Snowflake reports Q1 revenue up 48% YoY to $623.6M, vs. $608M est., forecasts Q2 product revenue below est., and plans to acquire startup Neeva; SNOW drops 10%+
- Snowflake beat on the top and bottom lines for the fiscal first quarter, but it gave product revenue guidance that missed consensus estimates.
Neeva, a $4.95/month ad-free search engine from two ex-Google executives, launches after raising $77.5M
Neeva, a $4.95/month ad-free search engine from two ex-Google executives, launches after raising $77.5M
Sridhar Ramaswamy and Vivek Raghunathan helped turn Google into an ad giant. Now they're starting over with a service whose only customers are its users. — A new search engine?
Neeva, which is developing an ad-free search engine to be funded by subscriptions, raises $40M, valuing it at $300M and bringing the total raised to $77.5M
even beyond existing giants and startups. https://www.forbes.com/... Sar Haribhakti / @sarthakgh : Two Google veterans starting a company to compete with Google is why non competes culture of SV is so...