Intellectual Ventures Reviews | Glassdoor

Intellectual Ventures Reviews

Updated July 13, 2017
111 reviews

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2.9
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Nathan Myhrvold
63 Ratings

111 Employee Reviews

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Pros
  • IV compensates fairly, work / life balance is appropriate and benefits are competitive (in 13 reviews)

  • The company is full of really, really smart people (in 16 reviews)

Cons
  • Not all policies apply to everyone; decision-making by top management takes a while (in 7 reviews)

  • Career path after intellectual ventures is very niche (in 4 reviews)

More Pros and Cons

  1. Featured Review

    "One of the most innovative companies"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Former Employee - Director in Bellevue, WA
    Former Employee - Director in Bellevue, WA
    Recommends
    Positive Outlook
    Approves of CEO

    I worked at Intellectual Ventures full-time (More than 5 years)

    Pros

    Great innovative environment, lot of lateral thinking and freedom to pursue your ideas, great interaction with external inventors and exposure to latest technologies ranging from biology to space science

    Cons

    Career path after intellectual ventures is very niche.


  2. Helpful (5)

    "IV"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Employee - Senior Manager in Bellevue, WA
    Current Employee - Senior Manager in Bellevue, WA
    Doesn't Recommend
    Negative Outlook
    Disapproves of CEO

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

    Pros

    Some very smart and nice people, but sadly humanity seems to reduce as you go up the chain. You almost feel a part of cool stuff happening - but unfortunately <10% of the company is doing "cool" stuff, the rest feels like overhead. There's free snacks and parking.

    Cons

    - Lack of vision, leadership, transparency, and accountability
    - Executives tend to create echo chambers and self preservation bubbles whilst squandering time and money into self rewarding fiefdoms at the detriment of regular workers
    - Crippling politics is more important than doing the right thing and accomplishing tasks
    - Lack of meaningful career advancement, whilst executives tend to move about, promote and re-land without issue
    - Depression and fatigue are common

    Advice to Management

    Care about your people and cut b.s. if you want to succeed. More employees than you would expect can see through it, don't you think investors and partners may possess the same ability? That's not good, no?

    Practice what is preached. Honest performances will generate more collaboration, respect, and results than duplicitous behavior.

  3. Helpful (2)

    "Vibrant, challenging culture without decisive leadership"

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

    I have been working at Intellectual Ventures full-time (More than 5 years)

    Pros

    Smart challenging peers and functional groups in a new industry space of patents as another asset class. Exciting ideas in invention and technology front. Comp package generally good although long term incentive comp has been languishing as of late.

    Cons

    Leadership seems indecisive. Goals and compensation not strategically aligned. Cultural tends to promote or at least tolerate ill-tempered behavior by management

    Advice to Management

    Decisive direction, aligning all goals and comp to the same end. Consider all stakeholders and increase their value.


  4. "Never a dull moment"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Former Employee - Anonymous Employee in Newcastle, WA
    Former Employee - Anonymous Employee in Newcastle, WA
    Recommends
    Positive Outlook

    I worked at Intellectual Ventures (More than 8 years)

    Pros

    The company is full of really, really smart people. You will never be bored.

    Cons

    Overlapping projects and matrixed project management can really impede forward progress.


  5. Helpful (1)

    "Working at IV isn't bad but not great."

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Former Employee - Accounts Payable Specialist in Bellevue, WA
    Former Employee - Accounts Payable Specialist in Bellevue, WA
    Doesn't Recommend
    Negative Outlook
    No opinion of CEO

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

    Pros

    Good medical/dental/vision benefits (for single). Generous PTO & holidays. Free parking and flexible hours. Company provided snacks, coffee, tea, sofa.

    Cons

    Lack of appreciation shown to employees. Staff stretched thin. Annual bonus and yearly long term incentive grants are inconsistent and weak.

    Advice to Management

    Find ways to show appreciation, boost morale, and retain employees with incentives.


  6. Helpful (3)

    "Good employer"

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

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

    Pros

    The compensation is very fair and commensurate with experience and responsibility. There is a stimulating intellectual environment that is always on the cutting edge of the market.

    Cons

    The environment can be quite political. There are some questions about the long -term viability of the company. There is sometimes a sense that management team is too involved in small operational details.


  7. Helpful (1)

    "IV Operations support"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Former Employee - Operations Analyst in Bellevue, WA
    Former Employee - Operations Analyst in Bellevue, WA
    Doesn't Recommend
    Negative Outlook
    No opinion of CEO

    Pros

    - smart people
    - great ideas
    - collaboration

    Cons

    - upper management does not communicate with team members
    - pay is mediocre, raises were non-existent
    - advancement opportunities are hard to come by

  8. Helpful (6)

    "IV is a Difficult Place to Work"

    StarStarStarStarStar
    Former Employee - Anonymous Employee in Bellevue, WA
    Former Employee - Anonymous Employee in Bellevue, WA
    Doesn't Recommend
    Disapproves of CEO

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

    Pros

    Easy access to I-90
    Free parking
    Snacks in breakrooms

    Cons

    Too much office politics
    Top down decision-making
    Executive leadership works in silos
    Toxic work environment
    Too many gray areas

    Advice to Management

    You hire brilliant people. Listen to what they have to say.


  9. Helpful (7)

    "Toxic company to work"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Former Employee - Anonymous Employee in Bellevue, WA
    Former Employee - Anonymous Employee in Bellevue, WA
    Doesn't Recommend
    Negative Outlook
    Disapproves of CEO

    Pros

    Location, Parking and Benefits. Easy access from I-90.

    Cons

    The company is a toxic environment, after many layoffs the employees left behind were under a lot of pressure, and management is lost like a needle in a stack.

    Advice to Management

    Prioritize. Don't think that mentoring means "You will do what I want you to do".


  10. Helpful (13)

    "Lacking a moral compass"

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

    I worked at Intellectual Ventures (More than 3 years)

    Pros

    very interesting business model;
    wide variety of possible technological areas;
    a possibility in the early days of great returns

    Cons

    management is composed of narcissists;
    management completely lacks a moral compass;
    management believes that it is acceptable to betray employees and take advantage of anyone;
    management does not believe in the concept of a win-win or level playing field - if they cannot take advantage of others, they won't participate

    Advice to Management

    be honest;
    find a moral compass;
    stop trying to take advantage of everyone you deal with


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