Pros
Despite skepticism about unicorns and startups and an uncertain economic picture, Marketplace Lending is here to stay. When the dust clears from this down cycle, only a few players are going to remain, and Prosper is one of them. They have the size and execution that very few others do, and you'd be hard pressed to find another Valley startup that has as successful a product and as much room to scale in their market. It's not a question of growth. It's a question of meeting the challenge of continuing to grow so fast. Having been an engineer at Prosper multiple years, I have seen it go through management changes and ups and downs. It hasn't always been easy. More than a few of the reviews on here reflect that struggle to find the right team to build a great engineering culture for long-term sustainable success. Through it all, the core executive team has demonstrated that they are thoughtful and patient and they value people, sometimes to a fault. And contrary to what some reviewers have said, they have the humility to admit that they are growing as leaders and sometimes make mistakes. Now more than ever, that core team has the Product and Engineering leadership to really get it right. To address tech debt while delivering scale and doing what the business needs to weather a down market and emerge stronger. There is no shortage of interesting problems to solve, and if you are a hungry talented person, you will get every chance to solve them.
Cons
- There is tech debt - The product release process is cumbersome (but improving). - State-of-the-industry best practices among developers are improving but unevenly distributed
