Cognition denies Factory allegations after hiring Degnan as CRO

Hey Matan - CEO of Cognition here. I respect the work you have done at Factory but your allegations here about Cognition are not true. We have no interest in Factory’s info and Chris has never brought it up. He has not shared and would never share any information about you or Factory with our team, nor would we ever ask. Similarly, we would never ask our engineers or anyone on our team to collect info about any competitor under-the-table. Chris is an advisor to at least 10 companies, and he told you he was resigning as an advisor on Monday. The truth is we both wanted Chris and for good reason - he is a living legend with an unmatched reputation for results and integrity. Not only is he the only person who has built a sales org from the first sales hire to over 3B, he also has built…

We’re thrilled to welcome Chris Degnan as our Chief Revenue Officer to help us scale globally and build the future of software. Chris joined Snowflake as its first sales hire. Over the next decade, he scaled alongside the company and grew into Snowflake’s CRO, driving over $3B in ARR and building one of the most iconic sales organizations in tech. He’s a world-class leader that builds winning teams, executes with relentless rigor, and focuses on what’s right for customers. We’re also excited to partner with Chad Peets and the RPT team to build Cognition’s GTM team. Chad was Chris’ co-pilot in building Snowflake’s world-class sales team. Welcome to Cognition, Chris.

Hot damn, this is some massive drama… Factory AI board member Chris Degnan accused for secretly giving out confential business details to Cognition; terminated from Factory; 50 minutes later announces joining Cognition as CRO… WTH 🤯