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#77
#77

Frank Slootman

Snowflake / ServiceNow / Data Domain

Industry

Enterprise Software / Cloud Data

Country

United States (born Netherlands)

Founded

2019

Net Worth

$2B+

All 25 Entrepreneurs

Famous Quote

If you want to increase performance, raise the bar, increase the tempo, and sharpen the focus.

Why #77

Slootman led three companies to multi-billion-dollar outcomes (Data Domain, ServiceNow, Snowflake), including the largest software IPO in history. His execution-obsessed approach has made him the most sought-after CEO in enterprise software.

The Story

Frank Slootman is the most successful hired-gun CEO in enterprise software history. He has led three companies to massive outcomes: Data Domain (acquired by EMC for $2.4B), ServiceNow (grew from $93M to $1.4B revenue during his tenure), and Snowflake (the largest software IPO in history at the time, raising $3.4B at a $33B valuation). No other executive has a track record like this.

Slootman's approach is brutally simple: focus on the product, obsess over execution, eliminate bureaucracy, and grow revenue at all costs. His management style is demanding and confrontational — he has been described as the 'anti-cozy' CEO in an era of employee-friendly tech culture. He fires underperformers quickly, compresses decision-making timelines, and sets targets that most teams consider unrealistic.

At Snowflake, Slootman took over a cloud data warehousing company and turned it into the fastest-growing enterprise software company of its era. Warren Buffett's Berkshire Hathaway — which almost never invests in tech IPOs — bought $735M in Snowflake stock at its IPO, a remarkable endorsement of Slootman's leadership. His book 'Amp It Up' became required reading for CEOs who want to accelerate growth.

Key Achievements

1

Led Snowflake to largest software IPO ever ($3.4B raised, $33B valuation)

2

Grew ServiceNow from $93M to $1.4B revenue

3

Sold Data Domain to EMC for $2.4B

4

Buffett's Berkshire Hathaway invested $735M in Snowflake at IPO

5

Three consecutive multi-billion-dollar CEO outcomes

6

Wrote 'Amp It Up' — bestselling book on execution-focused leadership

By the Numbers

$3.4B

Snowflake IPO Raise

$93M → $1.4B

ServiceNow Revenue Growth

$2.4B

Data Domain Exit

$735M

Buffett Investment

Fun Facts

He grew up in the Netherlands and speaks with a Dutch accent that has become his trademark.

Warren Buffett's Berkshire Hathaway invested $735M at Snowflake's IPO — Buffett almost never buys tech IPOs.

His management philosophy is summed up as 'Amp It Up' — do everything faster, with more intensity.

He is known for starting meetings by asking 'What's the problem?' and cutting through pleasantries.

He retired briefly after ServiceNow but came back for Snowflake because 'the opportunity was too big.'

Frequently Asked Questions

Who are the greatest entrepreneurs of all time?

The greatest entrepreneurs include Steve Jobs (Apple), Elon Musk (Tesla/SpaceX), Jeff Bezos (Amazon), Bill Gates (Microsoft), and Mark Zuckerberg (Meta). Each built companies that fundamentally changed how the world works — from personal computing and smartphones to e-commerce, cloud computing, and social media.

What makes someone a successful entrepreneur?

Successful entrepreneurs share several traits: the ability to identify unmet needs, willingness to take calculated risks, relentless execution, and resilience in the face of failure. They combine vision with practical problem-solving and are willing to persist long after most people would quit. Capital and credentials matter far less than most people think — resourcefulness beats resources.

Can you become an entrepreneur without a business degree?

Absolutely. Many of the greatest entrepreneurs had no business education. Steve Jobs dropped out of college. Richard Branson left school at 16. Sara Blakely was selling fax machines. Henry Ford had no formal engineering training. Jack Ma was an English teacher. What matters is not the degree — it is the ability to see an opportunity, build something people want, and persist through failure.

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