YipitData reviews

4.0

76% would recommend to a friend

(232 total reviews)
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Vinicius Vacanti

88% approve of CEO

74% positive business outlook

YipitData has an employee rating of 4.0 out of 5 stars, based on 232 company reviews on Glassdoor which indicates that most employees have a good working experience there. The YipitData employee rating is in line with the average (within 1 standard deviation) for employers within the Information Technology industry (3.9 stars).

Reviews by job title

232 reviews
3.0
May 11, 2023
Recommend
CEO approval
Business Outlook

Pros

Good wfh policy, some nice co workers

Cons

My views below only pertain to my experience and might not be representative of how others feel. 1. I think your experience heavily depends on what team you are on because some managers are good and some bad. My manager had very narrow minded definition for what being “good” means so if you can’t meet that standard then tough luck. Even if you are really good at say 4 out of the 5 things, you won’t be recognized unless you check all the boxes. I think this is why I’ve seen a lot of people moving around internally or asking to move into different roles. 2. I also feel like some people are being promoted because they have a good relationship with their manager even though that person might not have met all the requirements. 3. The company is hiring a lot more junior people because the salary is not very competitive and the stock option is laughable. As the company grows it will just be a bunch of senior people, who got a lot of equity because they joined early, at the top and junior/less experienced people at the bottom, who are not as competent or financially motivated. UPDATE —————————————— The company leadership loves to make small changes that are immaterial and practically useless (ex: trying to make people feel more “connected”) and not addressing the No.1 concern raised by employees which is low compensation. The CEO also talks about how promotional timelines won’t be impacted but in reality people are getting promoted slower vs. before across the board.

4.0
Apr 24, 2023
Recommend
CEO approval
Business Outlook

Pros

Yipit is a great place to work. The team is full of brilliant, positive, go getters which makes work fly by. Additionally, assuming you are on research or revenue, you’ll interact and form bonds with analysts and above from top tier investment funds which keeps you sharp and has potential to open a rewarding career path should you opt in for it. Additional highlights -This is highly rewarding for top performers. If you bring it, you will get promotions fast. (Like, 5-6 months in for me and people I respect have similar velocities) -Generally work/life is flexible (earnings season, and report cycles may have you on late or early, but you can make up for it) and unlimited time-off is great for calm parts of year -you’re working for the coca-cola of the alt data industry. Great to be the best -MOMUS: we have a Venmo where every time you make a mistake you pay a $ and describe it. Honestly a fun game, and takes a lot of pressure off -Very experimental, you have license to do what you want if you think it will drive impact

Cons

Up until January 23, I would have had none. But then we underwent layoffs (~13% of company). While painful at the time, it was likely the right call and if I am frank, there were no teams and only a few individuals (3 out of ~75 or so) where I am shocked / disagree. My issue is two parted (1) Management preaches about transparency, and only months before had said this was not on the table only to blindside us. Literally was on a client call when I saw an email from Vin titled company layoffs. Not cool Vin (outside of that great guy don’t get me wrong). (2) This has had a lasting impact on our culture in my view. Since then people are guarded and politicking has risen. Before this, I felt almost everyone went above and beyond to assist you / row in the same direction. Now, people are watching their backs, and trying to demonstrate value as opposed to simply doing things which create value. It is still leaps and bounds better than other workplace I’ve been apart of and relative to friends, but hate to see it. Comp is okay but scale has been static for a few years now which wouldn't be an issue if helicopter cash didn't send inflation through the roof. Mitigant: quick promotions make up for it, and expectations are that when market improves so will comp which is fair. (think stat is over past year, avg salaries are up 15% despite almost no salary increase by level. Demonstrates level of promotions)

3.0
Apr 21, 2023

Great product, growing pains

Anonymous employee
Recommend
CEO approval
Business Outlook

Pros

YipitData alt data investor product is the gold standard in the financial community. Good opportunity to become the gold standard in enterprise as well. Really smart product team members who are a pleasure to work with. Flexible vacation and remote work are a big plus.

Cons

Growing pains. Culture has deteriorated with the company growing though the company makes an honest effort to fix it. Still has not found the solution as can be seen in the glassdoor ratings continuing to dip over time. The layoffs were poorly handled. CEO overoptimistic about company prospects which made the layoffs a surprise. Exacerbated by questionable hiring decisions made this year. Likely to rub people, who lost their colleagues in the layoffs, the wrong way. Organization becoming more complex with more time being spent on administrative stuff / meetings, and less on execution such as product dev, sales etc. Quality of the talent has dipped as the company made a large number of hires the last two years in a tight labor market when the business was growing rapidly. Place becoming more political. Most exec hires from GLG. Feels like CEO wants Yipit to be more like GLG.

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Glassdoor has 242 YipitData reviews submitted anonymously by YipitData employees. Read employee reviews and ratings on Glassdoor to decide if YipitData is right for you.