Local Corporation Reviews | Glassdoor

Local Corporation Reviews

55 reviews

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3.4
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Local Corporation CEO Fred Thiel
Fred Thiel
5 Ratings

55 Employee Reviews

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  1. "Vice President"

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

    I worked at Local Corporation full-time

    Pros

    Great team and Good People
    New CEO is innovative and forward thinking

    Cons

    Legacy business weak
    Over-reliance on Google and Yahoo

    Advice to Management

    Invest in future
    Empower the team


  2. "Account Manager"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Former Employee - Anonymous Employee
    Former Employee - Anonymous Employee
    Doesn't Recommend
    Negative Outlook

    I worked at Local Corporation full-time

    Pros

    fun work environment. Good health care benefits.

    Cons

    inconsistent strategy. Ineffective marketing for small business models. Management was incompetent.

    Advice to Management

    Find managers that can communicate effectively with staff.

  3. "Sales"

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

    Pros

    Coworkers were enthusiastic and smart. The headquarters in Irvine were nice. Decent benefits. Some of the sales management seemed strong despite underlying issues in overall company direction and management.

    Cons

    Management shifted priorities and goals on an almost weekly basis, very confusing for a sales team, and disruptive of sales pipeline. Pay & bonus structure was on the low side and could have been better. Lack of communication and transparency into larger strategy and company direction.

    Advice to Management

    Listen to your employees feedback more. Create more opportunities for grwoth and development. Consider the impact to the sales cycle with constantly shifting goals.


  4. "Local Corp"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Former Employee - Anonymous Employee in Pasadena, CA
    Former Employee - Anonymous Employee in Pasadena, CA
    Doesn't Recommend
    Negative Outlook

    I worked at Local Corporation full-time (More than 10 years)

    Pros

    the company is in bankruptcy now and maybe the new owners can save it and turn it around.

    Cons

    This company deserves to be in BK. Management has been terrible.

    Advice to Management

    Management drove it into the ground


  5. "Great team fairly unstable"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Former Employee - Data Quality Engineer in Irvine, CA
    Former Employee - Data Quality Engineer in Irvine, CA
    Doesn't Recommend
    Neutral Outlook
    No opinion of CEO

    I worked at Local Corporation full-time (Less than a year)

    Pros

    There are great people to work with here and learn from. Great work life balance. Loving the tech i get to work on.

    Cons

    The cubes are pretty ugly. The company has been struggling for a little while now, and the future is uncertain.

    Advice to Management

    Listen to your engineers and get out of the failing business model. Focus on a product that creates value for the users not just a dollar.


  6. Helpful (2)

    "Too Late for a Great Little Company"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Former Employee - Engineer (Not Specified) in Irvine, CA
    Former Employee - Engineer (Not Specified) in Irvine, CA
    Doesn't Recommend
    Negative Outlook
    No opinion of CEO

    I worked at Local Corporation full-time

    Pros

    Local had a unique and very positive company culture:
    smart, talented, friendly people
    great work-life balance
    it supported it employees who were going through difficult times

    These things were reflected in the unique phenomenon of frequent re-hires, it was a common event for people to leave the company for other opportunities, but return later.

    For awhile it had hit upon a very profitable business model.

    For the last couple of years it was pursuing exciting new business lines and technologies.

    Cons

    Ad arbitrage, its cash cow for years, was its downfall. As often happens, it let its one big success dominate the company for too long, leading to failure. This was always a vulnerable business model, and when things finally turned against it in a big way, it was caught unprepared.

    It did attempt diversification while flush with cash, but the decisions made by the C-suite were stunningly bad. The company tried to grow by acquisitions, rather than relying on their superior technical staff to develop and diversify its offerings. And all of the acquisitions were stunningly bad decisions, done without due diligence (e.g. the technology of an acquisition was never evaluated), and then mismanaged: wasting money, resources and more importantly time.

    The company was always plagued with top-heavy management, too many layers of executives, and particularly harmful for an adtech company - only in the last two years did it get a technology executive who was competent. All of the previous VPs, Senior VPS, and Executive Directors of technology were incompetent and demoralizing for the engineering team (but as public SEC filings show, made huge salaries) and accomplished nothing (or made things worse).

    The engineering team was systematically neglected for most of the company's existence - talents wasted and not rewarded. It is remarkable that the company was able to keep so many excellent engineers so long.

    But now its most talented people have left, at every level and function.

    It is going bankrupt, and it is too late to turn around. My overall rating has to reflect this fact.

    Advice to Management

    The new management is not the old management, but it is too late to offer any advice but to sell it off and shut off the lights.


  7. "It could have been a great thing"

    StarStarStarStarStar
    Former Employee - Anonymous Employee in Irvine, CA
    Former Employee - Anonymous Employee in Irvine, CA
    Doesn't Recommend
    Negative Outlook
    Disapproves of CEO

    I worked at Local Corporation full-time (More than 5 years)

    Pros

    Great group of motivated employees.
    For a while the company made an effort to provide free lunches three times a week.

    Cons

    Bad decisions from Upper Management drove the company to bankruptcy.

    Advice to Management

    Be wiser assessing new acquisitions and profitable products.

  8. "Downward Spiral Continues"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Former Employee - Senior Level Business Leader in Irvine, CA
    Former Employee - Senior Level Business Leader in Irvine, CA
    Doesn't Recommend
    Negative Outlook
    Disapproves of CEO

    I worked at Local Corporation full-time (More than 5 years)

    Pros

    -Good if you want a quick stop before finding your real career
    -Friendly folks and somewhat collaborative group, in some areas
    -Faced with obstacles in the past but was able to overcome through a group of talented people

    Cons

    -Dysfunctional and unable to create a sustainable business model
    -CEO has no operational success to show or understanding of what it takes to turn a company around. Completely out to lunch, working on other projects
    -Bad management at all levels. Much of the real talent left some time ago, or is out the door soon.

    Advice to Management

    Sell it off quickly. Get out of the company. Never attempt to run a business again.


  9. "Dynamic environment"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Former Employee - Anonymous Employee
    Former Employee - Anonymous Employee
    Recommends
    Neutral Outlook
    No opinion of CEO

    Pros

    Very intelligent and friendly people. No random people work there, everyone weight on their place and is super capable. I learned a lot from the people I worked with.

    Cons

    I felt I had very little control on general business decisions or power to make improvments.


  10. "Nothing but Politics"

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

    Pros

    Smart and friendly people work here.

    Cons

    This company runs on internal politics. Revenues have continued to decrease over the last 2 years with little direction on their next move. Quarterly lay-offs are standard. Stock price and morale is at an all time low.


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