A scale up that's completely lost and constantly lies - Anonymous employee Alpaca Employee Review

1.0
Jan 25, 2024
Anonymous employee
Recommend
CEO approval
Business Outlook

Pros

- Fully remote. Which is nice because if it was in-office you'd probably find the CEO, VPs, and managers all singing Strangers in Paradise.

Cons

- High degree of nepotism. Unless you can get in, or are brought in, by someone high up you don't stand a chance. - Overinflated titles. - Many in the company, including the VPs, don't know what an ETF is yet alone the difference between a basis point and a percentage point. - CEO had a KPI of 'empathy' one month. This is coming from someone with zero emotional intelligence. Just listen to Alpaca's podcast. Specifically episode 14 at the 19:45 minute mark to see how much EQ the CEO has. - KPIs change monthly. One month we're told what our KPIs are. The next month during the all-hands call we're told 'we're doing this again because tried to measure too many KPIs'. - No competitive advantage and they're going up against major players who have been in the industry for decades. - Still unable to make a profit and the company's evaluation is dropping. - They love internal meetings. On Fridays I had three hours on internal meetings and one manager even complained when one of our meetings only lasted 15 minutes and not 30 because we simply didn't need the entire 30 minutes.

Explore other reviews about Alpaca

5.0
Nov 26, 2025
Recommend
CEO approval
Business Outlook

Pros

A culture like this means people learn fast, fix weaknesses quickly, and do not cling to ego or past decisions. Speed matters because slow teams lose opportunities and waste resources. Quality matters because sloppy output multiplies long term cost. Output driven means ideas and talk mean nothing unless they convert into real value. Growth mindset ties all of this together because without it people resist feedback, avoid discomfort, and drag down the team.

Cons

Growth mindset demands constant self scrutiny.

4.0
May 6, 2026
Recommend
CEO approval
Business Outlook

Pros

The team overall is good. Startup vibe with deadlines.

Cons

Too disorganized. Need a better planning for Qs -> This leads to a too tight deadlines. Top management needs to work on this more.

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