Prosper.com reviews

2.8

41% would recommend to a friend

(64 total reviews)
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David Kimball

34% approve of CEO

32% positive business outlook

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64 reviews

Reviews about "Compensation"

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4.0
Aug 11, 2015
Recommend
CEO approval
Business Outlook

Pros

Writing code that handles a mind boggling amount of money and grows a company at record rates. Knowing that small adjustments I've made as feedback to requirements passed down to me have generated far more reoccurring revenue than my salary. Knowing that my code working well in production directly correlates to the success of the company. Having stock options!! Working for a successful company. Getting paid well and given as much responsibility as I accept. Being able to pick and choose pretty much any project in the pipe I want to work on at any layer, ultimately getting the experience I've always wanted in my career and dreamed about when studying computer science for all those years but always had trouble finding during the down turn. Getting experience building for scale and involved in the process of choosing and implementing new technologies to solve complicated problems with creative solutions. Having my talents shine based on my ability to execute and promoted and respected based on these accomplishments. Working with some really smart people I enjoy conversing with at work or over a happy hour beer. The upper management are super nice guys that want to create a super cool fin tech company. We have nice adjustable desks for standing or sitting, two kegs in the kitchen, a pool table, nap room, roof deck, artistic decor, ect...

Cons

Now the engineering team is much larger and more chill now but previously the work was overwhelmingly hard. Not necessarily super long hours but extremely hard hours, exhausting and challenging in different ways. Passionate people with high stress burning them out to a rage quit. Throughout the ups and downs of the long history of the engineering department the management has turned over and rebuilt many times and thus the legacy code is fragmented by these shifting priorities, resulting in a seemingly pre-mature global rewrite. It's can be challenging managing priorities and trying to optimize for business value when that means accruing more technical debt, often iterating new features quickly instead of fixing old process and bugs. Dealing with frustrations with environment issues, merge issues from extreme business pivots, and just general rapid growth chaos tech debt inefficiencies. Prosper is one of those experiences that I’ve frequently wished was over but after the dust settles I'm super proud of my work and glad I did it. I guess that could be said about anything worth doing in life...

1.0
Jun 1, 2015
Recommend
CEO approval
Business Outlook

Pros

Fast pace, more opportunity to get exposure to business side compared to big corporate, people can see personal impact on the business

Cons

Very bad work life balance, bad management, stressful atmosphere. Compensation is low given the work load. Surprisingly, lots of people are not so friendly. They give an impression that they only care about their own stuff and not willing to help answer questions.

2.0
Oct 12, 2014

Technology team needs better management

Anonymous employee
Recommend
CEO approval
Business Outlook

Pros

Successful development of features that predate the current management team have helped propel the company into the growth it's seeing today. The rest of the technology team below management has several very talented individuals who are otherwise a pleasure to work with. Salary and other miscellaneous perks (health benefits, etc) are competitive.

Cons

A year into new technology management and nothing has changed – except our loss of some exceptional engineers and frustration across the entire team. Our systems have not appreciably gotten better, our processes are relatively unchanged, and we still lack anything that resembles a roadmap – moving from project to the next without a game plan. In exchange we have gotten management that belittles their engineering staff, their code and skills, without actually possessing those skills themselves. Finger pointing and blaming game played daily, management never seems to take the blame for mistakes. Actual shouting matches have occurred. Sexist and racist remarks appear to be encouraged via their email chains and in meetings. HR is not competent to deal with the situation (friend of management). Their attempts to re architect into a totally different language have been a disaster, they make no effort to understand the system before proclaiming to a team of senior and seasoned engineers “this is how you’re going to do it”. Their Wikipedia like knowledge of everything is very helpful when telling engineers how to do their jobs – it’s a comfort knowing management will tell me how to do my job – a load off my mind, and thankfully, “it’s easy”. Someone read an article about all the mistakes new managers make, and they misread the title as “good practices for a new manager”. Executive management attempts to project they want to facilitate growth of the team, while at the same time technology management is actively looking externally to replace all their leaders. At least they have seemed to have exhausted their network of bros that they can slot into leadership roles. Hiring unqualified friends is really not working out for executive management. This is a hostile working environment for anyone in technology who isn’t a friend. If you do brave it, expect a chaotic environment, leaders who can’t lead, burn out and equity that amounts to a small bonus (over 4 years of course). Additionally, consider calling one of our ex-top engineers to learn about the systems, they are still more helpful than management. Good Luck Brave Soldier!

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