Forget Amazon, Microsoft, and Google: This Disruptive Cloud Startup Could Be the Biggest Threat to Snowflake’s Long-Term Growth

The bulls were dazzled by its triple-digit-percentage revenue growth and retention rates, but the bears balked at its steep losses, nosebleed valuations, and the competitive threats to its business. It lost its luster as its revenue growth cooled off and rising interest rates popped its bubbly valuation.