Startup Tome is reorganizing to target sales teams as paying customers, resulting in job cuts and a change in focus towards enterprise sales.
Originally attracting both professionals and consumers, Tome now concentrates on developing features tailored for sales organizations.
The company is working on AI tools for sales pitches, such as scraping SEC filings for valuable data and analyzing Salesforce information.
Consulting with Reid Hoffman, Tome's founder seeks to narrow the company's focus to generate revenue and potentially expand in the future.
Tome's new direction requires a shift in product development towards more information-processing oriented software.
Source: https://www.semafor.com/article/04/16/2024/ai-startup-tome-lays-off-staff-to-focus-on-revenue
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