A TikTok Interview Triggered a Securities Filing (businessinsider.com)
(Friday October 31, 2025 @06:50PM (msmash)
from the brave-new-world dept.)
- Reference: 0179923244
- News link: https://tech.slashdot.org/story/25/10/31/1721243/a-tiktok-interview-triggered-a-securities-filing
- Source link: https://www.businessinsider.com/influencer-interview-snowflake-cro-triggered-an-8k-filing-2025-10
Snowflake filed an 8-K with the Securities and Exchange Commission earlier this week after its chief revenue officer [1]gave financial projections in a TikTok video . Mike Gannon told an influencer outside the New York Stock Exchange that the data-storage company would exit the year with just over $4.5 billion in revenue and reach $10 billion in a couple of years.
The filing stated that Gannon is not authorized to disclose financial information on behalf of the company and that investors should not rely on his statements. Snowflake reaffirmed its August guidance of $.395 billion for fiscal year 2026. The video appeared on an account called theschoolofhardknockz and drew more than 555,000 views on TikTok. Gannon told the interviewer he watches the videos all the time.
[1] https://www.businessinsider.com/influencer-interview-snowflake-cro-triggered-an-8k-filing-2025-10
The filing stated that Gannon is not authorized to disclose financial information on behalf of the company and that investors should not rely on his statements. Snowflake reaffirmed its August guidance of $.395 billion for fiscal year 2026. The video appeared on an account called theschoolofhardknockz and drew more than 555,000 views on TikTok. Gannon told the interviewer he watches the videos all the time.
[1] https://www.businessinsider.com/influencer-interview-snowflake-cro-triggered-an-8k-filing-2025-10
We need to stop all MBAs from working (Score:2)
Until we can figure out what the hell is going on.
Re: (Score:2)
> Until we can figure out what the hell is going on.
Who said they were working in the first place?
Re: We need to stop all MBAs from working (Score:2)
MBA is not the problem. The MBA student with zero work experience that jumped in straight off university in the hopes of landing a higher paying job, and the institution who is not vetting who their MBA students are and what they can add to the actual MBA program, those are the problem.