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Venmo Reviews

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  • Helpful (2)

    Lots of autonomy and a sense of purpose

    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Employee - Anonymous Employee in New York, NY
    Current Employee - Anonymous Employee in New York, NY

    I have been working at Venmo full-time (Less than a year)

    Recommends
    Positive Outlook
    Recommends
    Positive Outlook

    Pros

    When my friends see me now, they all comment that I am the happiest they've seen me, and my job at Venmo is the reason why. (And this is out of >5 jobs across many years, so this is really saying something.) Here's what's great about Venmo:
    * Inclusive, open, and nonjudgmental people. They are genuinely interested in learning more about what you have to say, and are quick to invite you out for a drink just because you are in the office late at the same time. And people are encouraged to be themselves as individuals; rather than being judged, individuals are appreciated.
    * Diversity of thought and backgrounds. We have people from all walks of life -- Ivy Leaguers, Hacker School alums, an ethnic smorgasbord, and a gender mix that's really rare in the tech and startup space. I think at last count, we had 30% women in technical roles, and even a higher ratio across the company. And this adds to the openness of our community.
    * Autonomy with support. If you are a self-directed person, Venmo is amazing. You are given a ton of responsibility from the outset and expected to deliver. It's up to you to come up with your own deliverables, plan, and timing. There is support if you need it from your colleagues, and not many barriers to getting things done. No bureaucracy, no blockers. I should note here that I'm not on the Engineering side, where there is a bit more structure about deliverables.
    * Sense of unified purpose. We are all in it together to make Venmo _the_ mobile P2P payments app. As someone who isn't on the Engineering team, I still feel part of the purpose and also am able to propose my often-naive point of view. People aren't dismissive of good ideas (or bad ones, in my case); they appreciate that you care enough to be thinking about and raising ideas.
    * Great perks. I don't care about this as much, but I recognize Venmo offers amazing perks. Beyond the free food, flexible hours, flexible WFH approach, fantastic new office with beautiful views of the Hudson River, and awesome West Village location, the perks I like the most are the ones that bring the office together: Cocktail Thursdays, the nightly gatherings in the gaming room, once-monthly evenings out to local places like Fat Cat, funny events like Nacho Chip Day, Pi Day, etc.

    Cons

    Some of the cons -- which Venmo leaders are aware of and actively seeking to address -- are:
    * Lots of open roles, which affects people's on-the-job learning and leads to things not getting done. We are hiring like crazy (but carefully -- don't want to disrupt our special culture), so I imagine this should get resolved by the end of this year.
    * Uncertainty about how things might change with Paypal's influence. So far, there hasn't been a lot of negative stuff, mostly some neutral-to-positive changes (e.g., the new office, good compensation). But there is a sense that this could change.
    * Clearer strategy beyond the next 6-12 months. We know what we need to do today and next month and this quarter, but sometimes it's hard to be sure what the overall strategy is.
    ***********I would say that if you aren't self-directed and able to handle regular change (e.g., to your org structure, manager, or even your role), then Venmo is not for you. We are maturing as a startup but still have a lot of flux.*************

    Advice to Management

    Communicate strategy more clearly to employees. Remember many of us are relatively new so don't have the context that may have been set before.

    Paypal, be careful about quashing the excitement and intrinsic motivation that the Venmo team feels. Your bureaucratic processes should be re-thought and revamped with the view to get things done and serve your employees.


Venmo Interviews

Interview Experience

Interview Experience

66%
11%
22%

Getting an Interview

Getting an Interview

41%
25%
16%

Interview Difficulty

3.2
Average

Interview Difficulty

Hard

Average

Easy
  1.  

    No Offer
    Negative Experience
    Average Interview

    Application

    I applied online. The process took a weekinterviewed at Venmo in April 2015.

    Interview

    I applied over the weekend and was contacted by a Recruiting Coordinator during the week about scheduling a phone interview.

    My interview was scheduled for Wednesday but I ended up asking to re-schedule because the recruiter was late to the interview. I ended up speaking with him the following day-- I was asked pretty generic questions. At the end of the call, he said he wanted me to move forward to the next step involving an assignment with spreadsheets. I was asked to send over my availability over the next few days to do the 30 minute assignment.

    I sent over my information that night and was contact over the weekend by the Recruiting Coordinator that I would not be moving forward. I was really confused since I was told over the phone that I would be moving forward– I reached out to the Recruiting Coordinator twice to clarify the situation and she never got back to me.

    I understand that they could have changed their minds about me but it's bad practice that they would rescind the next steps of my interviewing process without an explanation or response. They could have had me complete the assignment and tell me otherwise afterwards. I have never had this happen to me and feel like this really tainted my candidate experience.

    Interview Questions

Venmo Awards & Accolades

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Additional Info

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Website www.venmo.com
Headquarters New York, NY
Size 50 to 149 Employees
Founded 2009
Type Company - Private
Industry Finance
Revenue Unknown / Non-Applicable
Competitors Unknown

Venmo is a peer-to-peer mobile payment service that makes paying your friends simple, fast and free. Venmo works on your iPhone and Android, or on your desktop. We make it simple for people to pay for the fun things they do together.

Venmo is the first and only social payment service. Use Venmo’s social network to leave personal notes and comments on payments. Choose to... More

Mission: Connect the world and empower people through payments

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