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

Domo, once a high-flying $2.8 billion darling in the data analytics space, is now grappling with significant turmoil. The company has faced a series of executive departures, intensified competition from AI-driven rivals, and a major scandal involving the arrest of its founder and CEO, Josh James, on DUI charges. These events have thrown Domo into a crisis mode, challenging its stability and market position. This situation underscores the fragility of tech startups that rely heavily on visionary leadership, especially when that leadership is marred by personal controversies.