Utah-based Domo on the rebound after a rough run-up to its IPO

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  • Cranston Saratoga Springs, UT
    Sept. 11, 2018 12:55 p.m.

    Does anybody over 30 work at Domo? I for one would be interested in seeing those figures now that they are a public company.

  • Malihini Northern, UT
    Sept. 10, 2018 11:12 a.m.

    It looks like the ego-centric CEO has curtailed his lavish lifestyle a bit to allow for some of the cash balance to improve. But still with expenses so high and outpacing revenue you have to wonder about the future of this company. It's one thing to scale but while doing so they will begin to really compete against the more established, larger players and then the leadership of this company will really come under the spotlight. Good luck.

  • Johnny Triumph Salt Lake City, UT
    Sept. 10, 2018 9:28 a.m.

    Top-line and Bottom-line revenue numbers are very different animals, I'm constantly amazed that the markets just want to see growth, they don't care much about actual company health. Even with growth on large subscribers I'd still, as an investor, be concerned about burn rate...those IPO filing concerns are troubling still. I can't have full confidence in a CEO or a company that burns so much VC cash in such a small amount of time.

  • Frank Walters Salt Lake City, UT
    Sept. 10, 2018 9:23 a.m.

    @maxpower - I hope you have success finding companies willing to spend like Domo did/does on its employees, Domo is a VERY rare breed. Not many companies will burn through $700M in such a short amount of time.

    I had seen Omniture's success so was intrigued by Domo's potential. They approached me two different times for opportunities but each time I left with major red flags about the processes involved. It was clear that it would not be a good working environment and I had serious questions about the backend's ability to scale.

    I hope they're successful, I know quite a few people working there. But I have had serious doubts about them and the info in the IPO filing did nothing but increase my concern for my friends working there.

  • MaxPower Eagle Mountain, UT
    Sept. 10, 2018 6:54 a.m.

    This is fantastic to hear! I worked at Domo for a few years, and it really set the bar for how I expected my future employers to treat me.

    I wish them all the success in the world.