this post was submitted on 10 Nov 2023
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CEOs of crashed tech upstart Bitwise accused of swindling $100M from investors - Duo paid themselves $600K salaries as the cupboard was emptying (www.theregister.com)
submitted 2 years ago by L4s@lemmy.world to c/technology@lemmy.world
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CEOs of crashed tech upstart Bitwise accused of swindling $100M from investors - Duo paid themselves $600K salaries as the cupboard was emptying::Duo paid themselves $600K salaries as the cupboard was emptying

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[–] HerbalGamer@sh.itjust.works 6 points 2 years ago (1 children)

..what do people actually do in places like this?

Having never worked in an office at all, I wonder what happens in those that have no obvious way of doing anything really

[–] mesamunefire@lemmy.world 14 points 2 years ago (1 children)

We would get a large amount of client projects, create an app that solves their problem, deploy it on their infrastructure. Rinse and repeat. I was specifically on the software development and later devops side. My job was a huge amount more profitable than the rest of the org.

[–] Crashumbc@lemmy.world 2 points 2 years ago (1 children)

Basically subcontracting