Great people and concept hindered by poor leadership and culture
Pros
Some great people, product concept strong and stablecoin market set to be huge.
Cons
Things are going badly at Cryptio. They're going badly because leadership are afraid of actually doing anything beyond letting the organisation run itself and hoping AI or a greater headcount will magically make things better. The product is part SOA and the rest a monolithic spaghettified mess that uses a myriad of feature flags to manage per-customer features, in-flight migrations and never fully deprecated parts of the original system. This is because sales say "yes" to everything every customer wants - and at no point has anyone in the company attempted to articulate an architectural vision or strategy to fix the underlying problems and build a platform capable of handling these levels of customisation. Teams operate in silos, keeping their heads down knowing that wider organisational and technical issues will never be solved. Because it's so hard to wrap your head around the codebases - founding engineers have overwhelming political leverage and resist change and outsider influence, yet continually fail to organise themselves to work together. It seems like they're using the complexity of the product as leverage for their own positions, rather than making themselves redundant as any true founding engineer would aspire to do. Expect to crunch tickets at cryptio while everything else burns around you. Attempt to disrupt or challenge the status quo with your experience and you'll be considered a dangerous threat. Only once in my career have I encountered anything like cryptio - and I'll use it as a story to describe how not to run an engineering function or indeed a startup.