Overpaid executives. I worked for a darling in the security space that has not posted a profit ever in it's 7 years post-IPO (they could at this point, but choo

Overpaid executives. I worked for a darling in the security space that has not posted a profit ever in it's 7 years post-IPO (they could at this point, but choose not to). Yet the company paid the CEO, multiple years I was there, over $300M annually. The current CEO makes a "base" $128M and has incentives of over $400M dangling in front of him. Yet any time the company misses guidance do you know what they blame? Paying the "field" (sales and field engineering) too much in commission and stock grants. Yet if you roll up all executive and board grants on an annual basis you're north of a Billion (with a B) in pay. Yet... No analyst has the nerve to ask that question point blank on the earnings call. Beyond executives and the board? Marketing. I'm now at a much smaller F round startup that blew $350k+ on the RSA conference and another $150k+ on expenses for said show. The return on that is miniscule. Where does the money go? I feel like most startups I've been in have been very good at funneling the funds exactly where they want it. Profitable doesn't seem to be the goal anymore, but more of to sink as much cash into executive pockets as quickly as possible.