Chargebee
RepVue Score
0
Chargebee
Back to ReviewsFormer Employee Although G2 valuations are "best in class" across a myriad of categories, the product fit for the market exhausts itself at $350M with VERY limited exceptions - period.
Both for technical ramifications, functional parameter capacity, and client complexity.
The CRO, CMO, CPO, and entire sales leadership team have left, been released, or quit in the past 24 months.
Nepotism had been a major undercurrent until the recent release of some sales leadership. There was a point where 30 new hires were made and curiously ALL of them were White, Male, (specific religion) additionally; the entire lot lacked anything resembling industry experience.
But now a rudderless ship has already fully jettisoned the foundational core that grew them to the $3.5B pre-IPO valuation. Current sales numbers should probably adjust this valuation quite aggressively, plus they are heavily attached to Tiger Capital who are infamous for making hilariously poor investments.
Moreover, 75% of the aforementioned new hires have also been shown the door in the last 12 months.
Just look at the LinkedIn "former employee" tenure, executive turn over, and current sales roster -- it should be evidently clear for what you are marching into. Eyes WIDE open.
2.4
Aug 30, 2023
3 Useful
