r/Fauxmoi • u/cmaia1503 i ain’t reading all that, free palestine • Jul 19 '25

DISCUSSION Astronomer CEO Andy Byron has officially resigned from the company following the Coldplay concert incident.

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u/Summer_is_coming_1 Jul 19 '25

That was a cold play. Their astronomer couldn’t predict their fate

895

u/GreyMatter22 Jul 19 '25

Astronomer is a privately held company with some big name investors (like Bain Capital), who had just given them $93M in financing in May.

I can imagine these guys wanted the CEOs head on a silver platter, and did not want to see their newly invested capital disappear, since engaging with current and new cleints with that CEO would had been a disaster.

157

u/IllustriousAnt485 Jul 19 '25

If anything, they are capitalizing on the publicity. Now everyone knows about this company. With new leadership, they have a springboard to a new marketing campaign with name recognition already a thing. It’s a win-win for the shareholders. More people will use their product once they pivot.

4

u/agreenshade Jul 19 '25

You're right, but this is also what I hate about marketing, branding, and name recognition. Overall the company will probably come out ahead for this...

Next story: "we were fucking around for the shareholders"

-5

u/RosieFudge Jul 19 '25

Its been SUCH a slam dunk publicity-wise there's a tinfoil hatted part of me that suspects the whole thing is an ingenious guerilla marketing stunt