Ali Ghodsi, Co-Founder and CEO of Databricks Inc., speaks during a television interview for Bloomberg Technology in San Francisco on October 22, 2019.

David Paul Morris | Bloomberg | Getty Images

With cloud stocks amid a two-month slide, the CEO of one of the world’s most valuable private software companies isn’t worried.

Data blocks, whose software helps customers store and clean data for employees to analyze and use, was appreciated with $ 38 billion in its final round of funding in August. Although the company has not yet announced when it will go public, CEO Ali Ghodsi told CNBC that if sales grow at the current pace, the share price will adjust itself in due course.

“As long as you have growth rates that are growing as fast as we do, sooner or later that growth rate will break through the multiple compressions of the market,” Ghodsi said in an interview this week.

It’s a bold claim. Have investors


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