Domo's fall: How a $2.8 billion software unicorn is fighting for survival after CEO scandal, AI disruption, and executive exodus

Domo, once a $2.8 billion cloud software unicorn, is now fighting for survival amid a series of crises. The company has been hit by executive departures, the emergence of AI agents as a competitive threat to its business intelligence platform, and the highly publicized drunken-driving arrest of its founder and CEO Josh James. The article traces Domo's trajectory from a high-flying startup backed by prominent investors like Jeff Bezos and Mark Cuban to a struggling public company facing existential challenges. It examines how the company's culture, leadership missteps, and failure to adapt to the AI-driven shift in business intelligence have eroded its market position and investor confidence.