Exceptional article. Thank you! (I don't feel so bad about buying brownies and cookies from my sons (11) business for our company off-site now. I just hope he doesn't see this article! $1m!!!)
There's a few articles' worth of lessons in here, great post. I remember this one being a head scratcher at the time it went public.
Another problem for this company's stock price is that all of their VCs were likely ready to sell and get out of this one as soon as their lockups expired.
Thanks to Albert Cory for sharing your post. I'm missing a sense of purpose and vision. Did they have these, or just a bunch of possible products to throw at the market hoping that one 'hit'? I wonder if the founder got bored not being in the game, decided to try again. Hard not to be the master of a universe when you're used to it. Making a home-run the first time was probably a major-league rush.
Domo: Cautionary Tale of Hype & Inefficiency
Great article. I cross-posted this to my channel; hope you don't mind. Feel free to cross-post anything I have.
Exceptional article. Thank you! (I don't feel so bad about buying brownies and cookies from my sons (11) business for our company off-site now. I just hope he doesn't see this article! $1m!!!)
Good article! Very logical explanations. The short sellers should be happy with Domo.
There's a few articles' worth of lessons in here, great post. I remember this one being a head scratcher at the time it went public.
Another problem for this company's stock price is that all of their VCs were likely ready to sell and get out of this one as soon as their lockups expired.
Thanks to Albert Cory for sharing your post. I'm missing a sense of purpose and vision. Did they have these, or just a bunch of possible products to throw at the market hoping that one 'hit'? I wonder if the founder got bored not being in the game, decided to try again. Hard not to be the master of a universe when you're used to it. Making a home-run the first time was probably a major-league rush.