This is my second stint with a tech startup, I took this job because I was told that Nextworld was a successful company on a path towards explosive growth. My take is that Nextworld is the worst run organization in software that has over 200 employees. They were founded over half a decade ago, burning millions of dollars a month, no realistic path to breaking even, no product/market fit, constantly missing goals, an exec team with a poor track record and a total number of customers you could count on two hands.
-company does a great job at first impressions and sets a high bar, but over time they struggle to live up to their own expectations
-career growth is limited by Nextworld’s lack of customer growth
-bought Cloud Inventory to "buy customers" and a "sales team", it's been over a half a year, and yet no new customers
-under market value salaries and compensation when compared with other tech companies (they're cheap)
-the equity program they rolled out earlier this year was underwhelming, it would take decades for it to be worth anything (assuming they're successful) and it’s not realistic for them to have a liquidity event or exit since they’re family owned and plan to stay that way
-major employee turnover as they fail to retain the best talent
-company lacks a sense of urgency, happy with mediocrity, and people are not held accountable to results
-spent millions on an education product that customers don't even use
-executives have no self awareness and poor soft skills including a lack of communication and transparency
-upper and lower management and have a hard time admitting the truth especially when it makes them look bad which is counter to their culture
-executive team lacks startup experience and adaptability and its painfully obvious they have outstripped their abilities
-individual contributors, especially young professionals, are misguided, manipulated and gaslighted by management when it comes to compensation, career opportunity and what's happening at the company
