throwaway9010

Relevant context - it's not a random houseboat, it's Whole Earth Catalog Stewart Brand's historic houseboat:

https://www.dwell.com/article/mirene-tugboat-stewart-brand-r...

Yeah exactly - it was essentially at the revenue of series B or C at that point. This is in 2021 during the height of ZIRP, so I assume part of it was frothiness but the aftermath was terrible.

I've seen firsthand how PE ruins startups. I joined a seed co and our founder went with a PE firm rather than a VC for our next round. The VCs were upfront about job cuts but the PE investors did not say anything until they took over.

Needless to say, the founder got a good paycheck but we were left holding the bag.

It was a bloodbath and they completely ruined the culture, product, morale, and any semblance of growth. It was personally the most stressful period of my working life...

From then on, the moment that I see private equity mentioned anywhere, I know its time to run.

Aside from remote images, they store all of your emails on their servers. Not sure why they don't receive the same scrutiny that other email apps like Edison have [1].

I've heard enough fishy stories from former engineers there — people should think twice before logging in and letting them ingest your full account history (as with any third party email app, which Gmail is already cracking down on [2]).

[1] https://www.macrumors.com/2018/07/02/third-party-email-apps-...

[2] https://www.androidpolice.com/2018/10/08/google-updates-gmai...