Great ideals, poor execution - Anonymous employee Prosper.com Employee Review

3.0
May 3, 2016
Anonymous employee
Recommend
CEO approval
Business Outlook

Pros

Phenomenal vision and desire to revolutionize the finance industry. On the healthcare lending side of the business, there is genuine care and energy behind the business itself and its desire to improve the lives of those patients which it finances.

Cons

The management works in shadows and is slow to make necessary changes. Today we faced a massive lay-off, and we didn't even hear it from the company officials first. It was via a leaked blog article. Management focuses too intensely on quick growth and big changes, and took too big of a risk this time, resulting in the termination of nearly 200 unseuspecting employees.

Explore other reviews about Prosper.com

5.0
Apr 27, 2026
Anonymous employee
Recommend
CEO approval
Business Outlook

Pros

I have truly enjoyed my time at Prosper. It is a company that offers genuine opportunities to learn, grow, and take on new challenges within your role. I absolutely love my team, my manager, and find the work itself deeply fulfilling. One of the standouts for me is the leadership. Having come from a previous company where leadership was hesitant to make difficult choices, which led to multiple rounds of layoffs, I have a massive appreciation for how Prosper’s leadership operates. They are willing to make short-term, sometimes unpopular decisions because they prioritize the long-term safety and stability of all employees. It is a huge relief to work for a financially stable organization where I can see myself building a long-term career. Prosper is also one of the most diverse companies I have been a part of. From my perspective, the compensation is very competitive compared to other industry ranges I have seen, and the benefits offerings meet my needs.

Cons

While the leadership makes the right calls for long-term stability, the resulting tough decisions can sometimes be difficult to navigate in the moment, the transparency behind the decisions is super helpful.

4.0
Jul 1, 2026
Anonymous employee
Recommend
CEO approval
Business Outlook

Pros

Fast-paced environment, able to directly contribute to company goals Good people who genuinely believe in the mission We regularly hear customer testimonials detailing how we've had a positive impact on their lives Leadership is transparent about company performance Only 2 days a week in the office

Cons

The company performed well in 2025, but we didn't see some benefits return until this year which has caused residual frustration Smaller teams offer less growth opportunity Some mid-level leaders manage up very well Pay is okay, but not competitive with larger tech companies

See reviews by: Helpful|Rating|Date|All