No Product - Product Block Renovation Employee Review

Block refers to itself as a tech company but its business has zero tech leverage. No form of differentiating product has been created so Block is basically no different than any other design build firm out there. With no product or tech leverage, Block spends endless man hours and manual resources on each of its projects. The entire company is grossly inefficient and bloated, ruining Block's unit economics and making any form of of a sustainable / profitable business completely unattainable. With no tech to rely on to produce a better outcome for its clients and more efficient workflows for the business, Block devotes the majority of its resources to huge marketing spend and endless human oversight in sales and operations. Block's whole business is extremely shaky and basically a house of cards. Without huge marketing and personnel spend Block will implode and with no new funding that looks to be rather imminent.