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Dumpster Fire - werkgeversreview Regional Sales Manager bij Lacework

1,0
3 jun 2022
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Pluspunten

- focus on enablement (but most of your week is taken up with internal calls)

Minpunten

- draconian surveillance tactics to ensure employees are spending 8 hours plus at their computers - extreme focus on daily metrics leads to gaming by employees and punitive measures by management - reps told during interview process that they'll be focused on large enterprise/major accounts, but actually assigned commercial/mid-market accounts upon starting job, as Lacework product is not ready for the large enterprise yet - 20% of company laid off because Lacework consistently missing it's quarterly number; bottom line: very few reps are closing deals and most deals rely on tremendous discounting due to lack of differentiation and demonstrated value - product is absolutely NOT differentiated in a crowded market: messaging and functionality identical to numerous competitors - primary investor (Sutter Hill Ventures) had one flash-in-the-pan major success (Snowflake) and is trying to replicate that here. One needs only look at the massive layoff that was just conducted to see how that's going for them - culture of fear fostered by executive "leadership;" discrimination (and racist epithets) common and ignored - NOBODY IS SELLING ANYTHING!!! Do not give up your earning potential at your current job, or other promising companies, as the likelihood of you making commission dollars here are MINISCULE - losing deals to better-adjusted competitors across the board - losing existing customers like crazy; customer churn is worse than I've seen anywhere, as is employee churn This place is a dumpster fire. I'm out as soon as I find a place

Ontdek andere reviews over Lacework

5,0
2 jul 2024
Aanbevelen
Goedkeuring directeur
Zakelijk vooruitzicht

Pluspunten

it has good engineering culture

Minpunten

However, the product is not growing

1,0
18 jul 2024
Aanbevelen
Goedkeuring directeur
Zakelijk vooruitzicht

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.

5
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