Prosper Marketplace – “Start-up Pretending to be an Established Financial Institution”

Pros

Working with great people in a flexible environment for a company that had so much potential...with emphasis on the HAD

Cons

All the pros no longer exist at Prosper, thanks to poor management choices. If you go and visit the Prosper HQ, all you will hear is the clicking away at keyboards of employees who are bitching to each other on IM. Upper management are a bunch of yes men (or women) who are archaic in thinking and should have stayed in the banking industry. Prosper is top heavy and is bound to topple over sooner than later.

Advice to Senior Management

Please don't hire anyone who previously used to work at Providian again...that should be a huge red flag.