4y
Hello fellow teammate,
Thanks for taking the time to write this review. We have to own the fact that our salaries here at Velocity Global are average, and we do this intentionally. 90% of startups fail because they overspend. In trying to keep up with the Joneses, they fail to exercise fiscal discipline. As "owner-employees", it is all of our responsibility to make sure we are being frugal and not overspending. When Google, Facebook, LinkedIn, Uber and Tesla were startups, they were very frugal as well, often times asking employees to take a pay cut to join. It is only after they got bigger and went public that they adjusted their pay northwards. This is because they were extremely fiscally responsible in their early startup days, which ensured they had enough money to go the distance. As a startup we are trying to follow the blueprint they left behind for the world to see.
And please know that we are actively consolidating processes and systems. We can only move so fast though because change management is real. But we hear you.
Unlimited PTO is, well, what it is. In order for it to work effectively we need to hire faster and spread out the work. We are firing on all cylinders -- for sure we will get there, just give us a little more time.
We are new at acquisitions stage right now. Shield GEO was just the second acquisition. The road has been bumpy. We have room to grow here. And, we will. This year we plan to acquire more companies. As you know, when we acquire new companies, we get the opportunity to evaluate our processes, systems integration and all the good work that comes with streamlining business. Just give us a bit of time.
Thanks again for all you do to make us better every day. Keep giving us your feedback and we will continue to perfect our game until we eventually win.