2.0
Dec 15, 2022
Current employee
Recommend
CEO approval
Business Outlook
Pros
They give all employees shares of the company. Some people seem to be very happy.
Cons
PE funding means short term drastic moves that try to make the company look good (while falling apart behind the scenes because the employees have zero work life balance.) The only goal is to sell the company in a few years and then cash out, leaving a mess behind. It drives off the good employees. I've seen it multiple times. As soon as PE firms enter the picture, it's all about greed for the top and exploitation of the people who actually DO the work. They pay lip service to "our employees are our biggest asset" but they overwork everyone.