Hoping to join a fun tech startup? Go anywhere else but here - Anonymous employee Hedgeable Employee Review

1.0
Sep 26, 2016
Anonymous employee
Recommend
CEO approval
Business Outlook

Pros

Casual dress, can wear flip flops (can only wear shorts if you're a female), occasional happy hours (that are poorly planned and decided on at the last minute), paid lunch during the week

Cons

No training or good communication between departments. Since the two co-founders are twin brothers, they constantly argue and pick fights with each other in front of the whole team which is incredibly uncomfortable and unprofessional. Emails and chats are monitored by the two co-founders as well. They won't tell you but will know everything that you are saying so nothing is private which shows that they don't trust anyone on the team causing a bad company culture. Not only are the co-founders passive aggressive, they have strange requirements when trying to sell that they are a "cool tech startup" in New York (i.e. being in at 9 AM on the dot, core hours being 9 AM - 7 PM). If I knew any of this would happen after joining the team, I would have never switched from my previous tech startup. I'm glad I got out when I did because I don't know how much longer they will be around for. Hedgeable seems like a slowly sinking ship.

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Hedgeable Response
9y
I am sorry for your negative experience. Working on a small team is difficult, especially with founders, and we appreciate your feedback. We have cross-training programs for the entire organization, have knowledge share sessions, and paid General Assembly Courses. It is common for employers to monitor employee communications for compliance and legal purposes. In fact, Hedgeable is required by law to monitor employee communication to prevent insider trading and other illegal activities. Unfortunately, employees can't have any expectation of privacy using company email accounts with messages sent representing the company, company computers, etc, in a regulated environment. Social media accounts must be monitored because Hedgeable is regulated by the SEC. These policies are clearly outlined in Hedgeable compliance manuals, which are available to every employee. Hedgeable does not monitor any personal cell phone or email accounts. Company business hours are tied to market hours, unfortunately the markets open at 9:30AM and we have customer support that is tied to these hours. We wish you the best of luck in your endeavors and hope that you find a better cultural fit at a future employer :)

Explore other reviews about Hedgeable

5.0
Aug 31, 2017
Recommend
CEO approval
Business Outlook

Pros

Very very smart peeps I get to work with. We have a huge roadmap and lots of great partners, so I am never bored. Things are REALLY fast paced. We get to travel all over the world because our partners are global, which is really cool.

Cons

No unlimited vacation policy...at least yet!

1
avatar
Hedgeable Response
8y
We are happy you are enjoying the culture, and the engineering work you are doing. Your suggestion on vacation has been noted with the HR manager!
5.0
Mar 27, 2017
Anonymous employee
Recommend
CEO approval
Business Outlook

Pros

$1 account minimum for robo-advice. The mission is really good. Everyone cares a lot about customers. I had a really good opportunity to build everything from the ground up. In the beginning we were really really focused on institutional sales and we made a pivot to consumer and went full in 100%. I like the speed that we did that, I hadn’t seen that in past workplaces. So that was refreshing to be as a reformed Wall Streeter. Culture encourages hard work but not burnout. The two twins who run the company work every weekend, do all of the customer support, etc, it’s insane.

Cons

I left to make more money elsewhere. Banks will pay me 3x what a startup will. Nothing against Hedgeable, just life! So you won’t make what you can at a hedge fund or bank. All millennials. If you are a millennial this could be fun, but if you are Gen x, it’s hard to manage them. Can’t work from home.

3
avatar
Hedgeable Response
8y
Hi! We have hired a full-time compliance and HR manager since you posted this. Thank you so much for the constructive feedback and best of luck in your career!!!
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