Culture and morale

Since the market started turning in 2022, we’ve been focused as a team on team morale. Anyone that works at a startup right now has been feeling the pressure. Rising interest rates have dried up the capital markets. Sales cycles have slowed. Nearly every startup and tech company has gone through at least one RIF over the last 18 months.

It’s easy to be down right now. Bonuses and salary increases have dried up. Equity grants have dropped significantly in value. I’ve personally gone through a lot over the last 18 months and it’s undoubtedly has been the hardest period in my career. Knowing the challenges that we’ve faced and will continue to face in this bear market, we’ve put an extra emphasis on doing the best we can for our people.

First, we want to make sure that growth does not stop. We’re placing extra emphasis on supporting our people in achieving their personal and career growth trajectories. Everyone at the company is still working through career and growth plans.

We are also giving our people the opportunity to expand out of their traditional comfort zones. Bear markets like these are a great time for employees to take on new strategic projects.

On top of all this, we’re placing an extra emphasis in culture and camaraderie. We’re all in this together. Your culture is what happens when shit hits the fan and shit has hit the fan a lot over the last 18 months. We’re doing a lot of work to ensure that our culture and values do not disappear even when times are rough.