Run Away - Incompetent C-level executives - Anonymous employee VeChain Employee Review

Freedom to innovate. No micro management.

Simple tech stack Products have no users, and the reason why they weee on the roadmap was never questioned. Vechain always behind other chains in what it’s developing. No real experts at manager level. Product owners lack imagination or drive to do anything cutting edge. CEO uses ChatGPT to make up roadmaps. Token lost 90% of value and 80% layoffs happened. Chain lacks basic stuff like a stable coin, a decent block explorer, compatibility to ethereum. Developers community is tiny and there very few apps on chain, many of which were scams and closed down.

A talented, dedicated team and a strong opportunity to work on sustainability-driven Web3 products with real-world application.

Despite being described as a “flat” organisational structure, decision-making is highly centralised, with most authority resting with the CEO and limited challenge or counterbalance from the C-suite, particularly the CFO and CMO. The company ultimately released the majority of its workforce without meaningful acknowledgment of individual or collective contributions. Responsibility for the mismanagement of funds that led to this outcome was not visibly owned at leadership level, with the existing C-suite remaining in place despite their role in decision-making.