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The HR chief at $1.4 billion Away told us the company wants employees to 'bring their full, authentic selves to work.' But a new bombshell investigation describes a cutthroat culture of bullying and burnout

11 monthes ago   |   By Business Insider

The culture at unicorn startup Away was problematic, according to a new investigation by The Verge .
In an earlier interview with Business Insider, Away's head of HR, Erin Grau, said the company cares about its employees' well being and career development.
The Verge's portrayal of Away's culture suggests that working at a fast-growing startup may not always be as glamorous as it appears from the outside.
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This decade saw more than 200 startups hit $1 billion valuations. But the 2020s could be much less friendly for tech 'unicorns.'

This decade saw more than 200 startups hit $1 billion valuations. But the 2020s could be much less friendly for tech 'unicorns.'

11 monthes ago   |   By Business Insider

According to PitchBook data reviewed by Business Insider, 200 startups achieved valuations at or above $1 billion between 2010 and 2019.
These billion-dollar businesses have achieved the "unicorn" milestone in fewer funding rounds in 2019 than in 2010, according to PitchBook data.
But the unicorn heydays may be coming to an end. Several venture capital investors in Silicon Valley told Business Insider that 2020 may not be as big of a boom time for privately funded startups.
Investors pointed to a potential economic downturn and industry uncertainty following disappointing exits like Uber...
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