Schneider: Domo Raised $600M and Went Public at a Loss
Steven Schneider · 1458 Why He's Aiming for 20% FCF+Growth As $30M ARR Private Equity Owned Company · Jul 22, 2019 · at 16:02
Logi Analytics CEO Steven Schneider argues against Nathan Latka's suggestion to pursue aggressive, capital-dilutive venture-backed growth by pointing to Domo's public market performance.
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“Domo is a competitor in our space that raised, I think, six hundred million dollars went public. And it's trading at last I checked less than that. And they certainly went public for a net loss for their investors.”
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