Technology

Filing: Salesforce sold all its remaining Snowflake shares in Q1 2022; Salesforce bought 2.1M shares for $250M in Snowflake's IPO in 2020, and sold ~95% in 2021 (Jordan Novet/CNBC)

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Jordan Novet / CNBC:

Filing: Salesforce sold all its remaining Snowflake shares in Q1 2022; Salesforce bought 2.1M shares for $250M in Snowflake’s IPO in 2020, and sold ~95% in 2021  —  – Salesforce placed a $250 million bet on Snowflake at the time of the software company’s IPO in 2020.



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