Velti

  www.velti.com
  www.velti.com
There are newer employer reviews for Velti

3 people found this helpful  

A company that does not know its course.

  • Comp & Benefits
  • Work/Life Balance
  • Senior Management
  • Culture & Values
  • Career Opportunities
Former Employee - Vice President, Sales in San Francisco, CA
Former Employee - Vice President, Sales in San Francisco, CA

I worked at Velti full-time (more than 3 years)

Pros

A wide array of products in the mobile space. Worldwide projects.

Cons

Very poor data. Every project is a soap opera. Constant over promise and under delivery.

Advice to ManagementAdvice

Pick a course of action and stick to it.

Doesn't Recommend
Neutral Outlook
Disapproves of CEO

88 Other Employee Reviews for Velti (View Most Recent)

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  1. 4 people found this helpful  

    Poor. Lack of clear strategic view.

    • Comp & Benefits
    • Senior Management
    • Career Opportunities
    Current Employee - Anonymous Employee in San Francisco, CA
    Current Employee - Anonymous Employee in San Francisco, CA

    I have been working at Velti full-time (more than 3 years)

    Pros

    Hot industry. Great new offices in SF and New York.

    Cons

    Lack of clear vision of where they need to be in the industry. No real Val prop or differentiator. I've been there a year and still have not seen the mgage product. No consistent pricing strategy. Everyone is nervous about their jobs after a round of layoffs last week. Wall St is not looking favorably on Velti as they blew through a significant amount of their cash reserves in 6 mo's resulting in their stock falling about 50%. Too high a concentration of rev's coming from overseas on mobile practices that would not be approved by carriers or MMA here in the US. Two business units that effectively compete against each other in the US.

    Advice to ManagementAdvice

    Stop trying to put new lipstick on the same pig. Performance pricing will not work and is risky as it is too easy for a competitor to price at cost plus and not value, which is what performance is.

  2. 3 people found this helpful  

    Could be better, look elsewhere

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

    I have been working at Velti

    Pros

    Location, location, location--close to BART in Financial District. Rapidly growing, up and coming industry. Talented individuals in the lower levels.

    Cons

    Lack of set company culture. Internal communication needs improvement--employees don't know what is going on. Lack of job security--there have been several mass layoffs this year, never know if your job is going to get cut. Seems the bottom line is valued more than employees' well-being. Compared to Silicon Valley companies in the same industry, perks are poor, way below par for some.

    Advice to ManagementAdvice

    Dissatisfied employees isn't going to help your company grow. Employees need to know what is going on and the direction of the company.

    Doesn't Recommend
    Disapproves of CEO
There are newer employer reviews for Velti

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