Data analytics firm Domo closes up 30% on its first day of trading, raising $193M in its IPO at a $524M post-money valuation; Domo was valued at $2.1B in 2017
insiders tell us that CEO Josh James apologized to the entire company … CNBC : Domo CEO: We are focusing on our customers Sara Salinas / CNBC : Domo pops in shaky opening day Art Raymond / Deseret News : Following a turbulent windup, Utah's Domo stock sails on IPO Alex Konrad / Forbes : Its Stock Up 30% After Diminished IPO, Domo's Defiant CEO Says It's Back On Track Julie Bort / Business Insider : Domo went public and investors are biting but a watchdog warns ‘stay away from this IPO’ Tweets: Stasys Bielinis / @staska : Did you consider the ratchet clauses, how many more shares GGV and BlackRock may have now, and their actual per/share cost basis at IPO? Especially for GGV - which has been in Domo since Series B? https://www.crunchbase.com/... Matt Rosoff / @mattrosoff : Ouch: Investors who have suffered most from the contraction include BlackRock and GGV Capital, who paid $126.47 a share in sales that continued until June last year — a long way from the $21 that Domo priced its shares in its IPO this week. http://www.ft.com/...