Not optimistic any more - Anonymous employee Planet Employee Review

1.0
Jan 11, 2020
Anonymous employee
Recommend
CEO approval
Business Outlook

Pros

We have somewhat interesting technology and an existing customer base.

Cons

1) There is no COO, CFO or CPO. Beneath these empty seats, the turnover rate for VPs has been high-ish, and none of the existing VPs on the commercial side is extraordinarily good. 2) We are struggling to find a way to grow revenue in order to be profitable eventually. For a few quarters in a row, the sales numbers seemed to be low and the company has been a bit hush-hush on the revenue number of 4th quarter 2019. 3) Product strategy is unclear and it changes often under the claim of us being "agile". 4) I have heard terrible stories about the bad culture in the San Francisco headquarter. For example, the high level leaders fight. A few people got treated unfairly. The company has been involved in lawsuits. To put it in a nice way, People's team is not the best team I have worked with in my career. I'm not sure where they add value. 5) We can probably manage cost more efficiently, especially when we keep missing revenue goals. I see my co-workers travel internationally when they don't need to. I see the San Francisco office having many empty seats, large unused areas, and lavish perks. I am not as optimistic as I was last year.

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Planet Response
6y
We are sorry to hear about your experience. Maintaining optimism with a long term vision is critical and something we all think deeply about. We are excited to share that we have filled critical executive leadership positions with some of the best in the business as we chart the next ten years of Planet's future. Already one quarter into 2020 we are seeing extremely positive impacts to investments in training, operations and leadership capabilities. When you work in uncharted territory it's often about experimentation and testing out strategy and we have never been more confident. And. We’d still love to connect with you to learn more. Please feel free to reach out to us directly if you have any ideas on how we can improve going forward!

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