Founding members of the team lack the institutional knowledge of the asset management business. The CIO has literally never managed an active (or passive!) portfolio.
Inexperienced leadership, so an opportunity to educate inexperienced group.
Cons
The most toxic culture in the industry.
Inexperienced and ineffective leadership.
Ego had led to some of the worst decisions possible.
Over hired due and let go of over 30 personnel.
Constant whipsawing due to a lack of vision within the firm.
- very smart people that know what they're doing and care about the future of the company and the success of their employees
- managers are very organized and care a lot about a successful onboarding process (unlike some other start-up experiences I've had)
- many company processes and values modeled after Amazon practices, but culture only borrows from the good parts of Amazon culture--work-life balance is not only possible but encouraged
- as a startup, Build employees have lots of opportunity to grow and impact the company; challenging the status-quo is encouraged, and there are no archaic practices you have to accept/follow
- fantastic base pay and totally reasonable benefits, including flexible time off and decent health insurance (recently added dental and vision options)
Cons
Build may not be for you if you prefer:
- large, highly structured companies
- tightly defined roles that never require you to work on or pay attention to something outside the scope of your original job description
- traditional companies/industries that aren't dynamic
- companies with huge benefits packages or stock options
(these are all pros rather than cons for me)