joining us now cnbc exclusive, sno snowflake's chairman and ceo and upcoming book "amp it up" frank slootmand to see you. now this quarter, i i'm not into reporters congratulating on quarters, but given what we've seen growth names do, it's remarkable you're up 110% year over year and you had a nine-figure deal and five eight-figure deals. am i reading that right? >> yes, i think you are. >> what is the difference that you're seeing -- how are you able to get deal sizes that large over this period of time what's the strategy that's allowed your sales force and your company to execute in that way above expectations >> one of the really important observation here is that what we really do is enabling demand that we believe has just been pent up since really suffocated for a long period of time that really couldn't be manifested. and if you couple that with the bigger macro backdrop the whole move toward direct to consumer and digital transformation data becoming so coordinated, operations becoming so core to how companies operate, now it's a perfect storm. really, really potent cocktail for gr

lot are seeing really strong sales in demand overall, i mean, take snowflake last week we had frank slootmanthat stock spiked after earnings and grew top line 110% now, it's not even positive for the week, right? so yes, in a sense it's had some trouble, but then since the ipo, it's still higher and that ipo had this amazing pop that a lot of people thought wasn't sustainable and yept it has been sustained. so i think investor conviction is really called being tested in this environment like did you really believe what you said you believed in when you said you believed it or were you just chasing momentum. now the chips are down even though the semiconductors are up >> it's a good point and to your point, dee, about when exactly some of these folks got in, remarkable data out of gray scale today that more than half of bit owners of bitcoin got in the last 12 months. you prefer to gotten in before that but for some people the trade has not been good. >> yeah. depends on when you got in these weekend moves have been comically placed for the crypto complex. the biggest one we have seen among t