There are newer employer reviews for Prosper.com

 

Significant changes for the better across the board

  • Comp & Benefits
  • Work/Life Balance
  • Senior Management
  • Culture & Values
  • Career Opportunities
Current Employee - Anonymous Employee  in  San Francisco, CA
Current Employee - Anonymous Employee in San Francisco, CA

I have been working at Prosper.com full-time for more than 3 years

Pros

Prosper is well-capitalized and growing rapidly, which makes for an exciting place to work. Teams are still small enough that individuals can create real change, and the management seems very focused. The general vision of disintermediating consumer lending is a cool vision to get behind, too.

Cons

Rapid growth in hiring has led to lots of new faces, but there aren't many opportunities to mingle across silos. Benefits are improving but still not as good as top-tier start-ups.

Recommends
Positive Outlook
Approves of CEO

22 Other Employee Reviews for Prosper.com (View Most Recent)

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  1.  

    Successful turnaround story in an industry ripe for disruption.

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Current Employee - Anonymous Employee
    Current Employee - Anonymous Employee

    I have been working at Prosper.com full-time for less than a year

    Pros

    Forward-looking senior management with a stellar track record have successfully turned around a company that was executing poorly two years ago. The idea of p2p lending has always been a good one, the current team has the right mix of experience, pragmatism, and resources (including VC funding) to realize its potential of explosive growth, and the company is hiring top-tier talent at a rapid clip, in all disciplines.

    Cons

    The team is very committed and works extremely hard - sometimes to a fault in terms of long hours.
    HR / benefits are somewhat poorly organized, although improvements have been committed to for the near future.
    Technology has a deep "financial industry" pedigree and some of it is a bit archaic, this too is being addressed.
    Loan verification agents do not have a clear career path for promotions or other long-term rewards.

    Advice to ManagementAdvice

    Continue to focus on hiring strong talent, including in HR and technology. Weed out underperforming team members.

    Recommends
    Positive Outlook
    Approves of CEO
  2. 2 people found this helpful  

    Reviews added recently to make company look more appealing to work for..

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Former Employee - Anonymous Employee
    Former Employee - Anonymous Employee

    I worked at Prosper.com full-time for more than 3 years

    Pros

    -New management team at the senior level is great, and rapidly growing
    -After last round of funding should be stable enough for a while capital wise

    Cons

    -Middle management is the downfall. Old employees who have been around too long, unqualified and unappreciative.
    -Put in 2 weeks notice for a new opportunity, and they pretty much told me to pack my bags that day. Very unprofessional. I was with the company for several years too.

    Advice to ManagementAdvice

    Take a look at the employees who've still stuck around. They were there when the company went almost bankrupt, are they really the talent you want to keep?

    Doesn't Recommend
    Positive Outlook
    Approves of CEO
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