"Qstream grew quickly as a Series A company, but once Series B funding arrived, the company tried to expand too quickly, lost focus on existing customers and driving low churn to complement its growth initiatives. As a VP of Sales, I quickly ramped a team in the Bay Area, but unfortunately, the challenges of high churn led the company to make wholesale changes in its management team and a refocus on its core markets/customer instead of growth and new markets. The sales organization and the company as a whole shed about 40% of its employees over the past 12-15 months. The market for its products is very competitive and fractured with many small players that will require major consolidation over the next 24 months IMO."
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