Pomel: Major Datadog Investor Dumped All Shares When COVID Lockdowns Began
Olivier Pomel · How Two French Engineers In New York Built The Company That Monitors The Entire Cloud · Y Combinator · Jul 24, 2026 · at 16:11
Datadog CEO Olivier Pomel describes the post-IPO volatility Datadog faced in March 2020 when its lockup period expired during the initial COVID-19 pandemic crash.
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“Our lockup expired the day of the COVID lockdowns. So I don't know if you remember, there was a big market crash that day. It was also a lockup expiring. One of our biggest investors got scared and he dumped everything that day. So I think, I don't know, we're down like, oh, 65%.”
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