Sanmeet Deo

Snowflake is a slow burn.

Like Rick had said too, this is one of those companies that they're going to make some big investments now, and then you're going to see, way down the road, those investments paying off in cash flow generation that will be sustainable.

But they have to build for that.

When it was rumored, I wasn't so hot on it.

I am a Netflix shareholder.

It's been one of my biggest and best holdings.

I wasn't too hot on it.

As I started to think about it, the announcement came out.

I'm going to say I'm going to give it one thumb up, one thumb down.

And the one thumb up is more for the strategic reasons.

I think this puts them as the streaming media powerhouse, like Disney Who at this point.

And down the thumb for just the fact that the financial burden is onerous.

I

They have a relatively lower debt profile, a leaner, meaner company.

I always think of Netflix as that young, lean, mean upstart.

They're not really that anymore.

They're more of the dominant play.

But it is a big financial commitment for something that... you can't have one without the other.

I'm not fond of the financial commitment, but you have to have it if you want that dominance.

definitely helps.