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Nova Founders

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Nova Founders Reviews

Updated Oct 21, 2021

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Found 53 of over 67 reviews

3.5
60%
Recommend to a Friend
64%
Approve of CEO
Nova Founders Founding Partner Mads Faurholt-Jorgensen
Mads Faurholt-Jorgensen
28 Ratings
Pros
  • "I worked for one of Nova Founders portfolio companies for just over 2 years(in 8 reviews)

  • "Challenging- great place to work(in 6 reviews)

  • Cons
  • "Really long working hours sometimes(in 10 reviews)

  • "Long hours can affect your work-life balance(in 7 reviews)

  • More Pros and Cons
    Pros & Cons are excerpts from user reviews. They are not authored by Glassdoor.

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    1. 5.0
      Former Employee, less than 1 year

      Amazing people and tons of responsibility | Low pay

      Oct 21, 2021 - Intern in London, England
      Recommend
      CEO Approval
      Business Outlook

      Pros

      Mads and Stefan (the founders) are amazing and will inspire you every day to push your boundaries, and Stefan will also make you laugh once in a while with hilarious jokes - very friendly place. The management structure is very flat which means you might also get to work with these guys depending on which startup / floor you will be placed. Everything is possible here; if you have a great idea about something they are all ears. Best idea wins no matter title or experience, and same applies to responsibility - if you show that you can swim then they will probably soon send you to the Olympic Games. You will grow tons by this, and not be given this opportunity anywhere else. It's a lot more that makes this place amazing.

      Cons

      Salary is very low. Although it's fun that the startup's growing and you get to meet amazing people, it's a clear distinction between Nova's employees and the startup-recruited people. I think the "Nova culture" may disappear by this - and for many the culture means everything at this place. Hope they keep it together.

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    2. 3.0
      Former Employee, less than 1 year

      Questionable morals though excellent exposure

      Jan 27, 2021 - Associate in London, England
      Recommend
      CEO Approval
      Business Outlook

      Pros

      Direct contact with people who have built highly successful businesses. Teaches you a lot about what hard work is, how to build things quickly. Total responsibility for everything you do - though this also translates into all of the downside if anything goes wrong.

      Cons

      Belief that the best environment that one can have in a growing business is everyone thinking the same way; therefore, if you think like everyone (by which I mean like Mads and Stefan) you will succeed and enjoy life. If you don't, you won't be allowed the freedom and responsibility to explore. Danish spoken at all times to the exclusion of non-Danish speakers (about 3 people in the office) Do your diligence and speak to people who have worked with the business before joining to really understand how they operate. Morals can be utterly bemusing, though they suddenly make sense when you realise their key moral is to look after themselves at all times.

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      2 people found this review helpful
    3. 5.0
      Current Employee, less than 1 year

      Great place

      Dec 5, 2020 - Anonymous Employee in Aarhus
      Recommend
      CEO Approval
      Business Outlook

      Pros

      Great colleagues with ambitious mindset

      Cons

      None that comes to mind

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    4. 3.0
      Former Employee, less than 1 year

      Hate it or love it

      Nov 28, 2020 - Former Employee in London, England
      Recommend
      CEO Approval
      Business Outlook

      Pros

      Extremely intelligent, talented and hardworking people in the Group. They will definitely teach you a thing or two about work ethic, structured problem-solving, hustling and working under pressure. Room for fun, playing football, jokes, etc. Dominated by Danes.

      Cons

      The management style is driven by fear and a narrow interpretation of what creates results. There is little diversity of thought and it’s hard for me to see how they will do anything besides copying former business models. It’s a male dominated culture which in my experience has created a unidimensional organisation unfit to challenge its own thinking. Roughly there are two kinds of people in the company: Young and starstruck boys who wants to be like Mads or Stefan or alpha males fighting to set direction. Nova is “military service” for aspirational business professionals and like the military you should do what is told, don’t think too independently and accept a poor salary.

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      4 people found this review helpful
    5. 1.0
      Former Employee, less than 1 year

      Danish Version of a Chinese Sweatshop

      Nov 26, 2020 - Content Manager in London, England
      Recommend
      CEO Approval
      Business Outlook

      Pros

      A genuine window into what a business run by an unashamed overt socioath might look like - very interesting

      Cons

      I just wish my friends could have seen what I saw first hand

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      10 people found this review helpful
    6. 3.0
      Former Employee, less than 1 year

      Startup bootcamp

      Sep 17, 2019 - Venture Development Manager 
      Recommend
      CEO Approval
      Business Outlook

      Pros

      Steep learning curve, a lot of responsibilities.

      Cons

      Low salary, unreal KPIs and though management.

      2 people found this review helpful
    7. 5.0
      Current Employee, less than 1 year

      Invaluable learning experience for the young and ambitious

      Feb 24, 2019 - Junior Venture Analyst in London, England
      Recommend
      CEO Approval
      Business Outlook

      Pros

      - Great responsibility from day one, even as a junior venture analyst - Exposure to all aspects of running an internet start-up - Super inspiring colleagues

      Cons

      Nova Founders isn't the place for you if you crack under pressure or can't work 10 hours straight

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      2 people found this review helpful
    8. 5.0
      Current Employee, less than 1 year

      Working at Nova Founders is like every day playing with the all-star team of Management Consulting and Banking

      Nov 26, 2018 - Junior Venture Analyst in London, England
      Recommend
      CEO Approval
      Business Outlook

      Pros

      Nova Founders Capital may very well be the best accelerator for any young talent who manage to get employed. Everyone gets the opportunity to do projects that in other companies would only come to more senior employees. With a senior staff of employees arriving at Nova from McKinsey, Goldman Sachs, Morgan Stanley and UBS, everyone in the room is able to learn a lot from just observing how these people work as they are more than willing to teach you their methods. The company has a fantastic culture of employees taking ownership of each of their projects as well as the company in itself. After having a successful time at Nova at a young age, your CV and reference list will equal that of no other.

      Cons

      Coming to Nova as a junior you have to be aware that Nova is both a full-time education and a full-time workplace. Therefore, when being employed by Nova, you have to be ready to work hard and long hours to achieve that invaluable learning experience you get from learning from these projects and senior employees at an early age. Some former employees have quickly realised that long hours at Nova does not equal what it does in Denmark, and that is to be respected.

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      2 people found this review helpful
    9. 4.0
      Current Employee, less than 1 year

      Align your expectations before you join this team of young and inspiring entrepreneurs

      Oct 16, 2018 - Venture Analyst in London, England
      Recommend
      CEO Approval
      Business Outlook

      Pros

      Nova Founders is probably one of the best places in terms of learning and developing useful skill sets. The office is full of highly talented - and young - people, who want to learn just as much as you do. You get very little help with your tasks and assignments as the seniors want you to develop your own sense of urgency and also reasoning. Often, you have to be proactive to deal with the “fun tasks”. To me, that has been filled with a lot of learning. You do not have spare time to go home an watch television as the seniors expect you to want to keep on learning and adding as much value to the company as possible. To me, this was quite difficult to deal with, yet, I am truly convinced that you expect to work long hours as this is the culture. They were very good at explaining this on beforehand so I did not really get surprised. You are treated as an adult and you get a fair wage for your work. I also just want to add on a side note that the wage should not be the reason as to why you would choose Nova Founders. The reason for me was to learn and develop myself.

      Cons

      There is no filter in Nova Founders (which can be good or bad for different types of people). Another thing which is quite different to other organizations is that there is no leaders between you as a junior and the seniors. This way, you are told the truth and you sometime face a more harsh and direct tone than what you would have met with a “middle-leader”. I have seen people handle the job very well by being open and willing to do mistakes who are taking the feedback in a positive manner and who work with it. Also, I have seen people who did not like the tone and quit after the first feedback sessions. You are told when you should have done better as they expect the same of you as they do of the seniors. (it’s up for discussion whether this is good or bad)

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      4 people found this review helpful
    10. 5.0
      Former Employee, more than 1 year

      A career opportunity for the young and ambitious

      Sep 2, 2017 - Junior Analyst in Hong Kong
      Recommend
      CEO Approval
      Business Outlook

      Pros

      A team of exceedingly smart and driven people with serious experience under the belt. As a junior employee, I received a great deal of mentorship during my tenure, which has helped me in my further career in no simple terms. The management is very eager to let one work in many different areas and try out new tasks. You are supported whenever you are willing to take that extra step in learning more. This is a company which offers a unique setting for the young professional who is hungry to work and learn among the best Top management know what they are doing both on a strategic and operational level. I have not encountered a workplace where the management takes as much time to invest in personal development and spend time to make sure that everybody feel ownership of the company vision The company has a very ambitious culture where good performance is appreciated and recognized, as well as a refreshingly informal tone. Without exclusion, there is a sense of working for something bigger among people

      Cons

      You are expected to perform at maximum capacity - at all times. Potentially a concern for those who come from 8-4 jobs in big corporates, or who have many family obligations, but a real opportunity for those who are willing to dedicate themselves beyond the norm

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      2 people found this review helpful
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