SecondMarket Reviews

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  1. Helpful (4)

    Got a little ahead of itself, now paying the price

    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Former Employee - Associate in New York, NY
    Former Employee - Associate in New York, NY
    Doesn't Recommend
    Negative Outlook

    I worked at SecondMarket full-time

    Pros

    -Very sharp group of people from top to bottom -Not a bank or a startup...somewhere in the middle -Allow career growth for exceptional employees -Work in assets that are new and interesting -Lot of exposure to different business models and technologies

    Cons

    -Company is no longer a cash cow -Very slow to develop the online tools -Management isn't experienced in running a mid-sized company -A lot of the best folks left when the company began to decline -Skill set isn't easily transferable within the finance community -Comp isn't what it used to be -Lack of overall direction confuses employees

    Advice to Management

    I think they'll figure something out eventually but they need to nail down a direction for the company. Are you a broker or a software developer?


  2. Helpful (1)

    Poor leadership that has no strategy for generating revenue going forward

    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Former Employee - Anonymous Employee in New York, NY
    Former Employee - Anonymous Employee in New York, NY
    Doesn't Recommend
    Negative Outlook

    I worked at SecondMarket full-time

    Pros

    - New office space - Low expectations (easy to coast) - Good junior level people

    Cons

    - Terrible leadership - Lots of turnover - Multiple layoffs in the past two years (more likely) - No longer growing revenue - No future direction

    Advice to Management

    Hire smarter Treat junior people better


  3. Helpful (1)

    Great Innovative Company, Hard to figure out your place as a Junior person

    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Former Intern - Summer Analyst, Private Company Market in New York, NY
    Former Intern - Summer Analyst, Private Company Market in New York, NY
    Recommends
    Positive Outlook

    I worked at SecondMarket as an intern (Less than a year)

    Pros

    The people are smart and definitely know and think they are changing the industry, it creates great energy around the company

    Cons

    Hard to be a junior person as the focus is on growth and less on talent development, at times the lack of communication made it hard to know your place


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  5. Helpful (2)

    Bipolar

    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Former Employee - Test in New York, NY
    Former Employee - Test in New York, NY
    Recommends
    Negative Outlook

    I worked at SecondMarket full-time (More than 3 years)

    Pros

    IT vs Finance - If you come in with a few years of experience the salaries are fair but banks and other institiutions are better.

    Cons

    If you're in IT and want to learn about finance, forget itt, and if you have no or little experiance they will exploit you.

    Advice to Management

    Hire experienced people with good mentoring skills and let people do their jobs, don't make it feel like a dead end right off the bat. and please let creative people create. People in upper management have lost sight of fun, fast and friendly.


  6. Helpful (2)

    Contractor

    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Former Contractor - Anonymous Contractor
    Former Contractor - Anonymous Contractor
    Doesn't Recommend
    Negative Outlook

    I worked at SecondMarket as a contractor (More than 3 years)

    Pros

    Nice people on the tech side, along with the junior folks.

    Cons

    They have no "real" product, they are just money-hungry Wall St. types. the Facebook IPO was a rare good moment for them but it's gone. Meandering now. Upper mgmt is lost, direction-less.

    Advice to Management

    Learn how to run a company. Create a product.



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