It tends to work for small early teams, but it tends to not survive growth and turnover. The reason is that in order to make it work you have to rely extremely

It tends to work for small early teams, but it tends to not survive growth and turnover. The reason is that in order to make it work you have to rely extremely heavily on behavioral norms and a “social contract” that every team member exercises restraint, and in practice that’s very hard to enforce without a hierarchy.