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Buffett-backed unicorn Snowflake nets $3.4B in record-breaking IPO

markets.businessinsider.com

2 points by bishalb 5 years ago · 1 comment

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nabla9 5 years ago

> Buffett agreed to invest upwards of $550 million

Berkshire. Buffet has delegated most of his investment decisions to Ted and Todd and management to Jain and Abel.

$550 million is 0.1% of Berkshire assets and 0.14% of total equity, this is not the level of decision that needs much attention from Buffet.

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