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The Nexus
BUSINESSJun 27 · 15:16 UTCBUSINESS INSIDERRosalie Chan ([email protected])

How Domo went from a $2.8 billion darling to fighting for its survival

Domo, once valued at $2.8 billion, faces financial and leadership crises, including CEO Josh James' arrest for drunken driving, executive departures, and a 80% decline in share price. The company now seeks a sale to meet loan covenants and address $137 million in debt.

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DomoorganizationJosh JamespersonMark MaughanpersonAI agentstopic$137 milliontopic
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