This bit from the employee announcement about how they're handling equity vesting [1] is worth highlighting as a pretty classy move, all things considered: > We’re waiving the one-year equity vesting cliff for all departing employees so that everyone has an opportunity to be a shareholder, regardless of your tenure. [...] All departing teammates will qualify for an extended option exercise period of 5 years, and we h…
I always thought it was awesome that a company to support creators was creator lead. I came across Jack Conte in 2010 before Patreon existed. He was a music creator on YouTube that made what he was calling Video Songs, songs with each instrument part video'd and mixed together, and selling his music collection through e-junkie at the time. He was one of the first creators I ever financially supported. Some of the vid…
Don't mistake that for being a good CEO. He gives deep-felt apologies every time he does layoffs... which he does frequently. Often because he just doesn't like what people are doing. He also frequently communicates with the public in a more heart-felt manner than he does his own employees. He's great at putting out a great face.
- 5 days ago - Security Team - https://techcrunch.com/2022/09/09/patreon-security-layoffs/
- 2021 - https://www.protocol.com/bulletins/patreon-lays-off-36-emplo...
- 2020 - https://techcrunch.com/2020/04/21/patreon-lays-off-13-of-wor...
- 2019, September layoffs (can't find the links for these ones)
- 2019, June layoffs
- 2018, June layoffs
Also, to be clear. I was not one of the ones laid off. But I did see my entire team besides my manager vanish one day and then be told I'm expected to do the team's work for the next 6 months.