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It absolutely is. When your boss asks for overtime and weekends to support the company in a startup culture, they take the most valuable thing any of us has. Th
by nicoffeine 5y ago
It absolutely is. When your boss asks for overtime and weekends to support the company in a startup culture, they take the most valuable thing any of us has. The exchange is about more than money and time: they are also expected to pour their time and effort into this one idea with similar, if not equal, sacrifices. They sink or swim with you.
This putz was too cowardly to lead honestly, and too incompetent to get a deal done to protect the livelihood of his team. If he knew he was checked out, he could have explored restructuring and letting the team buy in, maybe allowed them to reach out to their network and replace him. Instead all those hours of effort were reduced to nothing while he ran away from his responsibilities.
Fuck people like that, and fuck their boats and their Instagram feeds. They steal time away from our families for no benefit to us our society at large.
- uxcolumbo 5y agoExactly. Well put. If you as a CEO feel burnt out etc and can't be bothered anymore to run the company and can't find a buyer, but the folks who joined your company are still invested because they believe in the vision, then let them buy the company from you. I'm sure some arrangement could have been made, even if you're not getting the millions you were expecting. At least you'd protect your personal brand when you go and do your next venture. But the way Ryan handled this is really poor - especially those sailing boat shots, while his employees had to worry about finding the next job. Poor leadership and he totally burnt his personal brand imo. Edit: typos / clarity