Buffett-backed unicorn Snowflake nets $3.4B in record-breaking IPO

  • > Buffett agreed to invest upwards of $550 million

    Berkshire. Buffet has delegated most of his investment decisions to Ted and Todd and management to Jain and Abel.

    $550 million is 0.1% of Berkshire assets and 0.14% of total equity, this is not the level of decision that needs much attention from Buffet.