Pros
- There is almost no tech leadership left, and whatever 2 directors left are poor engineers and worse leaders so you can fool around easily without contributing anything. - Good for HR, Compliance, Legal and support as it is just a hollow structure with minimal invested users.
Cons
- No good talent survives for even a few months. Either they resign or are fired because of one reason or the other, the crux is incompetent leaders feel insecure because of smart people. Have seen people disappear within days across the spectrum from SDE-1s to VPs in the last few years. - All their new products have miserably failed even after trying for years and existing crypto products have non-monetizable users with hardly a few thousand users who invest, and CEO is happy singing 20Mil users song. - Their practices might be shady, as have seen people working on key projects ranging from CFO to VPs to devs disappear—regular raids and hiding phone bags, during them by CXOs. - The CEO treats people like nothing and pours frustration of failed products on whatever incompetent product team left. The stature of the CTO and COO is worse than that of devs or analysts. - Whatever Engineering leadership left is a big joke. Only quality they have is buttering and writing threads on Slack 24 hrs. No competent guy is willing to join them anymore due to toxic culture and no learning. Product and Tech guys should avoid joining at all costs. - The correct valuation might not be 1/10th so esops are worthless.