Is this a Gen-Z phenomenon?

The below comments about zepto leadership reminds me of another Gen-Z founders company - they had the exact same behavior:

1. Founders can’t wake up early so they won’t be in office till 12-1 pm
2. Out of the 2 founders, only 1 worked at any point of time. The second would either be on chilling or mentally/physically unwell.
3. No meetings on time. Townhalls that are supposed to start at 6 pm won’t start before 9-10 pm. One hour meeting will stretch for 1.5-2 hour because focusing was so difficult for them.
4. They did hire a bunch of senior people but couldn’t manage so most of them left and now the company runs with just freshers and interns.
5. No scope of raising anymore funding now - so burn reduced a lot but at the expense of any growth. No new product and nothing exciting going on except for 1 product in 5 years