Prosper.com reviews

2.7

37% would recommend to a friend

(299 total reviews)
avatar

David Kimball

29% approve of CEO

28% positive business outlook

Prosper.com has an employee rating of 2.7 out of 5 stars, based on 299 company reviews on Glassdoor which indicates that most employees have an average working experience there. The Prosper.com employee rating is 27% below average for employers within the Financial Services industry (3.7 stars).

Reviews by job title

299 reviews
1.0
May 3, 2016

Blow It Up

Anonymous employee
Recommend
CEO approval
Business Outlook

Pros

Benefits are great. So are perks with commuter and wellness reimbursement. Stocked snacks are cool. Innovative ideas within the business model. Too bad they couldn't execute

Cons

The train ran out of track and just fell off the cliff. They just laid off 200 of us to try and improve income performance..... Or decrease loss and cash burn. Or maybe they are trying to create value to sell the business just to deepen execs coffers at the expense of real people with real passion. They let go of their CBO and COO today. Along with 200 other layoffs. Yet they leave two of the main problems on. How on earth can you let that pompous CPO stay when he hasn't done anything to improve the business. You can't improve sales when you have a crap product. And even if you have a great product, it doesn't matter when you bank on three major investors to buy all our loans. Your senior exec in charge of the investment side did nothing to diversify, yet he is still employed. How can you not forecast for what will happen to the business in a down economy when he did not diversify with a larger investor pool. And because of your poor planning and careless behavior, you just significantly affected several people's lives...... In a bad way.

1.0
Mar 8, 2016

Double Standards

Recommend
CEO approval
Business Outlook

Pros

C-Level are very good at making root level employees fool. Their skills should be recognized and appriciated

Cons

* Double Standards * Different promotion rules for each individuals based on which GANG you belong to * No appreciation at all * Engineering is in a mess. All the recent 5 star reviews are written by VP/Directors to make CPO happy * New engineers thrown under the bus without any on-boarding process * Mobile engineers working on Web Technologies. Their skills and strengths are been killed. * Release process is so confusing that there is a hotfix pushed twice a day * Yearly increment is in $, not in %.

1.0
Nov 14, 2015

Don't Believe the Hype

Anonymous employee
Recommend
CEO approval
Business Outlook

Pros

Nice new office in SF, you will find some great people scattered throughout. I had to meet the 20 word minimum that's what these words are for. Not a lot more for the "pros" section.

Cons

Everyone is overworked and there is NO culture. If things aren't happening management blames everyone else instead of presenting a clear vision to lead. Poor leadership all around. If there is any leadership. Who is the CFO of Prosper? No one. People are here one day and then they are gone. I've seen people come in so excited and motivated then just a couple months later look deflated and defeated. I want to get into more detail but am concerned with getting too specific. The last time there was a few bad reviews, they went into damage control mode and the CEO told the whole company to stop writing bad Glassdoor reviews. Then all of a sudden there were a bunch of generic 5 star reviews. Sort these reviews by date and you'll see it. Bottom line - there is so much going on in SF right now. There are opportunities everywhere. Don't commit yourself to a company that is so poorly managed and is all about flash and looking good while competitors are closing in very quickly. You will loose (lots of) sleep, feel under appreciated, be under compensated and not be thanked for all the tireless work you put in. Not worth it. Go find somewhere else while the opportunity is there.

Viewing 7 - 9 of 299 Reviews

Glassdoor has 314 Prosper.com reviews submitted anonymously by Prosper.com employees. Read employee reviews and ratings on Glassdoor to decide if Prosper.com is right for you.