Intellectual Ventures

  www.intellectualventures.com
  www.intellectualventures.com
There are newer employer reviews for Intellectual Ventures

1 person found this helpful  

Great place to work, if you have the right attitude.

  • Comp & Benefits
  • Work/Life Balance
  • Senior Management
  • Career Opportunities
Current Employee - Anonymous Employee in Bellevue, WA
Current Employee - Anonymous Employee in Bellevue, WA

I have been working at Intellectual Ventures

Pros

Expectations are high, but if you like a challenge, you'll get all you can handle.
It is never, ever, boring.
You work with extremely smart and driven people.
Salary compensation is average or above average, but the potential for additional income is huge.
You work on interesting, and in some cases world-changing, technologies.
Potential, on all fronts, is staggering.

Cons

Mostly senior and experienced people are hired to work here, so if you're looking for a typical 'career path' you won't find it.
The business model is mostly in people's heads. Processes are not documented or well understood.
Communication is an issue. Too many smart, driven leaders who don't really talk to each other, or their subordinates.

Advice to ManagementAdvice

Trust in the integrity, intelligence, and experience of your employees.
Share the info!
Have a strategic vision, articulate it, and then encourage the really, really smart people who work for you to build the processes to implement it.

Recommends
Approves of CEO

70 Other Employee Reviews for Intellectual Ventures (View Most Recent)

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  1. 9 people found this helpful  

    Great Business Model, Extremely Poor Management

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Career Opportunities
    Former Employee - Anonymous Employee in Bellevue, WA
    Former Employee - Anonymous Employee in Bellevue, WA

    I worked at Intellectual Ventures

    Pros

    Interesting and challenging work
    Potentially large returns
    Variety of technological areas

    Cons

    Egos of most senior mgt
    Response of other mgt to egos of senior mgt (none)
    Lack of sense of obligation to keep word to employees
    Lack of respect for employees and others
    Lack of morals, ethics, or professionalism.

    Basically, the founders seemed to only be interested in making money; putting other people down, thinking they knew more than experienced professionals in areas where the founders had no expertise, encouraging people to break their word to others, mis-representing terms and conditions to persuade employees to do what they wanted, pressuring employees to give up benefits upon threat of being let go, etc.

    Advice to ManagementAdvice

    Lose the ego, treat people with respect and honesty
    Stop expecting so much more from others than you are willing to do yourself
    Be honest and professional in all of your business dealings

    Doesn't Recommend
    Disapproves of CEO
  2. 3 people found this helpful  

    Drop the ego and execute

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Career Opportunities
    Current Employee - Anonymous Employee in Bellevue, WA
    Current Employee - Anonymous Employee in Bellevue, WA

    I have been working at Intellectual Ventures

    Pros

    There is an impressive collection of talent at IV. The business model has a lot of potential, and the company is well resourced.

    Cons

    A few things jump out:
    -Ego. The company is top-heavy, and most people at the top have large egos.
    -Lack of vision. The value proposition/business model is still being figured out. The company's leadership, if you want to call it that, struggles to tie company initiatives to the to-be-defined strategic vision.
    -Feels like Microsoft. For a company that had 50 employees just a few years ago, there is an impressive amount of bureaucracy. Yet, it is bureaucracy and process for things that don't matter..
    -Territoriality. The company is driven by a few people who have successfully managed to snag as much power as possible. There is little coordination and collaboration between business units.

    Advice to ManagementAdvice

    Leadership has nothing to do with amassing power; define and communicate a vision, rather than dictating from on high. I don't particularly care how successful you have been in the past - work hard and show me results rather than telling me how important you used to be.
    This culture needs to be fixed before the company can succeed.

    Doesn't Recommend
    Disapproves of CEO
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