AssetAvenue Reviews | Glassdoor

AssetAvenue Reviews

9 reviews

Filter

Filter


4.3
StarStarStarStarStar
Rating TrendsRating Trends
Recommend to a friend
Approve of CEO
(no image)
David Manshoory
8 Ratings

Employee Reviews

Sort: PopularRatingDate

  1. Helpful (1)

    "Great company to intern with"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Former Intern - Anonymous Intern
    Former Intern - Anonymous Intern
    Recommends
    Positive Outlook
    Approves of CEO

    I worked at AssetAvenue as an intern

    Pros

    I originally began with AssetAvenue as a Fall intern, but enjoyed the work environment and team so much that I decided to continue with the internship for a full year.

    Culture: AssetAvenue’s culture of innovation permeates all facets of the company. The company’s flat organizational structure is inclusive and empowering. The open-format, informal office space is energizing and conducive to transparency across departments. The various teams within AssetAvenue collaborate enthusiastically to tackle large projects.

    Voice: Everyone in the company is encouraged to contribute their ideas and opinions regarding goals and projects. The company values self-motivated team players by enabling them to meaningfully contribute to the company’s goals.

    Weekly company meetings: Open communication keeps everyone informed and ensures that everyone remains focused and organized around team goals. Challenges and opportunities are openly discussed for cross-discipline discussion and problem solving.

    Team expertise: AssetAvenue has brought together an experienced and diverse team of professionals from both institutional and entrepreneurial backgrounds. The team is led by a visionary and inspiring CEO, who actively engages with each employee’s development and contribution, which is highly motivating.

    Cons

    Dynamic industry where everyone needs to think collaboratively and be quick on their feet. Must be up for the challenge and energy.

    Advice to Management

    Continue to adjust to industry and consumer trends as you scale the business.


  2. Helpful (2)

    "Poor Management"

    StarStarStarStarStar
    • Culture & Values
    • Senior Management
    Former Employee - Chief Technology Officer in Santa Monica, CA
    Former Employee - Chief Technology Officer in Santa Monica, CA
    Doesn't Recommend
    Neutral Outlook

    Pros

    Good Idea. Crowd Source for Commercial Real Estate

    Cons

    David has no clue how to lead a tech team. You can see this by the turn-over in key tech positions.

    Advice to Management

    Integrity and honesty is key...

  3. Helpful (8)

    "Beware! You can find better if you enjoy this business model."

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Employee - Anonymous Employee in Los Angeles, CA
    Current Employee - Anonymous Employee in Los Angeles, CA
    Doesn't Recommend
    Neutral Outlook
    Disapproves of CEO

    I have been working at AssetAvenue full-time (More than a year)

    Pros

    Some of the people were crazy smart and kind. There were catered lunches and opportunities to workout with a private trainer after hours. You will be challenged professionally and have an opportunity to work on projects you did not think you were capable of completing.

    Cons

    The CEO knows what to say to sell you on joining the company (especially by bad mouthing the competitors), his ideas and forgoing everything you know to be fundamentally right about your area of expertise.

    There will be strong reasons provided to you as to why you should consider a healthy pay cut to join the company, Remember that options are nice to have, but they do not replace your value in the marketplace.

    There is an expectation that you should work hard in order to reap your reward at certain milestones. However, in spite of whatever David may have offered, the rewards never come or when they do, they are wildly disproportionate to the expectations that were set in the beginning.

    It's not uncommon to come into the office and find one or more people have been let go, with no warning or explanation - to you or to the individuals being let go.

    It's not uncommon for you to be asked to work overtime or risk the CEO believing that you either don't care about the company or you are not a hard worker.

    You may be pulled aside and asked not to "chat around the water-cooler", presumably because there is an irrational fear by the CEO that you may be gaining influence and turning the company against him.

    You'll be told you have great ideas and that the creativity / originality you bring matter; however, they don't. Nearly everything about the AssetAvenue platform is copied from more mature competitors in the space.

    Expect that if you are a contributor to an important project, your every decision and opinion will be micromanaged and combed over by the CEO, who is neither the subject-matter expert nor has the time to listen to the reasons behind your judgement calls.

    You will want to believe the company will return your loyalty, but don't be fooled - there's always someone better that management is anxious to hire and replace/downsize you.

    The company had great potential and has been able to close healthy rounds of funding. However, it will be interesting to see how well the company endures with new marketplace lenders popping up every day, little customer-facing innovation occurring within the company and such high employee turnover.

    I expect this review will have a politically correct response that doesn't actually represent reality. Remember that the CEO knows what to say but not how to actually do it. Having read the reviews so far, I would not be surprised if they were faked or prompted by mgmt to those who are currently in favor.

    Advice to Management

    Be truthful in your promises. Treat people like people, not machines. Be more selfless. Allow leaders to lead. Get out of the woods and focus on steering the ship. Be OK with not knowing the future, especially when it comes to what rewards might come to those who stay with the company.


  4. Helpful (1)

    "Great opportunity to be part of a company that is in a unsaturated industry!"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Contractor - Anonymous Contractor in Los Angeles, CA
    Current Contractor - Anonymous Contractor in Los Angeles, CA
    Recommends
    Positive Outlook
    Approves of CEO

    I have been working at AssetAvenue as a contractor (Less than a year)

    Pros

    Anyone that works here makes a direct impact on developing/designing a platform and products that aren't available in a $250B+ market which makes what you work on very unique!

    Since this is a start-up, your work will have a greater impact and you will get exposure to many new concepts, technologies etc which creates career growth. Everyone here is super smart, very down to earth, and lack the egos found at other start-up companies.

    A culture that allows you to be yourself, have fun professionally and socially, and receiving positive recognition for your contribution.

    Cons

    Fast-paced, constantly changing environment where you better be ready to contribute immediately and wear multiple hats.

    Advice to Management

    While trying to scale very fast, don't lose sight of the culture that has been created so far and keep giving credit where it's due. Don't lose the passion and vision as that will keep getting the best of your employees.


  5. Helpful (3)

    "Exciting and fast-paced workplace"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Employee - Anonymous Employee in Los Angeles, CA
    Current Employee - Anonymous Employee in Los Angeles, CA
    Recommends
    Positive Outlook
    Approves of CEO

    I have been working at AssetAvenue full-time (Less than a year)

    Pros

    Lots of opportunity to contribute to the company's growth, highly collaborative, inspiring CEO who encourages you to be the best you can be, lack of typical corporate politics, you'll never be bored since there are always new projects and goals to achieve, the leadership really cares about the company culture and does what it can to help foster a tighter bond between everybody

    Cons

    It's more of an unstructured environment since it's not like an established corporate work place. You have to be willing to hit the ground running right away.

    Advice to Management

    Continue to invest in the company's culture, people and technology.


  6. Helpful (2)

    "Awesome company to work for!"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Employee - Anonymous Employee
    Current Employee - Anonymous Employee
    Recommends
    Positive Outlook
    Approves of CEO

    I have been working at AssetAvenue full-time (Less than a year)

    Pros

    Great culture
    Smart people
    Constantly working on fun and challenging projects

    Cons

    Heavy workload - must be up to the challenge - however, I still manage to have a good work/life balance

    Advice to Management

    Consider moving office location


  7. Helpful (2)

    "Amazing environment for motivated, smart and collaborative people."

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Employee - Anonymous Employee in Los Angeles, CA
    Current Employee - Anonymous Employee in Los Angeles, CA
    Recommends
    Positive Outlook
    Approves of CEO

    I have been working at AssetAvenue full-time (Less than a year)

    Pros

    The talent here is just inspiring. No egos, just passion to grow the business. The work is incredibly fast-paced in the best way possible, you execute and then see your impact on the business immediately.

    Cons

    With most start-ups, you need to be very flexible and open to change. Those that can't adapt or aren't up to the challenge may not do well here.

    Advice to Management

    Culture and personal/professional development should continue to be top priorities as we continue to scale.

  8. Helpful (2)

    "Exciting to work with really intelligent people from diverse backgrounds all coming together for a common goal."

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Employee - CA - California in Los Angeles, CA
    Current Employee - CA - California in Los Angeles, CA
    Recommends
    Positive Outlook
    Approves of CEO

    I have been working at AssetAvenue full-time (Less than a year)

    Pros

    Working in a high energy atmosphere makes it exciting to show up to work every day.

    Cons

    The company is growing so fast so everyone needs to constantly adjust.

    Advice to Management

    Its a very goal oriented organization with a great balance.


  9. Helpful (2)

    "Great potential, lots of smart people, energy is high"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Employee - Anonymous Employee in Los Angeles, CA
    Current Employee - Anonymous Employee in Los Angeles, CA
    Recommends
    Positive Outlook
    Approves of CEO

    I have been working at AssetAvenue full-time (Less than a year)

    Pros

    The founder is a very ambitious and inspiring person to work for. The team is very passionate about what the company and its mission, and they provide for an extremely collaborative work environment.

    Cons

    The office is very fast-paced. You need to really stay on your toes and there is no room for slacking off. You need to be willing to wear multiple hats since they are a small, but growing team.