Sounds like this works great for them, and an awesome environment to be a part of.
However I'd be very curious to see how this evolves as the company grows. Personally, I am skeptical that this is sustainable in the long term. In my experience, most people are a) bad at writing and b) hate reading. And as a company grows, and the number of documents that need to be written and read explodes, this work pattern eventually becomes untenable. More and more meetings get scheduled to cover topics that are not well documented, which causes people to have less time/inclination to create or consume high quality documents, and it becomes a feedback loop.
(Edited to make it clear that I am not against the idea, just curious to see how it evolves)
However I'd be very curious to see how this evolves as the company grows. Personally, I am skeptical that this is sustainable in the long term. In my experience, most people are a) bad at writing and b) hate reading. And as a company grows, and the number of documents that need to be written and read explodes, this work pattern eventually becomes untenable. More and more meetings get scheduled to cover topics that are not well documented, which causes people to have less time/inclination to create or consume high quality documents, and it becomes a feedback loop.
(Edited to make it clear that I am not against the idea, just curious to see how it evolves)