DataRobot founder and former CEO Jeremy Achin in a screengrab from a company promotional video via YouTube
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Conflict Over IPO, Sales Led to CEO Ouster at DataRobot

Photo: DataRobot founder and former CEO Jeremy Achin in a screengrab from a company promotional video via YouTube

Jeremy Achin had had enough of the questions about an initial public offering.

Late last year, Achin—then the CEO of DataRobot, a nine-year-old artificial intelligence startup valued at nearly $3 billion by blue-chip investors—presided over a virtual company meeting in which he responded pointedly to employee questions about when DataRobot would go public. He told employees that he, not the startup’s investors, would decide when the company would have an IPO, according to three people who saw the meeting live. In another meeting, he said any employees who continued quizzing him about IPO plans or acquisitions would be fired, according to a person who saw a videotape of the meeting.

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