Snowflake: Back to "normal"

Professor Dominique Jacquet takes a look back at one of the giants of the Cloud business, Snowflake since its stock market listing.<br />He takes the opportunity to reflect on GAAP versus Non-GAAP models and share-based compensation.<br />He takes his relationship even further by asking whether stock-based compensation is real compensation.<br />He takes it a step further by asking whether current accounting concepts are really suited to entrepreneurship.<br />What's more, in this month's blog post, he completes his analysis, and proposes some managerial thinking on the subject.