Rearden Commerce Reviews

Pros

Rearden has a huge vision, lots of really smart people working to deliver it, and apparently strong financials to support it. The Marketing team grew dramatically over the last six months and has become a critical mass of strong players making fast progress. It was a hard decision to leave when I was offered a personal career growth opportunity at another start-up.

Cons

It's a broad and complex business that requires constant re-balancing of resources across current customers vs. future vision, direct sales vs. channels, buy-side vs. sell-side, enterprise vs. SBM, etc.

Pros

There's a great energy here, and people are truly excited about what they do. Lot's of work to be done, but a great team to do it with.

Cons

There are many new people -- but management seems keen on meshing everyone together with a revived culture.

Pros

The original vision, but it keeps changing.

Cons

Unstable Executive Leadership. New teams rolling in each year and the most recent crew doesn't even have industry experice.

Rearden is still trying to boil the ocean yet they say they are not. The proof is the lack of ability to best in class at anything.

Lastly, a Platform should grow, however, the Rearden platform has fewer features today than it had two years ago. It has yet to be come the Amazon for services. Still unsure how the new Procurement solution fits.

Advice to Senior Management

Execute already and stop hiring non-industry personnel and putting them in leadership roles; try promoting from within and maybe the turnover will drop! Try to focus on ONE product before moving to the next. You need ot be best in class at something.

Pros

Before I started here, I was nervous because of the stuff posted on here. I have actually found the place to be friendly and my peers work hard to do the right thing. There are some tensions you see between people arguing loudly about their point of view and I turn around and see them say I'm sorry.

People genuinely help you out to learn and I've felt comfortable asking questions to anyone.

Workspace is fantastic and encourages everyone to talk amongst teams very easily.

Cons

Critical knowledge amongst key engineers not well distributed. One or two people seem to hold the keys to all the knowledge in the firm.

The company seems like they are cheap on dumb things like phones, paper supplies.

Pros

-strong work ethics
-good compensation levels

Cons

-discipline to stay focused on smaller tactical goals

Advice to Senior Management

-maintain discipline

Pros

Rearden has a lot of very sharp people. The CEO is one of the best salesmen I have ever seen anywhere. He can literally sell anything to anyone at any time and make a buyer desperate to buy. The facilities are bright and open with new furnishings in a new building. Also, compensation is very reasonable.

Cons

This is one of the most political environments that I have ever worked in. Even though I was never worried about losing my job, a climate a fear pervades the company. People are routinely fired for having offended the wrong person. Long term success is more related to what the CEO thinks of you than what you actually produce. In the senior management ranks, the CEO pits people against each other leading to a lot of back-stabbing and deceitful behavior. This gets reflected down the chain-of-command as mid-level managers maneuver to move up. There are plenty of opportunities for promotion due to the high level of turnover in the senior management ranks. There is unfortunately a large number of managers who spend all of their time covering their own backsides and trying to look good at the expense of their reports.

Advice to Senior Management

Although it's probably too late to change the culture, try hiring managers that care about their reports and producing top quality software. The company seems to constantly hire managers that are more interested in empire-building and sucking-up.

Pros

good place to get promoted faster and get the titles for your next job

Cons

Very difficult place to do anythign right. stay away from this place if you can.

Advice to Senior Management

Kill the old regime if you want to change the culture and improve productivity. Get the liars out who pretends they are doign something good for the company.

Pros

If you don't have any other options, then you can work here.

Cons

Employees are not treated with respect. No open communication. Lot of micro management. Nobody knows what they do. Everyone is clueless. You can forget about your personal life if you work here. Politics everywhere. People lie openly. No accountability. Well, my cons can go on and on and on. Well, you get it now.

Advice to Senior Management

Any advice .. doesn't help.

Pros

great facility
good products that work
vision was among the best

Cons

New president is more talk than walk
also narcissistic to the bone
New president seems to like to talk about what happened in dot com days not the past 8 years.
Other sr mgmt appear to protect upward not downward so little respect for employees

Advice to Senior Management

CEO needs to bring in a doer not a talker to effectively get things accomplished, Grady started off great and just brings in people who tell him what he wants to hear to report to him. No one to challenge decisions and therefor no checks and balances with decision making.

Pros

CEO can and is closing very large partners deals, which in the aggregate, will put the co in a new place financially. Additionally having big banks, credit card companies selling and using Rearden's platform will only garner more interest from would be buyers MSFT, AMZN, GOOG, APPLE.

Interesting techcology.

Smart engineers.

Have some heavy weigths now on exec team - Pritchett, Biestman types which bodes well.

Rearden will be bought, have a nice exit and all the naysaying folks on here will wish they bought their shares.....mark my words.

Cons

legacy stack

too many "priorities"

no buzz

Advice to Senior Management

Recognize the folks deeper in the company that are the heart and soul.