Prosper.com reviews

There is so much wrong with this company. They do not stand by their values. They cannot compete with their competitors because they lack customer service. They hired a large amount of under qualified employees and it showed in their dealings with customers. They are so focused on the start up culture that they have no true culture outside of that. Their employees are numbers and they do not pay attention to detail when it comes to employees. As an example, they hire people under 21 but have meetings where they supply alcohol. They were heavily funded by large institutional investors and had no plan in place for when markets would seize up. This reminds me of the pre 2008 lending practices except there is no collateral. They don't care about their employees or their customers. Things don't look good for them as placing value in your employees and your customers are the only ways to have true success when you are not the only supplier of your product.

-All mid and upper level management was at lower positions before their positions prosper. They are all doing this for a first time and doing a terrible job. -Incompetent, insecure mid-level management. Mid level managers are very moody and emotionally unstable. They have very little understanding of the business and consequently make poor prioritization decisions. They can't resist the temptation of abusing the power they have for the first time in their lives at the cost of Prosper. Their loyalty and priorities being questionable. -Upper management likes to hire middle mgmt they can control and thereby selectively rejects innovative leaders. Without innovative leaders, there is no hope for disrupting any industry. -Management is always planning and doesn't understand execution challenges or lifecycle -Sub-par engineering staff. Fresh of school Product cum Project Managers. - An ever cycling management ultimately only gets fired for getting nothing done