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Right, but Amazon isn't an early-stage startup. It's a tech giant that wants all the employee-squeezing benefits of being an early-stage startup: sacrifice your
by koboll 5y ago
Right, but Amazon isn't an early-stage startup. It's a tech giant that wants all the employee-squeezing benefits of being an early-stage startup: sacrifice your life and comfort for the sake of the company. It's Day One, after all.
The problem is that what makes that sacrifice potentially worth it at an early-stage startup is the potential for equity before hypergrowth. Amazon has virtually no chance of startup-like hypergrowth anymore; recently its stock has even started declining. So employees are being asked to provide outsized sacrifice for declining returns. Predictably, massive resignation and retention problems are the result.
- dgemm 5y agoThe door desk story you are commenting on is from the 1990s.