Samsara

• IPO in 2021, very likely to have 10x returns.
• Growth has resumed since Q3 and Q4.
• Management is listening to feedback and making changes.
• Engineering work is very interesting.
• Smart and helpful coworkers.

Layoffs had bad publicity. Management planned for the worst case with COVID, and that did not happen.

The timing of the last funding round was a mistake, as it happened when the market was down. If funding had been raised in Q4, the valuation would have increased to 10B+.

Recent attrition.

• Promote people from within.
• Make sure Comp 2.0 is a success, or else attrition will increase.
• Continue investing heavily in R&D and diversifying the products.
• Keep being transparent.
• Keep the engineering hiring bar high; otherwise, it will affect product development a few years down the line.
• Attrition is causing people to leave the company, especially early employees.