Snowflake (SNOW) is a new IPO that will start trading soon. The company is a cloud based data management company. What is rare is that Warren Buffett’s Berkshire Hathaway (BRK.B) plans to buy shares in the IPO. Berkshire Hathaway is neither known as an IPO investor nor a tech investor. Berkshire does have a large position in Apple (AAPL). Snowflake is nothing like Apple. In addition, Berkshire Hathaway reportedly plans to buy four million shares from an unnamed shareholder. Salesforce.com (CRM) also plans to buy shares in the IPO.

