Once great, but going public killed the culture - Anonymous employee Blackbaud Employee Review

As the years went on after going public, the parties got cheaper, the culture collapsed in search of a better stock price, and the in-house technology became outdated. Way too many levels of middle management, and their implementation of "agile" development was really standard waterfall interrupted with weekly 30-person meetings, where the most unqualified people talked the most (so they'd be seen "contributing"). Bottom-tier talent is never fired, just moved from department to department.