• stoly@lemmy.world
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      1 month ago

      I worked for a company that was roughly 15 years old at the time and still very much in startup mode. In the end, it was a mechanism to shovel lots of money into the pocket of the CEO and some of the investors. It’s why they never grew, aside from incompetence.

    • Grandwolf319@sh.itjust.works
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      1 month ago

      When they are profitable I’m guessing. Usually startups are suppose to grow as fast as they can even if it means running a deficit. Pretty ridiculous imo.

    • Marthirial@lemmy.world
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      1 month ago

      It’s like when you have a shitty kid that never grows up and is still pissing the bed 20 years later.