Incompetent Management - Anonymous employee THE/STUDIO Employee Review

Thank you for your honest feedback on my performance as the CEO. I apologize that you did not have a great experience at The/Studio. You're absolutely right that we have a long way to go before we before we're Alibaba. But I'm firm in my belief that The/Studio can solve the manufacturing problem better than they are. I’m proud of what I’ve accomplished and what the team have accomplished at The/Studio. With no funding and through sheer effort the company reached 8 digits in revenue, setting up offices in China, Philippines, Romania and the United States. We employ almost 200 people globally, and indirectly employ at least another 200 people. There have been hundreds of millions of dollars raised by companies trying to create a better Alibaba and solve the first mile manufacturing problem, and literally everyone has failed. I believe this is in the top 1% of difficult problems trying to be solved in Silicon Valley today and there are no easy answers. People like to talk about businesses that can change the world — The/Studio’s business can, and that is always challenging. The result is that a great deal of experimentation is involved in trying to find product market fit, and that's a narrative you'll find at the beginning of every company we now recognize as leaders in their space. The/Studio has never strayed far from profitability and we bootstrapped ourselves most of the way, which means we have been measurably more successful than almost all companies in the space, even the ones who've raised more money than ours. And I believe our team is the one that can finally crack this problem. As the CEO, I always welcome feedback from employees. While I'm saddened to read it here, criticism is something I always try to find value in and I would welcome more insight from the writer if they'd care to email me. Whether they do or not, I wish them the best of luck. - Joseph Heller