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Industry Focus

Tech: No Arigato, Domo

Industry Focus

The Motley Fool

Interview, Money, Consumergoods, Business, Businessnews, Ceo, Technology, Investing, Stocks, Energy, Fool, Financial, Economy, Healthcare, News, Banking, Motley, Tech, Business News, Investments

4.6854 Ratings

🗓️ 22 June 2018

⏱️ 18 minutes

🧾️ Download transcript

Summary

Data analytics company Domo has plans to go public, but should investors want a piece of this former unicorn?

Transcript

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0:00.0

Welcome to Industry Focus, the podcast that dives into a different sector of the stock market every day.

0:07.0

It's Friday June 22nd and we're saying no arigato to Domo.

0:11.0

I'm your host Dylan Lewis and I'm joined on Skype by senior tech specialist

0:14.7

Evan New. Evan what did you think of that intro? I thought that was pretty clever.

0:18.1

Yeah, it's kind of asking for that pun, you know, I mean, it's too easy to pass.

0:24.0

Yeah, I could not.

0:25.0

I used the same similar pun in one of my articles.

0:28.0

We leaned on your articles for the outline of today's show, and I will say, I was like, I saw that

0:32.0

and I was like, I got to integrate that somehow into the introduction I was hoping you to enjoy it I hope our listeners do too

0:37.7

So we're gonna be talking today about an upcoming IPO and this is Dom, it's a name that folks that follow the private market

0:46.0

might be somewhat familiar with.

0:47.3

This is a company that has a decent following because it's a unicorn.

0:50.9

It's one of the private companies that has a valuation over a billion dollars and it seems like they are kind of looking at the IPO market and saying hey like there've been some pretty good issuances this year.

1:01.0

Pretty warm welcome to a couple of the issuances this year.

1:03.7

That looks good.

1:04.7

Also, we're a company that desperately needs money.

1:07.6

So it's time for us to go raise some.

1:10.4

So this is going to be, I think, an IPO that has a decent amount of coverage on it. We wanted to talk about it

1:15.7

before too many other folks got in on it. Why don't we start out just talking about what the company does and kind of their space in software as a service.

1:24.0

Sure, so they're primarily an enterprise software company and really focusing on data

1:29.4

analytics. So you know they try to gather and monitor data from all across your company and really kind of

1:35.4

organized in a way to allow these executives to make data-driven decisions so they have

...

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