Prosper.com Reviews | Glassdoor

Prosper.com Reviews

Updated July 15, 2018
165 reviews

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3.6
StarStarStarStarStar
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Approve of CEO
Prosper.com Chief Executive Officer David Kimball
David Kimball
29 Ratings

165 Employee Reviews

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Pros
  • "Company benefits are good as well" (in 9 reviews)

  • "Lots of positivity and great people to work with" (in 12 reviews)

Cons
More Pros and Cons

  1. "Renewed, focused momentum"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Employee - Anonymous Employee in San Francisco, CA
    Current Employee - Anonymous Employee in San Francisco, CA
    Recommends
    Neutral Outlook
    No opinion of CEO

    I have been working at Prosper.com full-time (More than a year)

    Pros

    Established and profitable
    Good people
    Good work/life balance
    Great benefits

    Cons

    Sometimes a lack of urgency

    Advice to Management

    Keep trimming fat and rewarding top performers


  2. "OB Sales"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Employee - Ob Sales in Phoenix, AZ
    Current Employee - Ob Sales in Phoenix, AZ
    Recommends
    Positive Outlook
    Approves of CEO

    I have been working at Prosper.com (Less than a year)

    Pros

    Free snacks and beverages and bagels every Friday also company outings every quarter. Great atmosphere and the people are truly genuine.

    Cons

    The building is very cold a/c is set low

    Advice to Management

    Keep up the good work and keep promoting within

  3. Helpful (1)

    "Growth opportunities"

    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 Prosper.com full-time

    Pros

    Strong leadership, opportunities for growth, and start up culture

    Cons

    Resource constraints, highly competitive space, and high turnover

    Advice to Management

    Keep developing new products


  4. Helpful (2)

    "Turning around"

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

    I have been working at Prosper.com full-time (More than a year)

    Pros

    Morale and general communication with employees have improved A LOT
    CEO, CRO, and CFO are talented people who work well together and share a compelling vision.
    A lot of nice people and a pretty good atmosphere

    Cons

    The product and engineering teams get a lot of glories and there are few accolades for anyone not on those teams
    The turnover is still pretty high
    Job growth is next to impossible, leaving seems the only way to get a raise or move up

    Advice to Management

    Focus on retention
    Stop playing favorites, it is feeling like a clique of mutual admirers
    Keep working on viable new products


  5. Helpful (5)

    "broken culture + inept exec team"

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

    I worked at Prosper.com full-time (More than a year)

    Pros

    Office location is pretty great. Office itself is open with lots of spaces to do work away from your desk.

    Cons

    This company is not worth the effort. The CEO does not understand technology or the industry and has steadily moved Prosper away from innovation in order to lean on more traditional financial services practices. He tries to sell himself as a deprecating everyman hero while surrounding himself with ex-bankers and second rate product and technology leaders who act as his enforcers. Meanwhile these executive "leaders" clearly can't stand each other. People and career management is a joke. Prosper was moving decidedly toward a more technology driven future -- not so much anymore. Do yourself a favor and look elsewhere.

    Advice to Management

    The board should clean the slate and replace all leadership with a management team that cares about being a mission-driven organization again and a leadership team that actually cares about the employees that work for them.


  6. Helpful (6)

    "A great team to be a part of"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Employee - Anonymous Employee in San Francisco, CA
    Current Employee - Anonymous Employee in San Francisco, CA
    Recommends
    Positive Outlook
    Approves of CEO

    I have been working at Prosper.com full-time (More than 3 years)

    Pros

    Like many companies, we have gone through our share "ups" and "downs", as have most our peers within this industry. What makes Prosper different however is not just the product we deliver but the team that is working together to accomplish some really great things! This team rallied together to create really positive movement in 2017 which continues to carry into 2018 with no reason to believe that changes as we look ahead.

    Cons

    No organization is without opportunity and Prosper is no different. I do not believe any of the normal course of business opportunities standout above the positives.


  7. Helpful (2)

    "Data Analyst"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Former Employee - Anonymous Employee
    Former Employee - Anonymous Employee

    I worked at Prosper.com full-time

    Pros

    Good perks and good Opportunities.

    Cons

    Bad strategy and bad business

  8. Helpful (2)

    "Cool place to work"

    StarStarStarStarStar
    Current Employee - Anonymous Employee
    Current Employee - Anonymous Employee
    Recommends
    Positive Outlook
    Approves of CEO

    I have been working at Prosper.com full-time (Less than a year)

    Pros

    -Good benefits
    -Friendly people and work environment
    -Investment in employees

    Cons

    -Internal technology/tools have a lot of opportunity for improvement

    Advice to Management

    -Please continue to invest in developing your employees
    -More investment in internal tools would allow everyone to move faster


  9. Helpful (1)

    "Great place to work"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Employee - Anonymous Employee in San Francisco, CA
    Current Employee - Anonymous Employee in San Francisco, CA
    Recommends
    Positive Outlook
    Approves of CEO

    I have been working at Prosper.com full-time (Less than a year)

    Pros

    Great place to work... an established FinTech startup with a great work culture, and funky downtown San Francisco head office location. (stand up desks, solid kitchen and facilities).

    Cons

    No real cons - this is a great company and industry.


  10. Helpful (13)

    "Fin Tech, Without The Tech. SF-PHX Disconnect"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Employee - An Employee Who Used to Bleed Company Colors You Dried Me Up in Phoenix, AZ
    Current Employee - An Employee Who Used to Bleed Company Colors You Dried Me Up in Phoenix, AZ
    Doesn't Recommend
    Neutral Outlook
    Disapproves of CEO

    I have been working at Prosper.com full-time (More than 3 years)

    Pros

    Great 401K package
    Stocked kitchen
    People are awesome here

    Cons

    SF-PHX office Communication deplorable
    Tech Sucks (& we are a Financial Technology company),
    Execs have no idea about the work us worker drones do (sounds familiar)
    Decisions as slow as snails

    Advice to Management

    You say we can make decisions quickly because of our size, yet we take as long as Wells Fargo to make pivots.

    The upper mucka-mucks and management are quite clueless to day-to-day operations, which how can you advocate for proper changes and improvements when you do not know what we do.

    Have not agreed with most decisions made (such as sucking the equity out of us to "consortiums" and random Chinese Investors)

    Get a new servicing system, learn the day-to-day operations, then maybe we can remove that start-up moniker almost 15 years running.

    Oh, Upgrade is going to take everyone if you dont UPGRADE the pay.


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