141–150 of 265 posts
Private equity firm cuts out RSUs and focuses on eeking out high margins without raising salary compensation to offset changes. All the senior people from Startup A and a number of senior people from B all jump ship within 6 months.
Another sign its time to leave: when the company starts doing "reorgs". Get out as soon as you can!
This post rings eerily true. Recently had a company all-hands where the CEO said basically the exact same lines. The whole "if you don't love working here, then you should leave" bit made me cringe. Easy for you to say when you've got a significant equity share in the company. The saddest realization I've had working at companies is how power-hungry people are, how little respect the people in power often have for th…
The key to have an impact is not to pose critical questions, but to make constructive suggestions. Instead of saying "you are doing this wrong", suggest how to do better. Good leaders appreciate and encourage this, in particular if the request comes in an actionable format, i.e. "I suggest to do X in order to achieve Y" is much better than "decision Z is stupid".
This post rings eerily true. Recently had a company all-hands where the CEO said basically the exact same lines. The whole "if you don't love working here, then you should leave" bit made me cringe. Easy for you to say when you've got a significant equity share in the company. The saddest realization I've had working at companies is how power-hungry people are, how little respect the people in power often have for th…
I'll take the unpopular position of supporting a small room of a few "higher ups" making decisions. This is exactly what you want: a small number of people with a lot of skin in the game making important decisions. Good leaders gather feedback and counter-arguments beforehand, but then make a firm decision, and it's diminishingly rare for that decision to please everyone. The people who are not pleased should still f…
I personally love it when higher-ups make a decision without consulting me. Because then I have zero skin in the game. I don't work ridiculous hours. When I am involved in decision making, then I make sure project succeeds. Sometimes that means working late hours, taking pro-active steps to remove blockers etc.
But if I am told what to do without consulting me, then I don't care. There is a lot less stress on me. If it appears decision was stupid and project will not meet deadline, I make sure everyone knows and rarely ever put in more than 40 hours on such projects.
Earlier quoted context omitted.
Our CEO has flat out told us that it's incredibly hard for him to get honest feedback from anyone (except for maybe the board and investors), and another executive echoed this. Nobody wants to question the almighty CEO to his face. Nothing against the CEO. He's an extremely friendly and approachable person. Most people just fear questioning authority and power, and the CEO in a modern day corporation is revered simil…
It's not possible to implement some type of anonymous feedback system? My company sends out periodic anonymous surveys as an attempt to garner feedback from the employees. The only problem I see is if employees, for whatever reason, don't believe such a system is truly anonymous and thus refuse to give honest feedback. I don't see that being a common trend though. If so, it probably signals more serious problems betw…
I personally will never trust any such survey at work.
Earlier quoted context omitted.
I had a boss like this. Talked with his bosses multiple times, no change. When I left a couple of weeks prior to my one year vest and another colleague did the same a couple of months later (both of us key/senior people), they noticed a little bit. Eventually said individuals behavior and reputation impacted his own goals when seeking funding. That said, upper management didn't do anything until after the fact.
Yeah I've noticed that usually you need at least 4 people to quit before anything happens to the boss. Even if they know he sucks they're gonna try and keep him on. No idea why, but it has the appearance of "he's part of the mgmt club and you aren't"
With the first you can prepare for their fuck-up, with the unknown things could be a lot worse.
This post rings eerily true. Recently had a company all-hands where the CEO said basically the exact same lines. The whole "if you don't love working here, then you should leave" bit made me cringe. Easy for you to say when you've got a significant equity share in the company. The saddest realization I've had working at companies is how power-hungry people are, how little respect the people in power often have for th…
And sadly, I believe that even with UBI, people will still play their power games, do politics, all that. There might be less of it, but either that is part of human nature (if there is such a thing), or else it would take a massive change in society to make petty turf wars and office politics disappear.
Earlier quoted context omitted.
As an aside, my 20-something-SF-resident-friends are flabbergasted when I tell them that I, as a person who's spent his whole life is this start up la-la-land that is SV, have absolutely no interest in "changing the world". I just want to work on interesting business problems, just like many others just want to work on interesting technical problems.
In my experience, the notion of "change the world" has no age bar sadly. Also, "change the world" is often thrown about in arguably shallow contexts. But then look at how Facebook got started, and it is fair to say that it has changed the world. My point? I agree with you, but I am not sure if that's just cynicism because arguably "shallow" companies have changed the world for real.
Earlier quoted context omitted.
I'll take the unpopular position of supporting a small room of a few "higher ups" making decisions. This is exactly what you want: a small number of people with a lot of skin in the game making important decisions. Good leaders gather feedback and counter-arguments beforehand, but then make a firm decision, and it's diminishingly rare for that decision to please everyone. The people who are not pleased should still f…
You like people telling you what to do and having no control over those decisions? Personally I absolutely loathe such environments, especially when the decisions are made haphazardly without proper rationale, which they often are (executives are human too). At the end of the day, the "subordinates" are the ones actually doing the far majority of the work, and they far outnumber the managers. I don't see why the work…
It honestly depends on how much skin I have in the game.
The founder of my company spent years using his own money and getting personal loans to fund it. So the decisions that he makes directly impacts him.
A lot of the managers here also grew with the company and have invested years of time and money.
For me, this is just a job. It's a good job, but I wouldn't really be willing to sacrifice anything for it. I would leave for another job before it came to that.
I think a more fair way might be how law firms set up partnerships. If you want to be a decision making member, you have to put in a substantial amount of money.
This post rings eerily true. Recently had a company all-hands where the CEO said basically the exact same lines. The whole "if you don't love working here, then you should leave" bit made me cringe. Easy for you to say when you've got a significant equity share in the company. The saddest realization I've had working at companies is how power-hungry people are, how little respect the people in power often have for th…
While America was founded on the principles of democracy, didn't they make sure that only a select group of people could participate?
In that way, it's similar to how companies are run, with a select group of people making decisions.