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
1.0
Sep 8, 2022

Horrible

Recommend
CEO approval
Business Outlook

Pros

Remote or Hybrid work (Hybrid if you want to be taxed at your home state rates, remote means you get NY income tax). Trained to use SQL, some python and spark as well

Cons

Very intense training, had travel plans the month before joining and they refused to share training materials prior to my travel (which made it harder to prepare for the intense training). They fired me while I was still in training. I had no prior pro coding experience, and I was able to do all the work that was asked of me, told I had a good conceptual understanding of what needed to be done, as well as good understanding of problems that can arise, trends in data etc. but that I needed too much feedback (I maybe got an hour of feedback a day at most, usually just 15 mins, managers were generally far too busy to talk to me) and that I wasn't as fast as my cohort, who all had more coding experience, which they already knew going in, so they chucked me. I was working 12-14 hour days, sometimes more, and it made no difference. Also, they told me it was impossible to drop from "great" to "below minimum" performance in a day during training, but it turned out this was a lie, as that's exactly what happened to me. I was never told I was dropping in performance standing until it felt like it was already too late. Maybe poor revenue performance had something to do with that?

3.0
Jan 21, 2022

Used to be great but experiencing serious growing pains

Anonymous employee
Recommend
CEO approval
Business Outlook

Pros

Great culture, flexible time off, people are all friendly and management is transparent

Cons

Would've rated 5 stars a year ago but things have changed quite a bit - Some people in leadership positions are grossly incompetent - Lots of teams are grossly understaffed (engineering, legal etc.) - More and more new hires are leaving in < 1 year - Quality of new hires are trending downwards as they're desperately trying to hit recruitment target - The amount of stock options issued is laughable and no stock-based bonus - International expansion strategy and execution is highly questionable. They decided to set up a new office in Shanghai last year in order to expand into APAC, but obviously had not done any homework on the competitive and regulatory landscape there. Feel really bad for folks in Asia because from what I heard the past few months had been very chaotic with the office almost shut down at one point and operating under tons of restrictions most of the time that made day-to-day work extremely difficult and unpleasant. The burden was then transferred to the team in the US that caused capacity issues among a lot of teams. Unclear how we can win in that market.

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YipitData Response
4y
At YipitData, it is our goal for everyone, as much as possible, to have a good experience here and, for you, we are clearly falling very short of that right now. We don’t disagree with the issues that you’re pointing out, though we would use different words to describe them. We are actively working on improving them along with other issues you didn’t point out. When a company is growing as fast as ours, there will always be issues and we need to have a process for addressing them. During our company-wide meeting (the week we received this review), we addressed each of the points made and the work we’re doing to tackle them. However, we need to continue to do more to address them and learn to proactively prevent similar problems in the future. We need reviews like this and candid feedback from our employees to know what we need to improve and how to do it, so we appreciate you raising these issues. Our biggest concern is that you may have already expressed these frustrations internally and felt they weren’t being heard. Our leadership team and People Ops team will work closely together to make sure that people both feel comfortable sharing this type of feedback internally and that it's being quickly addressed. We rely on this feedback to really understand the root cause of challenges so that our solutions will work. We will work very hard to make sure that we get you back to the 5-star experience you felt you had a year ago. Thank you for your feedback and your patience. Vin Co/Founder and CEO of YipitData
2.0
Jun 12, 2023

Not a startup - just a stepping stone.

Anonymous employee
Recommend
CEO approval
Business Outlook

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.

Viewing 10 - 12 of 232 Reviews

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.