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I worked there (in Australia) for a few years.

Some data seems outdated. Former co-CEO Scott Farquhar left in April 2024. Not quite an amicable split even though they tried hard to paper over the cracks.

Cannon-Brookes, as the other co-CEO, was more of the face, ie. PR and public image part while Scott focused on tech and not so much in the lime light.

The working culture there pre and during covid changed a lot. Many people showed heavy woke adoption and were very pushy towards others who did not fully, unquestionably embrace it.

The company took good care of their people. It felt that many were exploiting that to a degree.

I never kept the stock I got from options. Main reason being that my income was tied to them doing well, so no point in getting more risk exposure tied to the company.

Even so, I don't think I would have wanted exposure. They were starting to feel the squeeze by several competitors. Microsoft's acquisition of Github around the time put them square across the board as direct competitor for their, at the time, most profitable product: Jira.
Notion was starting to eat their Confluence lunch. Not that it was terribly much loved before that anyway.

And a final, finer point as to why that mattered:
They used to approach marketing as bottom-up matter. They had no marketing budget (let alone department) to impress the bigwigs to buy their "suite" and tell their people to use it.
Instead they tried to build a product so good that devs would start deploying it for their own team, then letting it spread organically through other teams, and finally up the (middle) management layers.
As Microsoft with big bucks and huge established influence over corporations came in as competitor, Atlassian were starting to pivot. Not sure where that ended, as I left around that time.