Pros
The product set serves a real, albeit unsexy, need in the market (public-facing presentations compare it to a utility company). Many talented people at the individual contributor level.
Cons
Flexera has been driven into the ground by heavily insulated short-sighted leadership, and two boards of directors across two private equity firms chasing short-term profits at the expense of long-term growth. This company is a hollowed out shell of what it used to be, running so lean it's bleeding, all the best people have left or been pushed out, 99.9% of the equity is owned by the top 3 - 5 execs and boards waiting for their golden parachutes, and the company is perpetually on the auction block to the highest bidder. The owners are merely bean counters looking for higher margins for a higher valuation for sale, they have zero passion for the products, technology, markets or customers they serve. Innovation and organic growth ran out long ago, so they've pivoted to acquiring companies at a rapid pace, then quickly laying off the majority of them within 3 - 12 months to keep the technology and IP. Race to the bottom on employee costs, huge spike in India hiring at the expense of US employees for years now. Politics and fear run rampant, red tape is everywhere, career growth is plodding, constant reshuffling/rebadging/rebranding to temporarily change optics and distract people.
