> Smaller companies looking to grow/formalize should exercise caution when looking at the rating/performance/promo process @ FAANGs / MS as a model for their own.

Robert Townsend had a comment that stuck with me, you don't get to be GM by behaving like GM. Which is beware of cargo culting successful organizations as they exist now. I'll also suggest don't cargo cult hyper funded startups if you aren't one either.