4	Shoot me an email, introduce yourself. There is nothing better than
0:13.9	getting to meet my listeners and getting to learn about them. Just say
0:17.4	what's up at bare minimum or share a sentence or two about who you are and I will
0:21.6	100% respond.
0:23.5	My email is Alex at morningbrew.com.
0:26.4	Now let's get into it. A new seller's plans and goals usually boil down to one single desire, getting their products in front of millions of customers.
0:44.4	After all, visibility is everything and that's exactly what Walmart Marketplace can give you.
0:49.7	Walmart.com has more than 120 million unique monthly visitors, according to ComScore, making
0:55.8	Walmart Marketplace one of the fastest growing e-commerce platforms.
1:00.4	Now they want to help sellers bask in this glory.
1:03.0	New sellers who join Walmart Marketplace today can save up to 50% off referral and fulfillment fees.
1:10.0	Conditions apply.
1:11.0	To unlock this deal, gain access to millions of customers, and enjoy the scale of one of the world's biggest retailers, go to marketplace. Walmart.com.
1:20.0	That's Marketplace. Walmart.com slash F.J.
1:29.0	Yesterday it was announced that Frank Slutman, the CEO of Snowflake and former CEO of Data
1:35.6	domain and Service Now, was going to retire.
1:39.2	On the news, Snowflake stock was down 24.5% or $17 billion in market cap.
1:46.3	Think about how profound that it is to be such a successful and well-respected CEO
1:51.7	that your existence at a company is worth almost 20 billion dollars.
1:57.0	So in honor of Slootman's amazing leadership over the years defined by high standards and high intensity, I'm going to read an article
	...

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