Mission: We exist to bring fans closer to the games they love. We make sports better by making better sports fans. That’s because we live in the one place sports fans have never been before. DraftKings: The Game Inside the Game.
Top CEOs: 2016 (#14)
It all started with a love for fantasy sports. Matt Kalish presented the idea of turning a season-long passion for fantasy sports into a daily model to his friends, Jason Robins and Paul Liberman. Jason took the lead on market research, Paul started developing the website and Matt created a daily fantasy sports contest model…The rest is DraftKings history.
Here’s how DraftKings’ Daily Fantasy Sports platform (DFS) works: instead of season-long leagues, we allow customers to compete in single-day, online fantasy sports contests across the largest variety of professional sports. DraftKings customers enter contests and make their team selection – athletes are drafted and teams are built according to athletes’ salary valuations, which are based on their unique historical performance data. Players then submit their team before the games begin and contests lock (close). Players earn points based on their in-game performance.
Since the initial platform officially launched in 2012, DraftKings has grown explosively and has become a transformative experience, changing the way fans interact with sports. We’re bringing people closer to the games they love and making ourselves an essential part of their experience in the process.
DraftKings is headquartered in Boston, MA and offers daily and weekly fantasy sports contests across ten professional sports in the U.S., Canada, U.K., Malta, Germany, Ireland and Austria.
It’s simple: data is king. To continue leading the industry and pushing boundaries, we harness all information available to make balanced decisions.
We want you to be you. Being seen as a widely trusted and accountable company starts with genuine team members who are honest and confident.
BIAS FOR ACTION
We don’t wait for the answers. Instead, we go and find them, eagerly testing our theories where data is limited and learning from our mistakes.
Teamwork makes better individuals. We believe there’s no such thing as a bad idea, that coming together can only improve our work and turn concepts into reality.
We’re dedicated to creating great products for our customers and meaningful work experiences for each other. We focus on possibilities, not roadblocks.
Our priority isn’t to meet customer expectations, it’s to blow them away. Customer loyalty is the name of the game because without our fans, we wouldn’t be here.
We invented the game inside the game, but we’re a tech company first and foremost. If you’re a lifelong sports fan, you’ll love working here. If you don’t really care about sports, you’ll love working here.
Our work requires us to build products quickly and solve challenges immediately. To do this, we foster an environment where you feel comfortable sharing your ideas and working together to give our customers a flawless experience.
Take a break for self-care with on-site haircuts and manicures. Our kitchen is stocked with snacks, cold brew on tap, and craft beer just for you. We even offer discounts to local gyms, so you can keep yourself at your healthiest.
All employees have a stake in our success. You’re set up for the future with performance-based bonuses. Highest-performing employees are rewarded with stock option grants in addition to those received when hired. To keep you on your A-game we offer tuition reimbursement.
We know sometimes things come up, so we’re flexible with our informal sick and vacation time. All of our offices are relaxed environments: we’re not anti-suit, just pro-denim.
We’re more than relaxed offices and cool perks. Our commitment to our fans, each other, and ourselves is what inspires us to do our best work.
DraftKings partners with non-profit organizations to create contests on our platform to spread awareness and raise proceeds for causes that are important to us. In addition, we match employee charitable donations and employees participate in community service events such as Big Brothers Big Sisters. DraftKings has also organized charitable events such as blood drives, coat drives, and toy drives.
Our health insurance covers your pearly whites and peepers, and the rest of you too!
Our kitchen’s stocked with healthy snacks and we reimburse part of your gym memberships to help you stay in tip-top shape!
We want your life to be a little easier.
Convenience perks range from commuter benefits and ZipCar discounts to in-office pampering with manis, pedis, a barber and chair massages, and in-office flu shots!
We take our work seriously but not ourselves.
Create an office rivalry in the game room, attend company events like “Chalk Talks” with pro coaches, get to know new faces with catered appetizers on Fridays and more fun events!
We know sometimes things come up and are flexible with our informal sick and vacation time.
Both our New York and Boston offices are relaxed environments: we’re not anti-suit, just pro-denim.
All employees have a stake in our success.
You’re set up for the future with performance-based bonuses. Highest-performing employees are rewarded with future stock option grants in addition to those received when hired.
I have been working at DraftKings full-time (More than a year)
- Constant new development and innovation, starting early on you will be expected to design, build, and test your own systems.
- Ownership means learning all about the deployment, maintenance, and testing side of the process as well as coding.
- Surrounded by excellent engineers.
- Fun office perks and culture. Snacks, beer/wine, extra curricular events help build more personal relationships with coworkers
- Flexible schedule and vacation time/work from home policy.
- Incredibly fast paced, and a "bias for action" means projects are often started before they are fully thought out. You will probably build at least one thing that doesn't get shipped or used in production. It can sometimes feel like the team is scrambling without a clear goal.
- The engineering org structure is constantly changing, and career paths are not as clearly defined as they should be.
Advice to Management
Try to fight for clearer specs before beginning projects. Realize that a poorly built project delivered sooner might hurt the company in the long term vs a well built project delivered later.
I applied through a recruiter. The process took 2+ weeks. I interviewed at DraftKings (Boston, MA) in March 2014.
First step was an in-depth recruiter phone screen, then I was immediately scheduled for a manager phone screen, then called back for the 1 onsite interview when I met multiple managers.
Within hours the company recruiter was back in touch with me getting feedback and asking my interest level.
I worked directly with the recruiter who was direct and honest. She gave me choices and asked my preferences in regards to what parts of the offer were important to me. She made it easy for me to get the right offer for me in this situation. It was a frank and easy discussion because expectations were set earlier when we spoke initially. I signed up with DraftKings for the long haul, to work here for many years, and I believe I am set up for a great future here.