First of all it should be stated that the review from August 17th must have been written by the CTO himself, which of course is his right although calling himself visionary is stretching things.
Bluebeam has totally lost all sense of direction. Leadership is desperately clinging to a product roadmap based solely on buzzwords and with no concern for customer value. The CTO makes impossible promises to the CEO about deliverables, and the CEO doesn't have the technical expertise to see that he is being hoodwinked. Employees are regarded as completely expendable, large rounds of layoffs were followed by most of the truly capable employees leaving for positions where they are more appreciated.
Meanwhile, the CEO spends a fortune on various consultants and "inspirational" gurus, hoping for some silver bullet to get out of the rut. Endless preaching about how "buy-in is not optional" and the new company values (essentially identical to the old ones), but never an honest discussion about what customers actually want or how to help solve their problems.