Pros
1. Learn about alt data and coding skills, then leave for a better opportunity asap.
Cons
1. Not for ambitious people. If you want to work here in the long term, you must have sharp elbows to deal with corporate politics and work the system to do as little work as possible and preserve any work life balance you can. 2. Yipit is no longer a startup and undercompensates its employees. Equity is laughable (as is salary) and there is a clear divide in cohorts in terms of equity comp. Like other reviews prefaced, people who joined before the Norwest deal are extremely happy with equity while people who joined after are not getting paid at market. 3. Culture used to be great but is also just as laughable as comp. There is minimal ownership and transparency. Attribution to success is fought over and failures are put on others naive enough to accept blame for them. 4. They are thriving off of naive undergraduates and expect loyalty but offer little in return besides some pretty words and praise emails. 5. Do not expect a large payout in exchange for staying at the firm and doing good work. The people who are rewarded are those who are vocal and have sharp elbows. If you want an accelerated career, use Yipit as a stepping stone to greater opportunities or go to an earlier stage startup with a good equity plan.
