- Comp & Benefits
- Work/Life Balance
- Senior Management
- Culture & Values
- Career Opportunities
I have been working at TheStreet full-time (more than 3 years)Pros
I've worked for three and half years in TheStreet as a reporter. It is a great place for hungry, self-directed journalists with a passion for business writing and it has spawned many award-winning careers at the company and with outlets like the NYT, Reuters, Bloomberg, etc. On the editorial side, there are few constraints in covering a beat, which gives reporters a lot of freedom to run at the big stories of the day. It also means that there isn't much hand-holding.
CEO Elizabeth DeMarse came to TheStreet in 2012 to turn the company around using TheStreet.com to attract visitors and expand the company's brand, while subscription-oriented businesses like TheDeal and RealMoney to drive sustainable revenue. By my understanding, the strategy is working and the company is in a far financial better place than it was just a few years ago, underscored by the reinstatement of the dividend and recent acquisitions.
TheDeal is a trade publication that covers bankruptcy, M&A, distressed debt and private equity, often delivering major scoops like the IPO of Seamless.com and winning awards like Sabew, which was given to the entire newsroom. RealMoney is a subscription newsletter business for individual investors that leverages Jim Cramer's popularity and others like Dave Peltier and Stephanie Link.
TheStreet.com, the free site, is probably the part of the company people know best as it was one of the pioneers of online business news in the 1990s, spearheaded by Jim Cramer. But once other newsrooms like Bloomberg, WSJ and the NYT went online, it arguably came at the expense of TheStreet. Previous management at TheStreet also dealt poorly with that competition by making some disastrous acquisitions and ripping off portals like Yahoo and Google, alienating the site from SEO. The newsroom, won Loeb and Sabew awards, lost a lot of momentum.
But now TheStreet is profitable again, and the newsroom is in rebuilding mode under editor Janet Guyon and video director Ruben Ramirez. The TheStreet's brand has always been attached to independent-thinking, high-caliber investigative reporting and analysis that larger newsrooms may be too slow or credulous to offer, and that's where TheStreet.com intends to return.
In a time when being a "journalist" is an inherently risky endeavor, TheStreet is a place to consider for those who are self-directed, have something to prove and want to delve into the nuts and bolts of finance. The brand still has high currency within the business journalism community, and among sources and investors.
My understanding is TheStreet probably pays at a competitive rate when compared against the likes of Fortune, WSJ, Reuters for entry level reporters, and the benefits are very good, particularly the 8% 401k match. The offices are nice, there is a free pantry a 'la Bloomberg.
It is a pretty strong alternative option to wire reporting or trade publications.Cons
TheStreet is a small newsroom that's supposed to punch above its weight, so there isn't much hand holding. The site also competes for page views against click-oriented places like Business Insider, and far better staffed newsrooms like the WSJ, Bloomberg. That often means working harder and smarter on stories to have an impact, which is very fun and rewarding, but can also be frustrating.
There also isn't much editorial direction in terms of marching orders. In a past day and age an editor might re-configure a story completely, have a schedule for reporters, or find contacts and scoops to push stories forward. Not so at TheStreet, it's all on the reporter.
Successful reporters like Adam Feuerstein and Herb Greenberg have proven that model, you just have to be very smart and hard working.Advice to ManagementAdvice
Hire more hungry journalists straight out of Columbia, Northwestern, UNC and NYU for a decent salary with benefits and give them free reign to report. Invest in revamping TheStreet's website.RecommendsPositive OutlookApproves of CEO
Getting an Interview
Getting an Interview
- Application Details
I applied through other source – interviewed at TheStreet.Interview Details
I had one of the most pleasurable experiences interviewing here, I was able to relax and felt comfortable saying "I don't know" but demonstrated passion that the hiring manager (Director at the time) realized my passion. I got to speak to him and a couple of my soon to be coworkers and a few days later was extended the offer. The role prepared me with a serious injection of real world engineering at web scale that got me thinking about the next generation technology I've invented since.Interview Questions
Negotiation DetailsThe offer was pretty much perfectly in line with the regional average for that role in the area. I did not ask to renegotiate the salary.Accepted OfferPositive ExperienceAverage Interview
- The question were engineering related and made sense for the context of the role I would be tasked to. Answer Question
If you're looking for investment advice, you might want to check the word on the street. TheStreet offers financial news, tools, and analysis, as well as community features such as online chats and message boards, on both its advertising supported flagship website TheStreet.com and on its subscription-based site RealMoney.com, which also features commentary from market experts. Its MainStreet.com site features content related to personal finance topics. Sales come from advertising and subscriber fees. The company also distributes content through syndication deals with...