On the Internet, you're either growing or dying.
Do we have even a single example of an Internet company that has been constant and consistently profitable over 10 years?
Tarsnap, maybe?
Do we have even a single example of an Internet company that has been constant and consistently profitable over 10 years?
Tarsnap, maybe?
That probably counts as "constant" because they saturated the market completely.
I was more interested in companies that were something like "$25 million per year for the last 10-15 years and we're doing just fine thanks."
They only quit jobs when they've got the alternative lined up. And they change jobs because the compensation doesn't outweigh the crap.
When a big chunk of your company suddenly walks, that's either high crap or low compensation. And it's been ongoing because they've had time to plan their exit as a group.
The "signaling" just gave them a nice excuse.