> I would be apprehensive in investing in Snowflake long term purely because their product is highly susceptible to being obsoleted in the next 5-10 years.
This can be said about most products and companies. What keeps them alive is how robustly they capture (and hold on to) the market, reduce costs through economies of scale, and innovate. This specific market is also very rapidly growing.
This can be said about most products and companies. What keeps them alive is how robustly they capture (and hold on to) the market, reduce costs through economies of scale, and innovate. This specific market is also very rapidly growing.