Pros
Really can't think of any Really can't think of any Really can't think of any Really can't think of any Really can't think of any
Cons
I never knew how bad culture can ruin productivity and good people until I joined Prosper. Good luck joining Prosper. Be prepared to be treated as a disposable pawn. Prosper has an interesting combination of high-stress environment and absolutely zero career development. You end up feeling really tired everyday without any sense of achievement. Managers are either micro-managing or have no idea what's going on, but all of them are credit-hogging. They aren't bad or stupid or selfish when they join but I personally saw how quickly the toxic political environment on the top forced a good manager to turn to focus only on his personal brand management and licking up. Executives made it clear that the only thing matters here is personal connection with themselves. The company kept hiring like stupid for one year, then laid off 30% of employees. People kept leaving after the lay-off. Whoever is left have to take over all the work. Many teams disappeared entirely. To top it off, CEO basically cancelled the compensation review which used to due every 6 months. When being asked what he is gonna do with employee churn, he basically answered, "we don't want them anyways". Now I see they are hiring again, many positions were the ones they laid off not too long ago. The mass exodus of employees must have exceeded exec's expectation. If after reading all these, you still want to join Prosper, you must be really desperate. But even then, you really should not. A recently signed equity funding deal has many hidden clauses which no one knows exactly except the execs themselves. As one of the little chickens in the company, I have no idea which one of them is going to crash this ship and when. And that is scary.
