https://www.glassdoor.com/Reviews/SKULLY-Reviews-E1046917.ht...
https://www.glassdoor.com/Reviews/SKULLY-Reviews-E1046917.ht...
As for the fake reviews… People across the org may have wildly divergent experiences working at a company. Even a fairly small company. Often the person who someone reports directly to has an outsized impact on said person's experience. In an early stage company the individuals doing people management tend to be, at best, very new to that specific part of the job. At worst the company grows large-ish before any official "reports-to" structure is put in place.
I've worked at places where my advice to leadership would be "keep doing what you're doing" while other Glassdoor reviews seemed to have had one of the worst experiences of their lives. That doesn't mean that I planted a review. Maybe I had a particularly good manager? I could have worked in the only good part of the org or a negative review may have come from someone who worked in the only bad part of the org.
It's pretty easy to openly communicate with management (all the way up to c-level) in my experience, no need to put it on some website when you could discuss it with them directly.
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Can't comment on whether this is true in this case but I've seen it before and I always wonder how, and where are the investors, and aren't they paying attention, and ....?
For example, let's say I wanted to take an expensive vacation. I would fly to Europe (1st class, of course), stay in nice hotels, and basically live it up. I would mark this down as a "recruiting expense", or "customer acquisition cost". If the investor cared to drill down to this level, all they would see is a $75,000 trip to Europe for recruiting. They wouldn't know how many people went, or how successful it was. $75k is nothing next to an engineer's salary, and a recruiter would take a fee on the same order of magnitude, so I doubt they would bat an eye, but a 20-something founder could take a pretty sweet vacay for $75k.
Want a new motorcycle? Its for product testing, of course. New $80k Tesla? We're exploring how our tech could be expanded to used in cars, not just with motorcycles. Hookers and blow? Team building.
That being said, I think much of the grayness is for a reason. Brutal frugality will choke a business nearly as much as overspending.
In my facetious examples, the European vacation actually would be for customer acquisition. There would be a meeting or two with potential customers, but they would still fly first class and stay in top hotels, plus have a few extra "fun" days.
The motorcycle really would be for testing, but they may think what's the harm in taking it home for personal use in between testing sessions?
Kim Dotcom in 2000, posing with his model girlfriend in front of a superyacht…a year later he had multimillion euro investments from TÜV and BMP.
Want the company to buy a motorbike or car for "Product testing"? Totally legit - but it belongs to the company. Use it for personal use, and in most countries you'll be hit with a tax bill.
Mixed-purpose trips such as "Customer acquisition in Europe"? There are specific rules governing whether/how it's taxed: http://www.lewis-knopf.com/newsletters/financial-rx-article/...
Pesky taxmen. They thing of everything.
But that's what parent was talking about, buying toys and parties and such and why investors don't notice. Cause they call it by a different name.
"management is abusing investments on private benefits."
"management is throwing away investors' money on hot cars, bikes, parties and travels etc (only for themselves of course)"