OFS is plagued by structural and systemic problems that, after years of operation, either have not or simply cannot be rectified. Despite its infatuation with the "startup" label, OFS is not a tech company: it is a hospitality firm, claiming to be in the business of disrupting an industry it has repeatedly shown it does not actually understand. At the local (branch) level, OFS is a bunch of 20- and 30-somethings with little to no experience in bringing a company to profitability. Moreover, there are legitimate concerns about the OFS's ability to ever reach profitability, given the notoriously low margins of the industry and the firm's continued difficulty in finding a stable operating model.
OFS has not demonstrated any of the positive scale or network effects often associated with tech startups. This is because OFS is not a tech startup, but a hospitality upstart. Unlike airbnb, OFS purports to sell a luxury product, making cost-cutting difficult, as consumers of luxury goods and services are particularly sensitive to reductions in product quality. The only ways for OFS to significantly reduce its costs also significantly impact guest and homeowner experience, harming the overall brand. Like many other would-be "disrupters" of low-margin industries centered on physical goods or services, OFS is struggling to reach profitability. Given that OFS is still not profitable after 8 years of operation (the firm was founded in 2009), it seems unlikely that it will ever be able to survive without significant investor subsidy.
The tech startup concept is particularly laughable when applied to OFS, due to its ongoing issues with technology. Internal apps frequently fail. Office IT is often one overworked (and massively under-appreciated) staff member. Tech tools are chosen poorly and then barely maintained. Internal systems for data collection and management are insufficient, if present at all. While OFS likes to present an image of being a nimble, young, tech-driven company, its tech is woefully inadequate.
There are also significant problems with OFS's office culture. OFS branches are racially stratified, with the vast majority of black and brown staff members occupying the lowest positions (mostly cleaners). After being acquired by its corporate parent and the subsequent revelation of the firm's dire financial situation (severe capital burn, etc.), OFS began to cut costs by laying off or otherwise removing its lowest paid staff, sometimes replacing them with "independent contractors" (quotes used, because these workers often do not meet the legal requirements set by the Department of Labor). As for higher paid staff (managers, etc.), there seems to be a dearth of oversight and a glut of undeserved compensation. The firm tracks very little data and has almost no useful performance metrics. As such, friends hire friends and friends promote friends. Poor performance, especially in managers, is rarely (if ever) punished. Hardworking employees at lower levels are routinely exploited and sometimes outright abused.