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‘Vista Controls Us’: 5 Warnings From Inside Datto’s IPO

Ahead of its IPO, Datto is setting the stage for a potential conflict between investors and its private equity owner forewarning that ‘its interests may conflict with ours or yours in the future.’

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Ten-Percent Laid Off

In May, Datto announced layoffs, but it did not specify how many or how widespread. In the S-1 the company copped to cutting 10 percent of its workforce. At the time the company counted about 1,700 works. The move cost Datto $3.8 million in severance payouts to departing employees.

 

 

 
 
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