Figma

• Great team - everybody was working hard but not excessively so. Work-life balance was very valued.
• Short shipping cycle - new features were shipped every week and had direct impact on the product.

• Feedback was seriously lacking. Since there was no "direct" hierarchy in place, it was often tough to get good feedback on your work.

• Office politics. Since there is no transparent feedback process, it was unclear how promotions were taking place, and those seemed random.

• Intransparent hiring policies. It seemed to gear mostly towards ensuring some kind of diversity (whatever definition that entails) and not actual technical skill.

• Leadership. The CEO doesn't have good skills to actually manage and provide a direction for the company. There doesn't seem to be a common goal.

Be more transparent about decisions you take for the company.