Indeed! Honestly, I'd expect a moderate inverse correlation between valuation and code/practice quality. I suspect that's obviously true for large, successful

Indeed! Honestly, I'd expect a moderate inverse correlation between valuation and code/practice quality. I suspect that's obviously true for large, successful companies. We've all heard stories about people at stable companies with terrible dev practices, because ultimately dev practices don't matter for companies with sufficiently strong market positions. Are some of them good even though they don't have to be? Sure. But plenty aren't. But I'd also think it's true for the whatevercorns. For raising that kind of money, big public drama is vital. Look at WeWork or Theranos. Great at dramatics, great at raising money. Technical competence for them was at best irrelevant to getting the next valuation bump. If the execs favor dramatic announcements over slow-and-steady gains, I expect that will influence how promotions happen and gradually trickle down to dev practices in a lot of places.