Monday, June 8, 2026
No Result
View All Result
LJ News Opinions
  • Home
  • U.S.
  • Politics
  • World News
  • Business
  • Entertainment
  • Sports
  • Technology
  • Health
  • Opinions
  • Home
  • U.S.
  • Politics
  • World News
  • Business
  • Entertainment
  • Sports
  • Technology
  • Health
  • Opinions
No Result
View All Result
LJ News Opinions
No Result
View All Result
Home Business

Snowflake CEO says there’s a big myth at the heart of every org chart

by LJ News Opinions
June 8, 2026
in Business
0
Share on FacebookShare on Twitter

Good morning. What does it mean to be a “tech worker” in the AI age? I had a conversation with Snowflake CEO Sridhar Ramaswamy while moderating at the Snowflake Summit last week that got me thinking about that. His AI data cloud company recently reported what my colleague Sebastian Herrera described as a “blowout first quarter” that sent its stock price up more than 50%. Ramaswamy became CEO of Snowflake in 2024, several months after it acquired his search company Neeva that he’d formed as an alternative to Google’s advertising business that he’d helped build over 15 years. At Google, he saw how a singular focus on product could come at a cost to not only customers but employees.

“Google had at various times described itself as an engineering company or a product company and I felt that belittled and alienated a lot of people unnecessarily,” Ramaswamy told me. “One of the things that I try to do here is to make sure that everyone feels that they’re here for a reason, that the work that they do is valued and respected … We succeed by working well with each other.”

For a man who holds a PhD in computer science, who’s known for his ability to build, scale and manage breakthrough software products, that’s a profound statement. We’ve seen plenty of examples of Silicon Valley peers who talk glibly about player-coaches and view non-tech employees with visible disdain. It’s rare to find tech leaders like Ramaswamy or Cognizant’s Ravi Kumar S, who say that we’re on the cusp of an era where the ability to code will be table stakes and hiring those with other capabilities is also critical for success.

As Ramaswamy put it: “This belief in the current set of job specializations and job descriptions is a complete myth. There are many jobs that are simply not needed, and there are new ones that will be needed. Everyone conceptually understands this, except when it comes to the team that they are leading.”

“The most profound advantage that good young hires have is they have no good old days; they live in today,” he added, noting that the AI journey is still new for everyone. “The abstractions for what can be done are still early. That is what is going to reveal itself over the next few quarters.”

Ramaswamy will be joining my colleagues in Aspen for Fortune Brainstorm Tech, which starts today and can be watched via livestream.

Contact CEO Daily via Diane Brady at [email protected]

Top leadership news

Justifying SpaceX’s $1.75 trillion valuation

SpaceX would have to earn $1.1 trillion in revenue by 2035 to justify its expected market cap of $1.75 trillion. SpaceX’s S-1 filing revealed 2025 revenue of just $18.7 billion. And no company has ever come close to such a growth rate. 

The 200-year-old club

Twelve companies on this year’s Fortune 500 are at least 200 years old, including Molson Coors, Cigna, and JPMorgan Chase. Their longevity results from a durable core business, disciplined decision-making, and the ability to adapt without losing focus on the long game.

Signs of movement in the Strait

Talks to extend the ceasefire between the U.S. and Iran are dead in the water, but traffic through the Strait of Hormuz is anything but. The number of ships transiting the contested waterway remains just a fraction of pre-war levels, but fresh reports indicate activity is busier than previously thought.

The markets

S&P 500 futures are up 0.34% this morning. The last session closed down 2.64%. The STOXX Europe 600 was down 0.45% in early trading. The U.K.’s FTSE 100 was flat in early trading. Japan’s Nikkei 225 was down 3.85%. South Korea’s KOSPI is down 8.29% today. China’s CSI 300 was down 2.14%. Hong Kong’s Hang Seng was down 1.22%. India’s NIFTY 50 was down 1.13%. Bitcoin was at $63K.

Around the watercooler

‘The golden years are not golden’: Boomers are hoarding most of America’s wealth and power because they’re terrified of outliving their money by Nick Lichtenberg 

High-earning millennials and Gen Zers feel broke and conflicted: ‘I make a good salary, I shouldn’t be struggling this much’ by Sydney Lake

SpaceX’s IPO will also be a massive selling event triggering big price dislocations across the stock market as investors dump shares to buy SPCX by Jason Ma

The Seattle Storm used to be the ‘tail’ on the ‘dog’ of its NBA counterpart. Now the WNBA team is leading the city’s basketball revival by Sasha Rogelberg

CEO Daily is curated and edited by Joseph Abrams, Jason Ma, Claire Zillman, and Lee Clifford.

Source link

Tags: CEO Daily
LJ News Opinions

LJ News Opinions

Next Post

Four takeaways from Trump’s explosive NBC interview

Recommended

Jennifer Aniston looks somber as she heads to funeral of her manager Aleen Keshishian’s mom, 90, whose son directed Madonna’s Truth Or Dare

2 years ago

Hospital needs help identifying man found injured in Riverside County

1 year ago

Popular News

    Connect with us

    LJ News Opinions

    Welcome to LJ News Opinions, where breaking news stories have captivated us for over 20 years.
    Join us in this journey of sharing points of view about the news – read, react, engage, and unleash your opinion!

    Category

    • Business
    • Entertainment
    • Health
    • Opinions
    • Politics
    • Sports
    • Technology
    • U.S.
    • World News

    Site links

    • Home
    • About us
    • Contact

    Legal Pages

    • Privacy Policy
    • Cookie Privacy Policy
    • Terms of Use
    • Disclaimer
    • California Consumer Privacy Act (CCPA)
    • DMCA
    • About us
    • Advertise
    • Contact

    © 2024, All rights reserved.

    No Result
    View All Result
    • Home
    • U.S.
    • Politics
    • World News
    • Business
    • Entertainment
    • Sports
    • Technology
    • Health
    • Opinions

    © 2024, All rights reserved.