Pluspunten
Very intelligent people and an awesome rise at one point
Minpunten
What a disgraceful ending to what could have been a career changing opportunity for many. You can point fingers in every direction but the product was garbage and the 2021 executive changes were ultimately what sank the company.
Following the acquisition Lacework decided to return $0 to former employees who exercised their ISOs.. i.e. the team who built and scaled the company from $1m-$90m in revenue. All while paying the investors, c-suite, and current employees who helped tank the company a nice premium.
The C-Suite as it stands today is the worst I've seen in my 25+ year career. Soulless, directionless, tone deaf leaders steering a zombie business in whatever direction the wind blows.
SHV brand has been ruined in the process. Lead investor saying "I'd die before this company fails!" on an all hands call, then taking Lacework off of his LinkedIn profile, is all you need to know about the company/culture/product that is Lacework. Good luck trying to replicate the Snowflake growth model across your portfolio.