Knowing a company is going to fail doesn't automatically mean the compensation and/or culture don't work for you.

One way a company can be mismanaged is burning money it can't afford on ridiculous employee perks, like when Twitter got its own DJ.

I'm not the OP, but agree with their assessment and stayed 3.5 years despite that. For me, the reason was the vesting schedule: 4 years with a 1 year cliff.

Being an employee isn’t the same as being an investor. Some jobs are good even at bad companies.

I was in a similar situation. A year into a job with a large company, I realized the company had issues and that I didn't like most of the people I worked with.

I stayed for ~1 year after I realized I needed to get out: At the time I was getting paid very well, had very low expenses, and was saving to quit my job and start my own company.

My original plan was to stay a few months longer to build up some more savings, but "things happened" inside the company. I was re-assigned to a horrible manager; I hunted around for another assignment (on the advice of my boss's boss,) but that was going to be Flex-based. (And I bet correctly that Flex was going to fail in the marketplace.) I decided that I was better off quitting and self-teaching myself HTML + Javascript instead of getting paid to learn Flex. However, I could have stayed for a 2-3 more years, worked in Flex, made a boatload of money, and selectively applied for jobs elsewhere.

> One year into it you knew the company was going to fail yet you stayed on for 3 more years?

There's a lot of risk in changing jobs: If you "have a good thing going," it's best to bide your time until a better thing comes along. Interviewing is quite time consuming too, so don't assume that someone can just casually make a few phone calls and walk away with a "better" job. (This is especially the case if you have kids, a house, a mortgage, and a significant other who has their own career.)

Job mobility declines significantly with marriage, kids, and mortgage. I've toughed it out before, mostly to keep the good healthcare benefits. (This was prior to ACA eliminating the preexisting conditions BS. We didn't want the hassle, uncertainty of changing insurance during a pregnancy.)

Also, it's hard to job hunt when you're already over worked, both at home and the office.

Also, the devil you know. Every new job is a gamble. After a while, all the jobs kinda smell the same. So what's the point in playing frogger?

Part of the problem, perhaps?