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The Mess at Meetup

gizmodo.com

41–50 of 99 posts

Re: The Mess at Meetup

#41
post #9

Earlier quoted context omitted.

It is much harder to take something away, than to have never granted it in the first place. Also if an employee chose to take a lower salary to work at a company with a relaxed culture, and that culture becomes just like any company, why wouldn't that employee expect their salary to be upped accordingly?

This article itself never mentions complaints about money. It reads to me that some employees don't want to accept the revised growth focused values, thus getting let go and still felt salty/betrayed about this. If the culture will be gone no matter what because of the company's own reality, and they refuse to accept such changes, isn't departure an inevitable outcome?

This article itself never mentions complaints about money.

Sure, but the point I am making is that it is a material change to established terms and conditions.

Interestingly, one of the standard lies told during acquisitions is that "nothing will change", it's quite unusual for an acquisition target to do something like this. Usually its managers and even its previous owners if they become employees of the acquirer are taken by surprise when head office stamps on them.

Re: The Mess at Meetup

#42
post #24
post #22

I'm really conflicted by this article. On the one hand, it's always a shame to read of cases where a company with a great culture which people clearly enjoyed and valued is changed for 'bad' reasons - takeover, or profit, or similar. ...but... > “I really don’t think they would have been able to attract the talent they did without it because the product wasn’t there. They didn’t innovate. Meetup is not attractive exc…

The greatest reason I believe a company should prioritize for cultural excellence is for its causation effect on product excellence. I firmly believe this causation exists and this mutually exclusive scenario you mention doesn't exist.

[deleted]

Re: The Mess at Meetup

#43
post #24
post #22

I'm really conflicted by this article. On the one hand, it's always a shame to read of cases where a company with a great culture which people clearly enjoyed and valued is changed for 'bad' reasons - takeover, or profit, or similar. ...but... > “I really don’t think they would have been able to attract the talent they did without it because the product wasn’t there. They didn’t innovate. Meetup is not attractive exc…

The greatest reason I believe a company should prioritize for cultural excellence is for its causation effect on product excellence. I firmly believe this causation exists and this mutually exclusive scenario you mention doesn't exist.

There are also a lot of counter examples eg. Investment banking, Uber.

Re: The Mess at Meetup

#44
In the last few months the organizers of the meetups I go to have been complaining about changes to meetup, and noted that it is obvious that the changes are being made by people with no clue about what organizers need or how they use the platform. I've been using Meetup for at least a decade, and I've never heard this topic raised before.

The conversation continued about alternatives and only Facebook was considered a viable alternative.

This could be a big opportunity for a new player.

Re: The Mess at Meetup

#45
post #24

Earlier quoted context omitted.

The greatest reason I believe a company should prioritize for cultural excellence is for its causation effect on product excellence. I firmly believe this causation exists and this mutually exclusive scenario you mention doesn't exist.

There are also a lot of counter examples eg. Investment banking, Uber.

Investment banking is largely driven by sales, as far as friends in the industry have told me. The company simply needs to support an effective sales culture, not a product one.

Re: The Mess at Meetup

#46
post #19
post #18

Earlier quoted context omitted.

I guess the problem stems from whether you see a company as a 'family' or a 'place of work'. I'm personally pretty sceptical about the 'family'-type. In my experience this goes overboard and ends up being an ineffective day-care center for adults. On the other hand, clarity and business results done in a human but effective way tend to get people motivated and intellectually do their best work. Disclaimer: this is fr…

An apt comparison! Netflix, as a point of reference, talks about "team versus family" in their culture page: > A dream team is one in which all of your colleagues are extraordinary at what they do and are highly effective collaborators. The value and satisfaction of being on a dream team is tremendous. Our version of the great workplace is (...) a dream team in pursuit of ambitious common goals > If you think of a pr…

lol, story time!

I joined a new team where the members never eat lunch with each other. I don't like to eat with co workers every single day but I do want to chat with them casually once in a while. So I organized a team lunch.

I'm not sure if anyone enjoyed it. =/

Re: The Mess at Meetup

#47
post #44

In the last few months the organizers of the meetups I go to have been complaining about changes to meetup, and noted that it is obvious that the changes are being made by people with no clue about what organizers need or how they use the platform. I've been using Meetup for at least a decade, and I've never heard this topic raised before. The conversation continued about alternatives and only Facebook was considered…

Out of curiosity, what are the things the organizers are complaining about? I’ve used meetup as an organizer but not in the last couple of years.

Re: The Mess at Meetup

#48
post #24
post #22

I'm really conflicted by this article. On the one hand, it's always a shame to read of cases where a company with a great culture which people clearly enjoyed and valued is changed for 'bad' reasons - takeover, or profit, or similar. ...but... > “I really don’t think they would have been able to attract the talent they did without it because the product wasn’t there. They didn’t innovate. Meetup is not attractive exc…

The greatest reason I believe a company should prioritize for cultural excellence is for its causation effect on product excellence. I firmly believe this causation exists and this mutually exclusive scenario you mention doesn't exist.

While the OP may be wrong in assuming mutually exclusive scenario, the causation effect is not clear either, There are plenty of examples for both kind of cultures creating product excellence and also failing miserably.

Re: The Mess at Meetup

#49
post #8

There seems to be an overall attitude in these early comments that have seemed to reach a consensus of, "Those changes sound like what every company should have." Personally, I'm not sure I agree. I think it's entirely possible that those qualities are not what help startups grow, but instead please investors/people not involved in the actual success of the company, while generally decreasing real productivity, incre…

It depends on how you view it, over the long term you are simply left with people who can cope, whether it is good way to run a team/organization is a different question, but it certainly possible to get gains over longer periods of time

For example in professional team sports you face high pressure constantly, while individuals fail all the time unable to cope with demanding physical and mental nature of the job, teams however can and do usually improve because the retain the ones who can thrive and perform in such environments and "firing" the ones who don't.

Re: The Mess at Meetup

#50
post #17

Meetup and AirBnB are the two companies that made the most profound positive impact to my life. They allow me a type of lifestyle that would not be possible without them. Travel around the world, stay in places I like and meet like-minded people. I couldn't say which of the two companies creates more value for me. So it's interesting to see that one is valued at $20m and one at $1B. Is the recent Meetup redesign rela…

Honestly I thought it was the other way around: Meetup valued at 1B and WeWork at 20M. I mean WeWork is just a chain of shared offices. Whereas Meetup is unique and used in any major city all over the world. As you said: It is a gem.

WeWork is growing rapidly and has a product people are willing to pay well over the cost for. Meetup doesn’t seem to have those same tailwinds.

If you could buy either company outright for $50MM, I think it’d be a grave mistake to choose meetup. If you could buy 0, 1, or 2 of them for $50MM per, I still think meetup is a hard pass. I’m thinking WeWork overpaid especially if they bought in cash. (Maybe less so if they paid in unicorn shares.)

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