Snowflake to buy Crunchy Data for $250M • Hacker News Board

Re: Snowflake to buy Crunchy Data for $250M

#61

Post by pier25 » Tue, Jun 03, 2025, 5:01 AM UTC

buremba wrote: post #28

It's interesting that Snowflake went shopping for Crunchy Data over Neon. While Neon focused on bringing compute and storage separation to OLTP, Crunchy Data focused more on bringing OLTP/PostgreSQL closer to OLAP with DuckDB and Iceberg. In a way, Crunch Data was a competitor to Snowflake as they literally name themselves as "Postgresql Data Warehouse" but correct me if I'm wrong. Neon sounds more complementary to S…

Crunchy is the company with more in depth technical knowledge of Postgres.

A couple of core Postgres members work there and iirc also the guy who spearheaded Heroku Postgres.

Re: Snowflake to buy Crunchy Data for $250M

#62

Post by debarshri » Tue, Jun 03, 2025, 6:16 AM UTC

achristmascarl wrote: post #29

debarshri wrote: post #19

I think $250M is fairly low. Must be a good deal for snowflake.

I wonder what accounts for the gap between this and Neon's $1B price tag. Is the deal structured less favorably for Neon? Does Neon have significantly more revenue? Seems like Neon raised a lot more venture funding, too.

Value is an intriguing concept. They may not have the revenue to justify their value or maybe they have. The price tag could be the result of an amazing negotiation or could be genuine forward-looking features they had.

You will never know.

Re: Snowflake to buy Crunchy Data for $250M

#63

Post by apexalpha » Tue, Jun 03, 2025, 6:18 AM UTC

samokhvalov wrote: post #55

buremba wrote: post #37

Earlier quoted context omitted.

I thought Crunchy Data Warehouse was their main product, looking at most of their marketing posts. What's the advantage of using their managed PostgreSQL offering on the cloud, compared to native offerings such as AWS RDS and GCP Cloud SQL?

1) built using an open source kubernetes operator, as I understand 2) Crunchy provides true superuser access and access to physical backups – that's huge

Sounds like Stackgres?

Re: Snowflake to buy Crunchy Data for $250M

#64

Post by eampiart » Tue, Jun 03, 2025, 7:56 AM UTC

FridgeSeal wrote: post #13

steveBK123 wrote: post #11

Earlier quoted context omitted.

I read this as "buying potential competitors off the market" right? Less ability for customers to roll-their-own => more customers for Snowflake?

With neon being bought by databricks, serverless Postgres tech has effectively disappeared from the market.

Prisma Postgres is a nice choice if you're looking for serverless postgres.

Re: Snowflake to buy Crunchy Data for $250M

#65

Post by ziml77 » Tue, Jun 03, 2025, 12:28 PM UTC

9283409232 wrote: post #18

kwillets wrote: post #7

Snowflake is becoming the Juicero of data.

If you can afford it, I have a hard time coming up with reasons to not use Snowflake.

Just for the data sharing feature alone it's worth using. It's so damn easy to onboard and maintain data sources when they have a Snowflake share. You don't have to worry each day about loading processes randomly failing and you don't have to write any custom logic to hit APIs and properly flatten and merge responses into the database.