Great tech, poor leadership - Anonymous employee Fermata Energy Employee Review

• Power struggles and misalignment at the executive level made it difficult to set and stick to a coherent strategy. • The company was deeply committed to evangelizing V2G, but lacked a strong product-market fit and failed to focus on how the technology actually solved real customer problems. • Key leaders were overly ambitious and out of touch with market realities, particularly on the utility and grid side, which led to talented engineers spending time on the wrong things. • A major contributor to these issues was the investor base. They didn’t understand the market, lacked strategic vision, and viewed the company more as an charger sales / infrastructure play than a technology company. This severely constrained leadership’s ability to make the right calls and contributed to the indecision and poor direction. In short: weak leadership compounded by misaligned investors resulted in flawed strategic choices, poor product decisions, and ultimately a cycle of either overbuilding technology that didn’t fit the market or doing nothing at all out of fear of building the wrong thing.