My first job out of university was for a failed start up. When I joined it was fantastic. There were only a handful employees and the company was making good pr

My first job out of university was for a failed start up. When I joined it was fantastic. There were only a handful employees and the company was making good profit. Then somebody decided to expand as quickly as possible. They hired a new CEO that just didnt understand small businesses. She came from a massive company and her first reaction was to hire insane amounts of people (mostly middle level management) from her old job. They never managed to score another contract and ran out of money within a year. It was shameful how much money these guys grabbed for themselves and drove the company into the ground. It seems to me that certain people think that they can pay themselves whatever they want once they get investment money. Its like free money.