Company Culture · Startups

Is the culture that unicorn startups live and breathe toxic?

Manoj Sahoo Lean Six Sigma Black Belt Project Manager at Freelancing (Self Employed)

November 27th, 2016

When thinking about my small company where everyone knows each other, where we all work together for a long time (we are almost family) I can’t imagine myself working at some of the unicorn startups and let alone run them. Seems that they are setting trends in company culture these days, hiring successful experts in the field of human relations, always being on top of things and yet the atmosphere over there seems sterile, like something is missing. What is your opinion about this?

Christoph Ranaweera validate early, pivot and kill fast

November 27th, 2016

The bigger the company gets the more structure and processes it needs to not end up in chaos and it's not possible at some point to know all the people.

It's not related to unicorn or non unicorn startup but to the number of people in the company.

Some companies are more successful than others in keeping a good working culture despite increasing size.

Lauren Philosopher Business Development Director

November 28th, 2016

The bigger and more complex a company gets process and productivity over rule the life force or soul of a company that builds unity in its working parts, a robot maybe more efficient and more productive however the essence of its nature is just that; you may have something capable of expanding, increasing revenue streams, but you lose the one thing creating long term value.

Tom DiClemente Management Consulting | Interim CEO/COO | Coach

December 1st, 2016

A unicorn company is defined by its level of valuation. This in turn means that it must have attracted very large tranches of capital. How this capital is spent will in part define the internal environment. It is not necessary to hire high-powered HR people or to over build infrastructure. Some, like a number of biotech unicorns, still focus only on their core mission - development and regulatory - and farm out much of the rest.  Thanks, Tom