Exodus Reviews

4.1

79% would recommend to a friend

(33 total reviews)

81% positive business outlook

Exodus has an employee rating of 4.1 out of 5 stars, based on 33 company reviews on Glassdoor which indicates that most employees have an excellent working experience there. The Exodus 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

33 reviews
1.0
27 May 2020
Recommend
CEO approval
Business outlook

Pros

100% remote company with ok salary.

Cons

Upper management (founders and C level) is absolutely ego driven, clueless and despotic. Fake 'radical transparency' which means employees get patronized and bullied on daily basis. Weird obsession with punctuality which means people have been fired for being a minute late to a meeting. Absolute lack of structure. Avoid this company like the plague.

avatar
Exodus Response
5y
Hi there — I am so sorry this is the experience you’ve had with us at Exodus. I will try my best to address some of what you have mentioned above and I am happy to address this in a personal conversation as well. Exodus still has a lot of room to grow. As a young company, it is expected that we experience some growing pains. Although we don’t have as much structure and procedure as a more corporate setting, we are working hard to implement better systems that support clear communication, throughout our organization. Transparency, which you also mentioned, has been at the core of our business since the very beginning, starting with transparent salaries. Our intent with this has always been to avoid confusion and unnecessary layers of management. Our goal is to empower our employees to do their best work without wasting their time. For this reason, our staff will always be direct and honest in their communication. Regarding punctuality, yes, this is incredibly important for us. It is communicated to everyone early on and nobody has ever been terminated for being a minute late. We understand life and long meetings happen but we do have a strict policy around respecting people’s time. We make a big effort so you can work on what you want, in the schedule you want — and in order to do so, we need to be laser focused when it comes to meetings with others. We are always working to make Exodus a better company. Overall, we value your feedback and are making actionable changes to improve the employee experience so that in the near future it is second to none. If there are any recommendations you can make that you feel would help us reach our goal, please let us know.
1.0
2 Mar 2023

Toxic top-down culture full of hypocricy

Anonymous employee
Recommend
CEO approval
Business outlook

Pros

Open salaries paid in Bitcoin. Equitable benefits for US and non-US employees. Fully remote. A lot of intelligent people (at least, used to be).

Cons

Exodus started off with good intentions and good values, but over the years, the management became more and more disconnected from the rest of the company. No diversity in managerial positions: despite having a majority-international team, most the new managers and directors that were hired following the growth phase were from the US. Furthermore, most of those key new managers and directors were hired without being culture fits at the time. I can attest to that because I've been involved in hiring of new directors and I've been ordered to disregard my concerns about the matter at the time. Poor culture: the management and executives became increasingly immune to feedback, turning a blind eye even on serious reports of a toxic work environment developing in departments headed by some of those new directors. It took them about a year in some cases to get rid of those directors after multiple top performers quit the company and subsequent failures by those directors to deliver. This culminated in a total disconnect between the people at the top and the rest. The corporate culture became whatever people at the top decided it to be. Some of the core values, like transparency, became nothing more than words on virtual paper, and the company has been run almost to the ground. JP (CEO) was alerted about these things on multiple occasions by multiple people. The layoffs and the overall current state of the company were perfectly preventable and avoidable if he truly listened to feedback and walked the walk when it comes to Exodus' values. Instead, a lot of people who believed in the mission and wanted Exodus to succeed paid the price, having been laid off in the worst possible way.

avatar
Exodus Response
3y
We appreciate you sharing your thoughts with us. As a company grows, and more levels of leadership are introduced to lead more teams and projects, communication and feedback channels also evolve. As feedback is incredibly valuable to our leadership, we have established internal channels and mechanisms for team members to share their input and concerns with all levels of management. When hiring for leadership and high-level management roles, we look for people who will be excellent in their role, align with the company values, and will positively add to the company culture. Given the weight of importance we place on all of these factors, we conduct panel interviews for our high-level managers, allowing us to receive feedback from multiple interviewers to make data-based decisions and not decisions based on a gut feeling. Transparency is and will continue to be an important part of working at Exodus. During the restructuring in late 2022, our leadership team took the approach they thought would be best for those affected, while still protecting our company data. They offered every team member the opportunity to speak with their department head, and/or our CEO, so they may ask questions and learn more about the conditions for layoffs. We wanted to be as transparent as possible during this unfortunate event. The layoffs were, unfortunately, necessary for the company's long-term success. Exodus was not immune to the prolonged market conditions that put so many companies, including Exodus, in the incredibly tough position of having to do a force reduction. Our leadership team was transparent with team members about all of this during the open office hours they held late last year. We hope that you took advantage of these open office hours and appreciate you sharing your feedback here as well.
5.0
4 Apr 2021
Recommend
CEO approval
Business outlook

Pros

Great environment Great Pay Great Benefits Great Team Awesome Mission

Cons

A lot of knowledge required for this position

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Glassdoor has 41 Exodus reviews submitted anonymously by Exodus employees. Read employee reviews and ratings on Glassdoor to decide if Exodus is right for you.