Prosper.com Reviews

2.7

37% would recommend to a friend

(298 total reviews)
avatar

David Kimball

29% approve of CEO

28% positive business outlook

Prosper.com has an employee rating of 2.7 out of 5 stars, based on 298 company reviews on Glassdoor which indicates that most employees have an average working experience there. The Prosper.com employee rating is 27% below average for employers within the Finance industry (3.7 stars).

Reviews by job title

298 reviews
2.0
3 May 2016

Unprofessional environment

Anonymous employee
Recommend
CEO approval
Business outlook

Pros

Decent snacks. Startup where you can develop a variety of skills. Great location in downtown SF near embarcadero. Some smart people to learn from.

Cons

Layoffs were done in a very unprofessional manner. During a surprising all hands meeting, all employees were told to go to their desks to wait for a potential email telling them they were laid off. Everyone was a nervous wreck while watching their friends and coworkers pack up their things to leave. First thing the CPO says after the layoffs is that now it's much easier to fit in meeting rooms. Sexual harassment issues were left unaddressed for months. Product management that tells designers and engineers to build products with no direction. Culture that is driven by fear of the CPO and other executives. CEO that sells all his shares and then boasts to the media he is not taking a salary this year. This is a sinking ship you want no part of.

2.0
11 May 2016

Sinking Ship

Anonymous employee
Recommend
CEO approval
Business outlook

Pros

- Generally relaxed work environment -- nobody really cares when you come or go. - Decent perks/benefits, although compensation isn't that great when you consider the terrible value of your stock. - Untracked vacation at a place where people actually take time off.

Cons

- There is no direction or long-term strategic vision for the company from the top down. The CEO more or less admitted as much saying that there was no unified road-map agreed on by executives for the past year. - Because there is no unifying, top-down vision, the company is extremely disorganized and there is no plan for long-term sustainability. Instead, management chases the latest hot-button issue and throws all resources behind that issue, ignoring everything else. This results in decaying infrastructure receiving little to no resources and various groups working on projects deemed "high priority" with no resources or executive support. - As the other reviews have indicated, the entire engineering organization is a mess. There was no product executive for 8 months and currently there is no CTO. Even if you do not work in engineering, the lack of quality leadership and engineering standards permeates the organization - releases have major bugs and core processes are at capacity or breaking. It' is unrealistic to say that bugs or infrastructure issues will never occur, but the rate at which they do is extremely alarming for a company whose business model is predicated on moving large sums of personal money on a daily basis. - The standard for hiring is extremely poor. There are some incredibly bright individuals, but they will have to work with a lot of less-than-stellar employees. - The company has absolutely no culture and it shows -- nobody is excited to really be working on anything. Prosper also does not invest in learning or professional development for its employees. There are no off-sites, team events, or events to give back to the community.

5.0
11 Jun 2015
Recommend
CEO approval
Business outlook

Pros

I work at the Phoenix office, and coming from the retail baking industry, Prosper is an amazing company to transition into. They have such a great company culture and work environment. My co-workers and managers are the best!! I honestly look forward to going to work every day, and I am constantly learning and growing in my position. Every day is a new opportunity to grow and meet your goals. The company does a good job with giving you so many opportunities to succeed and be productive. This is the best company I've ever worked for.

Cons

Not enough junk food in the FULLY STOCKED break room ;)

Viewing 1 - 3 of 298 Reviews

Glassdoor has 313 Prosper.com reviews submitted anonymously by Prosper.com employees. Read employee reviews and ratings on Glassdoor to decide if Prosper.com is right for you.