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