The leadership team thinks they know it all, and tech is just for execution.
Decisions are top-down, rather made by a bunch of sr. executives who feel that they know it all, and they are right ALL the time as they managed to attract investors.
Culture boasts about "battling over ideas with no hierarchy", but trust me, it is like "battle over ideas, but shut your brains and do what I say, as I am always right"
CTO doesn't trust the tech teams, doesn't fight for the team, and shames the teams Almost ALL the time when things go wrong.