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)
