It's the right move if they want to IPO. The "modern data stack" market excluding of data warehouse / data lake is pretty small. Fivetran is biggest one and st

It's the right move if they want to IPO. The "modern data stack" market excluding of data warehouse / data lake is pretty small. Fivetran is biggest one and still under $500M in revenue, so they're acquiring other parts and starting to offer their own datalake (managed Iceberg). Snowflake started offering fivetran-like connectors a couple years ago and I expect they'll double down there. Same with Databricks. Microsoft has Fabric now, but the reviews have been terrible (my experience included). I think they'll each ultimately have a full data stack. If you don't want to wait, we built a modern-data-stack-in-a-box at Definite (https://www.definite.app/ https://www.definite.app/).