4 ms·
They are a BI dashboard company with lots of data integration connectors. They've been burning money with ads declaring 'spreadsheets are dead' and silly Domopa
by randyzwitch 8y ago
They are a BI dashboard company with lots of data integration connectors. They've been burning money with ads declaring 'spreadsheets are dead' and silly Domopalooza[1] lifestyle events
[1]https://www.domo.com/news/press/domopalooza-2016-to-feature-flo-rida-award-winning-musical-artist-as-entertainment-headliner https://www.domo.com/news/press/domopalooza-2016-to-feature-...
[2] https://www.domo.com/news/press/kesha-joins-the-domopalooza-2017-entertainment-lineup https://www.domo.com/news/press/kesha-joins-the-domopalooza-...
[3] https://globenewswire.com/news-release/2018/02/15/1349133/0/en/Domopalooza-2018-Announces-Pitbull-as-Entertainment-Headliner-at-After-Hours.html https://globenewswire.com/news-release/2018/02/15/1349133/0/...
- reaperducer 8y ago>silly Domopalooza[1] lifestyle events Reminds me of a particular west coast startup I was associated with that took its final round of funding and blew most of it on a massive out-of-town party. Flew in all of the A-list bankers and tech types it could find. The idea was to make the (failing) app look like a huge deal in the eyes of investors and get bought, thus fulfilling its exit strategy. It worked.
- tardo99 8y agoIs the identity of this startup a secret? Maybe someone with a throwaway account could post it? Super curious here...
- cookiecaper 8y agoFWIW I had a startup as a contract client that sounds like they did something similar. Spent hundreds of thousands throwing a "relaunch party" to pander to investors. I assume this strategy is not rare. Only difference is that it didn't work for them and they went under a few months later.
- toomanybeersies 8y agoPied Piper?