4y
Hi,
I understand that you're upset and disappointed by our need to end your employment after a few months. I get it. If I were in your position, I would be feeling the same emotions. I have to own that you, and a few other employees, were cut to lower our expenses. That's on me. And me alone.
We made these cuts so that we no longer require VC funding. With the reductions to Op Ex, we will now operate at a profit. That decision was made to remove the dependency on funding from our business, and in part, ensure that we never have to make a staff reduction to lower expenses ever again. And you're right - we did do this one time previously - in 2020, in the midst of the pandemic.
The only elements of your thoughts that I disagree with are specific to intent and build of our sales comp plans: "Massive Lie", "you will never hit quota", top rep can't even come close", etc. Our sales comp plans are fair, and attainable. This past year, we struggled to attain our corporate plan: We projected 60% YOY growth, and achieved 45% growth. Not what we wanted, but a level of performance that validates our direction, and positioned us to make the move to profitability that we are now making.
You were valued at MarketMuse, and I believe you would have been successful here. I also thank you for the contributions that you made to the team in your short time here. I wish you all good things, and have great confidence that you will be highly successful moving forward.
As we discussed, I would be happy to do whatever I can to assist you in your job search. Letter of reference, phone call to potential employers, you let me know. It's a lousy situation, most intensely for you, and I apologize to you for how our business needs have impacted your life.
Best Wishes,
Chuck