news.ycombinator.com• Aug 8, 2022• 1 min read
Is-it-even-legal startup culture by LATOKEN CEOThis story is widely discussed in the Russian-speaking tech community over the past few days.It started with a video of LATOKEN zoom meetings where the CEO is shouting, cursing at and publicly humiliating company employees [1]. The video is mostly in Russian but auto-subtitles in English provide a good representation with all expletives replaced with "[__]".The video also alleges that the CEO takes away employee stock options for things like missing meetings or deadlines and provides a screenshot from company Slack for proof, because allegedly all of this is done in public.In the last day or two CEO wrote public posts to defend his approach. Here is a translation of the beginning of one of the posts [2]:BE PARANOIC - YOUR BUSINESS IS STEALING RIGHT NOW ON ZOOM Or how to survive in crypto and create a scalable product with an effective team of 100-300 people remotely?Upd. The video can be compared to a torture tape from someone's bedroom. Well, ok, this is "bdsm" with the rules that eve