MicroVentures Reviews | Glassdoor

MicroVentures Reviews

Updated July 30, 2018
16 reviews

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2.9
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Bill Clark
14 Ratings

16 Employee Reviews

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  1. Helpful (2)

    "Fun new office"

    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 MicroVentures full-time

    Pros

    - Moved into a new office in the Domain and the location is great
    - Open space
    - Nice commute
    - Growth is steady and hiring is picking up
    - Co-workers are fun
    - Stocked kitchen, lunch on wed.

    Cons

    - some growing pains in the new office
    - onboarding process could be more structured
    - communication could be more frequent

    Advice to Management

    Keep working on the culture. improvements are noticeable and welcomed


  2. Helpful (2)

    "Confusion, Stress, Boredom, and Harassment"

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

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

    Pros

    -Location: MicroVentures has a gorgeous new office in the Domain, close to shops and food, with floor-to-ceiling windows and an open office floorplan.

    -Office perks: Employees have free snacks and beverages (including beer, though that is limited). Lunch is catered once a week.

    Cons

    -Leadership: Management holds all the power, making decisions without collaborating or informing employees. After employees are told what to do, management expects immediate acceptance and execution, with no questions asked. If employees don't follow orders or complete tasks incorrectly due to lack of information, management will punish them by chewing them out, threatening their job, or publicly humiliating them. Somehow, management seems to require employees to both be "proactive" without "overstepping boundaries"...without knowing what those boundaries are. Similarly, management has difficulty getting things done on a day-to-day basis but will not giving up ownership or consider delegating tasks to others - tasks just get stuck in limbo for days or weeks.

    -Lack of professional growth: There is little to no training for new employees. Therefore, new employees are either bored or overwhelmed. On the other hand, skilled/tenured employees cannot contribute new ideas due to leadership's restrictive management style, so their talents are left unused.

    -Micromanagement: To the extreme. Employees are watched constantly - when they arrive in the morning, when they leave for lunch or any other breaks, how much time their "wasting" throughout the day...and if you make mistakes, your every move is watched to make sure you don't make even a simple mistake in the future.

    -Office culture: Stereotypical "bro" culture that goes completely against the "Me Too" movement. Sexist and discriminatory language is frequently heard in the office. Some employees seem to have more "perks" than others (e.g. frequent work-from-home days no one else is entitled to). Management is happy to purchase expensive gadgets for the office but runs into difficulty supplying employees with the software needed to do their jobs. Many employees are expected to receive their financial licenses, and MicroVentures will purchase the study materials but there is no support offered prior to the test. Employees are often forced to work very long hours without overtime - NO work-life balance. And management frequently tries to remove holidays from the calendar ever year to get more work out of employees.

    -Turnover: There is a huge employee turnover problem, to the point where there is an entirely new staff every two years. Therefore, no long-term initiatives can really be implemented or even developed b/c there is such a drastic change month to month.

    Advice to Management

    Overall, there seems to be a severe disconnect between management and employees. Gaslighting and censorship is common, as is nepotism and inequitable treatment across the board.

    This could be a great company. There aren't many companies that do what MicroVentures does. When you wonder why so many employees leave each month, consider that maybe it's not them. It's YOU.

    Care about your employees. Get them aligned behind your vision not by force but by the strength of YOUR commitment. Care about investors. Make processes user-friendly and, when you see a problem occurring over and over again, address it and make sure it doesn't happen in the future.

  3. Helpful (1)

    "rewarding experience"

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

    I worked at MicroVentures full-time

    Pros

    I enjoyed working with smart, fun and hard working people.
    good position in the market.

    Cons

    Need more resources to grow faster.

    Advice to Management

    increase the staff so employees are not overworked


  4. Helpful (4)

    "Like an abusive relationship"

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

    I worked at MicroVentures full-time

    Pros

    Interesting area of crowdfunding
    Stocked kitchen

    Cons

    Working at MicroVentures is like an abusive relationships with a lot of highs and lows. It's really great or really awful and the highs occur just enough times to make you think the lows won't occur again. But, then they do.

    CEO and COO lack management experience. Worse, they lack the desire and importance of great management and getting better. Management lacks self awareness, has inflated egos, and are poor communicators. They genuinely are self serving and do not care for the wellness, development and growth of their employees.

    Advice to Management

    Curb the egos and toxicity


  5. "Intern"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Former Employee - Intern in Austin, TX
    Former Employee - Intern in Austin, TX
    Approves of CEO

    Pros

    -Laid back
    -Great way to learn about different industries

    Cons

    -Repetitive work, slightly boring
    -No structured intern program
    -Some people aren't very friendly

    Advice to Management

    Establish a solid intern program


  6. Helpful (3)

    "Horrible company"

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

    Pros

    None. Truly none. It is a sham and should be banned from business. If I could think of a pro I would put it in here. But there aren't any.

    Cons

    Founder is inexperienced and fallacious. No sense of team. Awful place to work. Steer clear on every level. Nothing good happens here.


  7. Helpful (1)

    "Startup"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Employee - Investor Relations Associate in Austin, TX
    Current Employee - Investor Relations Associate in Austin, TX
    Recommends
    Positive Outlook
    Approves of CEO

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

    Pros

    Environment - Cool people working toward the same goal to get things done.

    Freedom - Self-accountability for success. There is a rumor of work from home policy coming soon!

    Responsibility - Ability to create your own processes because lots of it is brand new.

    Learning Curve - Learn on the fly with opportunities for growth.

    Cons

    Lack of Structure - Teams are often inexperienced and lack of communication can cause conflict.

    Instability - Growth paths for employees and forecasting for the business are unclear from the start.

    Compensation - Company is trying to stay lean but most employees have equity for growth incentive.

    Advice to Management

    Via Investopedia, "A startup is a young company that is just beginning to develop. Startups are usually small and initially financed and operated by a handful of founders or one individual. These companies offer a product or service that is not currently being offered elsewhere in the market, or that the founders believe is being offered in an inferior manner."

    This describes us very well. MicroVentures was one of the first Equity Crowdfunding platforms on the market. The founder/CEO started this thing from scratch and works his best to make it work. We've seen lots of growth and lots of hurdles without a handbook to reference for guidance.

    Bill has made great efforts recently to balance company growth with employee satisfaction. Training and positive feedback are underdeveloped in any startup, but this provides an opportunity for a self-starter to learn as much as possible! Chipotle is catered every Wednesday, there is a stocked break room with beer and snacks, and the dress code is relaxed.

    At the end of the day, we are a small business striving to become big business. This comes with culture tradeoffs but growth opportunity is available. The company culture is relationship based from investors to employees. If you ever have questions, a point of contact is never too far away!

  8. Helpful (2)

    "Came for the opportunity, met great people"

    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 MicroVentures full-time

    Pros

    Coworkers are smart, fun people with interesting business backgrounds

    Part of a team that wants to help other companies

    You'll always be learning at your job

    Part of an evolving industry and on the front line

    Cons

    Can still be very 'startup-y' in terms of the organizational structure

    Sometimes unclear roles/hierarchies/career paths

    More can be done around culture

    Advice to Management

    Keep investing in fun things for the company to do together and empower those individuals that take it upon themselves to contribute positively to company culture


  9. Helpful (2)

    "Bright Future"

    StarStarStarStarStar
    Former Employee - Anonymous Employee in Austin, TX
    Former Employee - Anonymous Employee in Austin, TX

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

    Pros

    You get to work for a startup and learn the true ups and downs a business goes through and you are given freedom to make the most out of your opportunity at Microventures. If you are proactive you will do well. I enjoyed my time at Microventures and am grateful for the opportunity. Perks such as stocked kitchen/fridge & quarterly events are also great.

    Cons

    Sometimes employees felt as if they were not being heard and took it personally. In the startup world management is forced to wear many hats and it is easy to get caught up in daily responsibilities. When I left I noticed that management was working very hard to fix some of the issues brought to their attention and were hiring proper talent to improve. Ultimately, I believe MV is headed down the right path.

    Advice to Management

    Continue to focus/invest in your employees, they are your greatest asset and a good team will make the business scale. Good luck!


  10. "Challenging job"

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

    I worked at MicroVentures full-time

    Pros

    The company is growing and the group I worked with seemed to like their jobs. I liked the people that I worked with. The projects that I was given were challenging and I learned new skills. My work impacted the business and helped it grow.

    Cons

    benefits are not as good as a larger company. growing pains around adding more people to the team. initial training was not defined.

    Advice to Management

    focus on strategy as the company grows


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