calrueb
Joined 8 years ago
Joined 8 years ago
I suppose my larger question is if a private company is break-even/profitable would the investors/board ever ask management to make these cuts? If so, why?
I find it hard to accept both these statements "we continue to operate profitably" and "we still need to take more drastic measures for the health of our business". Why is the business health in question? The memo doesn't address it. I can only assume they are they projecting growth to go negative next year?
That said if we are talking about mid-level/L5 engineers... then yes, I agree. From a far, it seems very possible to coast for a full 4 year equity grant if you situate yourself correctly, and have a manager that lets it slide.
Clearly they aren’t doing enough of that if you can trigger this after waiting in line in a roller coaster park. I suspect they may end up geo-fencing known problematic areas as their algorithm doesn’t seem as great as they claim.
How do you primarily discover businesses and products?