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88 Reviews
2.2
88 Reviews
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Velti CEO and Director Alexandros (Alex) Moukas
Alexandros (Alex) Moukas
71 Ratings
  1. 6 people found this helpful  

    Worst place I ever worked

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Career Opportunities
    Former Employee - Managed Others in San Francisco, CA
    Former Employee - Managed Others in San Francisco, CA

    I worked at Velti

    Pros

    Great industry to be in with potential for a lot of growth. Good client roster that looks like it will grow.

    Cons

    Without a doubt the worst executive management team I've experienced in my 15 years in the business. Complete lack of transparency and communication, often downright lying. Squirrely accounting and theye have stiffed contractors in all parts of the globe, one senior exec remarking that "vendors are a dime a dozen, find another". Huge culture conflict between Greek HQ and US offices. Promised an IPO every month for the six months I was there and now it still hasn't happened and they have just filed an 8th amendment. Just learned they just layed off part of San Francisco and other offices in Dec 2010 and Jan 2011, some of them relatively new hires. US management has adopted the exec management style and are as corrupt and deceitful. None of rank and file were ever happy and everyone was looking for new jobs a month in. Disgraceful, and probably lots going on that wasn't legal.

    Advice to ManagementAdvice

    You will not grow or even sustain yourself in Silicon Valley if you treat people like expendeble trash. Talent will go elsewhere, you need to value employees more and you need to be open in communications and not bend the truth. The US is not Greece so you need to clean up the corruption if you want your employees to stay. There will be an exodus early in 2011 if there is no IPO, especially with the economy heating up. CEO cannot continue to be incommunicado. And we were told we were the next Cisco. Right.

    Doesn't Recommend
    Disapproves of CEO

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