opportunity cost is tremendous, let's save the company
Pros
It used to be a great company. Mission, passion, excitement, purpose. Two founders, friends from college united in the common mission to bring genetics directly to the consumer. Scientist and business men, funded well. And then we get CTO, and then we get CEO. It is now two companies - leadership team + others. And the disconnect only keeps growing. Emasculated people are at the mid-management level and lower. They cannot make any independent decisions; all the decisions are made by the “leadership team”. In addition, additional decisions are made by founders+CEO team. This is ridiculous, we are not 2K people company, we are 185 people company.
Cons
The company is afraid to acknowledge what is happening. Some people get fired, more people leave. There is always a no-explanation explanation for that, full of corporate speak. People know better! Stock misrepresentation is pretty bad. Please acknowledge this at least. There is nothing you can do in retrospect, but please be open and transparent with your employees.
