Vantaggi
- fun place to work if you are a part of the original squad. Otherwise, you will be ostracized.
Svantaggi
- Hire to fire model (they wait until you are about to hit vesting cliff) - CEO's mood changes with the weather and the phases of the moon - If you aren't a part of the original <20 team, you opinion doesn't matter - No managers, just micromanagers - Management (CEO included) has done excellent job at destroying any chance that this company had at creating and scaling a strong culture - They will never be able to attract and retain top talent if they keep letting go of new A players who challenge the original squad - No large reputable VC firm will touch Finix with a 10ft pole after how poorly things were handled with Sequoia. (You'll notice they need to glue together smaller investors now) - DOWN ROUND. The can keep extending investments into existing rounds and claiming it's an extension. Need I say more? - Highly political: if you are not a part of CEO's circle, expect to be fired before any of your equity vests