- Sunk cost fallacy everywhere you look. - An engineering culture of reinventing the wheel and maze of internal tools that only a select few understand. - No grass roots innovation - all ideas come from founders of recently acquired companies. - Highly politicized culture with rampant wokeness paralyzing decisions at every level. - Refusal to acknowledge Substack exists. - Too many non-builders and non-engineers running the company. - Lots and lots of misallocated talent.