3 Reviews
Most people are nice. Our marketing team is bar none. Our CX team is good. Our engineers are good. Our product works well and has a clear business case. We’re profitable and we were successful enough to get acquired.
No one in leadership has any leadership experience. Our leadership team is in way over their heads with their choice to get acquired by HealthEquity. They know it, and the whole team knows it. We aren’t going to meet their aggressive revenue goals, and when that happens we know that our leadership team is likely going to be nixed by our new parent company. Our leadership team’s current plan to meet their revenue goals is to offer our product for free. No one on the team agrees with this plan. It mathematically will not work, but that’s what they’ve decided to do. They made the mistake of selling our product as a scalable product to the company that acquired us when it’s definitely not. Even if it was, we would need to hire a lot more people to meet these revenue goals while maintaining our existing revenue, and we aren’t going to be able to do that in this job market. The writing is on the wall. The good news is that if our leadership team is nixed, maybe our new leadership team will actually have leadership experience.
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