You'll never actually get to build anything because you are constantly pivoting and throwing stuff out. There is no focus they have almost 0 tech experience and yet are trying to start 10 tech companies at the same time. I'm pretty sure they put a bunch of words in a hat and draw 2 of them out and if that sounds like a good name they will start a company. And if they do have a company that might end up being successful they will cannibalize it and split it up into 4 different companies.
The ego of the leadership is absolutely out of control. That should be pretty obvious because they think they can start 10 companies without ever being successful in a single company. They literally made jackets that have 4 commas on them because they believe it's going to be a trillion-dollar company. Don't get me wrong this should actually be a good thing that you are confident and will fake it until you make it. But they believe they are the smartest people in the room and know exactly how to do everything and refuse to listen to any advice from people that actually know what they are doing. They've actually made some really good hires for people that have experience growing and building tech companies. But when they come in the inner Rex entourage gets scared because they might lose their power and they get rid of them.
Since they are an anti-tech tech company and they are the only ones who know the actual way to run tech companies so they refuse to raise VC money. So they only want to raise a few million here and a million there from the good ol' boy's network. So they have a big expensive capital-raising team to raise money yet they still haven't raised anything meaningful. And now they have run out of money and are doing mass layoffs. I guess they are finally so desperate that they will try to raise money from VCs but I doubt any VCs want to invest money in a bunch of businesses with 1-2 employees and a bunch of offshore engineers.
They brand themselves as the new tech leadership and they are not like other tech companies. The funny thing is the way they are not like other tech companies is by being like old traditional corporations. The ones with tons of bureaucracy, where you can't speak to the person next door you have to go through someone else to talk to them. The ones where you need to run everything by somebody who is not there for the day-to-day work. The ones where you are micromanaged by an executive who is supposed to be focused on running 10 companies but is concerned with how much padding is around a button. The ones where brown-nosing and talking get you promoted rather than actually doing good work. The ones where there is no transparency where the people at the top make decisions and they don't tell anyone. They keep saying just to trust them because they are the smartest people in tech. And they became the smartest people in tech by reading books about Amazon. Yes, this trillion-dollar ecosystem of 10 companies that are going to take over the tech industry is completely run on books about Amazon.
There is a clear track record of failure here. They've had a few tech plays and they've all failed. They completely burn the network in their current city so they pick up and move to another city until they fail and burn the network again. Since they are once again doing mass layoffs they will soon re-brand and move to another city. Hopefully, if you are thinking about working here you do your research and are able to uncover these previous failures and know that history doesn't always repeat itself but in this case, it probably will.
