Snowflake is not expensive because of perverse incentives, which is the primary claim of the article. It is expensive because it is a highly differentiated and very sticky product.
As others have mentioned, competition is the ultimate incentive to work on performance. Every dollar of Snowflake revenue is a dollar of revenue that Amazon, Google, Microsoft and Databricks are fighting for.
Snowflake is not expensive because of perverse incentives, which is the primary claim of the article. It is expensive because it is a highly differentiated and very sticky product.
As others have mentioned, competition is the ultimate incentive to work on performance. Every dollar of Snowflake revenue is a dollar of revenue that Amazon, Google, Microsoft and Databricks are fighting for.