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How Mike Speiser and Sutter Hill are changing the rules for venture investing

How Mike Speiser and Sutter Hill are changing the rules for venture investing CNBC 1/24/2021 Jordan Novet Mike Speiser, an investor at Sutter Hill Ventures and the original CEO of Snowflake, is now aiming his attention at a cloud security start-up, Lacework. Several Sutter Hill start-ups are using Lacework, just as its portfolio companies adopted Snowflake. Investors have noticed the track record at Sutter Hill and are now trying to replicate it. © Provided by CNBC Mike Speiser Venture capitalist Mike Speiser had a historic 2020. His firm, Sutter Hill Ventures, turned an initial investment of less than $200 million in Snowflake into a stake worth $12 billion after its IPO in September.

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