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Snowflake acquires Streamlit for $800M to help customers build data-based apps

129 pointsby talltofuabout 3 years ago

16 comments

kthejoker2about 3 years ago
This seems like a lot of money? I like Streamlit fine but I don&#x27;t see $800m of value in it or even its potential.<p>What am I missing?<p>On the other hand, definitely encouraging me to go start a side hustle building some ML-tinged BI app on top of Dremio or Fugue or Materialized or Datadog or some other contender for data platform du jour and just hunt down Fortune 500 users to give it away to in exchange for (9 figure!) clout.
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dangabout 3 years ago
The company announcements are <a href="https:&#x2F;&#x2F;blog.streamlit.io&#x2F;snowflake-to-acquire-streamlit&#x2F;" rel="nofollow">https:&#x2F;&#x2F;blog.streamlit.io&#x2F;snowflake-to-acquire-streamlit&#x2F;</a> and<p><a href="https:&#x2F;&#x2F;investors.snowflake.com&#x2F;news&#x2F;news-details&#x2F;2022&#x2F;Snowflake-Announces-Intent-to-Acquire-Streamlit-to-Empower-Developers-and-Data-Scientists-to-Mobilize-the-Worlds-Data&#x2F;default.aspx" rel="nofollow">https:&#x2F;&#x2F;investors.snowflake.com&#x2F;news&#x2F;news-details&#x2F;2022&#x2F;Snowf...</a><p>We changed the URL above to what seems to be the best third party article (for reasons I was explaining in a different thread earlier: <a href="https:&#x2F;&#x2F;news.ycombinator.com&#x2F;item?id=30531133" rel="nofollow">https:&#x2F;&#x2F;news.ycombinator.com&#x2F;item?id=30531133</a>).
oerpliabout 3 years ago
I&#x27;ve been using Streamlit for roughly half a year to build various dashboards and GUIs for custom analysis scripts and I am honestly neither surprised that they were acquired nor by the price tag.<p>Our data is quite complicated and needs a lot of custom code &amp; filtering. Even relatively simple analytical questions need some custom code, if people don&#x27;t want to do almost everything manually (i.e.: Origin, Export to Excel, crop and move around data...).<p>Over the years I built up libraries and functions for some of these tasks and with Streamlit I can just slap a sufficiently nice interactive GUI on top in 1-2 hours and iterate the analysis live during a call (give them the URL and ask what additional filters, visualizations they would need, adapt the code in the background and they see the results instantly).<p>Overall, congratulations - well earned. Also, I considered applying for a position there and regret not doing so.
gk1about 3 years ago
Congrats to the Streamlit team. My every interaction with them has been positive. Add to that the great product and community they’ve built, and you get a company that’s deserving of this outcome.
notacanofsodaabout 3 years ago
Is this strange to anyone else? Streamlit and Snowflake occupy fairly different niches.
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nyellinabout 3 years ago
Very cool.<p>A few months ago I tried building a configuration manager for robusta.dev using streamlit.<p>Basically I wanted to autogenerate a frontend for arbitrary Pydantic models (in my case configurations of Kubernetes automations). The tooling was still lacking so I abandoned the project, but it was really cool just how far I could get with writing almost no code. A way better experience than all the no code tools IMO
domunabhaiabout 3 years ago
$800M feels rich though. Is it validated or just speculation by TechCrunch?
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ahungryabout 3 years ago
It&#x27;d be nice if someone on the Snowflake team actually maintained their JS adapter... (<a href="https:&#x2F;&#x2F;github.com&#x2F;snowflakedb&#x2F;snowflake-connector-nodejs&#x2F;pulls" rel="nofollow">https:&#x2F;&#x2F;github.com&#x2F;snowflakedb&#x2F;snowflake-connector-nodejs&#x2F;pu...</a>)
lumostabout 3 years ago
I&#x27;m really unclear on snowflake&#x27;s valuation along with similar companies in the cloud data space. Why are these companies worth 100x revenue?
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talltofuabout 3 years ago
<a href="https:&#x2F;&#x2F;youtu.be&#x2F;vDD7oKVkcCk" rel="nofollow">https:&#x2F;&#x2F;youtu.be&#x2F;vDD7oKVkcCk</a>
teruakohatuabout 3 years ago
I wonder what Plotly&#x27;s valuation is. Surely more than Streamlit and they have only raised &lt;$19 million.
vietvuabout 3 years ago
I was surprised by the number. Streamlit is good, but that amount of money is quite absurd, even in equity.
rovr138about 3 years ago
Has anyone compared Streamlit and Anvil, <a href="http:&#x2F;&#x2F;anvil.works" rel="nofollow">http:&#x2F;&#x2F;anvil.works</a>?<p>They look similar from the preview.
juancampaabout 3 years ago
Slightly off-topic but I wish there was a better term than &quot;data&quot; to describe these types of systems.
gotmediumabout 3 years ago
dupe: <a href="https:&#x2F;&#x2F;news.ycombinator.com&#x2F;item?id=30533250" rel="nofollow">https:&#x2F;&#x2F;news.ycombinator.com&#x2F;item?id=30533250</a>
xiaodaiabout 3 years ago
streamlit is a nifty ableit limited package. Well done.