Is the company "brilliantly managed" because they still exist? What is an example of this management brilliance? At this point, all the company has proven is that it is able to convince investors to give it money. I see a bloated company with over 100 underpaid junior-level engineers putting out subpar software.
The radical transparency may be a fun experiment and it may provide a lot of interesting data to parse, but it's not a good way to run a real company. It screams of impractical idealism. A lot of companies are bad, but GitLab wants to make sure that you know they're bad from a distance. In theory this is all great and nice. In practice, it hurts the company in both commerce and recruiting.
The radical transparency may be a fun experiment and it may provide a lot of interesting data to parse, but it's not a good way to run a real company. It screams of impractical idealism. A lot of companies are bad, but GitLab wants to make sure that you know they're bad from a distance. In theory this is all great and nice. In practice, it hurts the company in both commerce and recruiting.