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
5.0
May 3, 2016

Great Culture... Tough Times

Anonymous employee
Recommend
CEO approval
Business Outlook

Pros

Amazing people and culture. Great vision of what healthcare lending could and should be. I work with an amazing pool of talented people. I hope that wherever I go next has a culture like this one.

Cons

The business wasn't prepared to withstand the tough capital market conditions we find ourselves in. The business is dependent investors funding loans and right now, that is not reliable.

3.0
May 3, 2016

Great ideals, poor execution

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.

1.0
May 2, 2016

Engineering is a mess

Anonymous employee
Recommend
CEO approval
Business Outlook

Pros

Nothing as of now... For the past few months revenue has gone to 2014 levels, huge layoffs are expected anytime.

Cons

For the past few months company revenue is not doing great and there is lot of talk about layoffs. I'm sure management will fix the issues and can get the company on track. Engineering culture and morale has hit rock bottom. As previous reviews stated there is extreme level of double standards. Employees from LinkedIN and old timers who pledged their loyaltyto VPE are treated differently. INNers get to work on cool projects, don't have to come to work, gets double promotion. INNers team treats production as a play ground and have no clue about what it takes to run a financial website. Site outage has become very common and release quality is very bad. If anyone questions VPE, he yells with F word, threatens and bullies. He is an expert in killing engineer's morale. Read all the real reviews you will see the trend (5 star engineering reviews are written by CPO/VPE/and their buddies) .There are several formal complaints against VPE and HR doesn't care about it. Both CPO and VPE have no clue about running technology and lot of technical debt is quickly piling up due to lack of leadership and poor decisions.

Viewing 220 - 222 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.