Prosper.com Reviews | Glassdoor

Prosper.com Reviews

Updated January 8, 2019
171 reviews

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3.8
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Prosper.com Chief Executive Officer David Kimball
David Kimball
37 Ratings

Employee Reviews

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Pros
Cons
  • "Growing pains of managing to budgets, cyclical nature of financial markets can be stressful to newcomers" (in 5 reviews)

  • "We need to continue to clean out tech debt" (in 5 reviews)

More Pros and Cons

  1. Helpful (1)

    "Awesome Company to Work at!"

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

    I worked at Prosper.com part-time (Less than a year)

    Pros

    - Great Work Environment
    - Fast Paced
    - Frequent Townhalls to showcase progress of the company and keep employees updated
    - Company headed towards the right direction with HELOC

    Cons

    I did not find any cons while working here

    Advice to Management

    None


  2. "Complete package"

    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 (More than a year)

    Pros

    You are given the opportunity to do your best work here. The culture is positive, and people are genuinely happy to be here. The team lives the values. Management actively seeks feedback and acts on much of the feedback. We are a scale player in personal loans and are launching new products.

    Cons

    We need to continue to clean out tech debt. The company has been around for over 10 years, and a lot of the original design was less flexible than is required now.

    Advice to Management

    Keep bringing in great talent!

  3. "Great Entry Level Positions to Gain Experience in Tech/Finance"

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

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

    Pros

    -The Team Members and Coworkers are a pleasure to work with.
    -The benefits offered are very competitive; great learning environment.

    Cons

    -Internal processes and procedures constantly being updated can be difficult to traverse for new employees and difficult to maintain for current employees.
    -See the base salary information listed on Glassdoor for comparable titles in the industry.

    Advice to Management

    You guys are doing great, any shortcomings are not the responsibility of management.


  4. "Loan Verification"

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

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

    Pros

    Benefits, time off, culture, leadership

    Cons

    Sometimes there is a lack of Upward mobility, work can be repetitive, recognition inconsistent


  5. Helpful (2)

    "SRE"

    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

    I worked at Prosper.com full-time

    Pros

    * Flexible work-from-home
    * Some projects are interesting to work on
    * Amazing people, genuinely good-hearted and well-intentioned people at all levels
    * Good culture around openness, embracing different cultures and ideas. Prosper does put the people who work there first.
    * Salaries are adequate, not great but not bad.

    Cons

    * Too much of a help-desk mentality from Engineers
    * Silos are prevalent at Prosper. To get work done you must cross many silos, which results in slow down and frustration
    * Culture does not encourage working or helping on projects that are not directly associated with making your manager look good
    * Help Desk Mentality for DevOps
    * If people are first at Prosper, the ability to get work done is last.
    * For a company this size, there are way too many layers of management.

    Advice to Management

    Reduce the amount of managers, take the focus off OKRs, empower employees to get work done by creating teams to get work done instead of forcing work to fit existing teams


  6. Helpful (2)

    "Work review"

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

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

    Pros

    Flexible work schedule, some education classes offered, stress free work environment

    Cons

    More opportunity for additional bonuses


  7. Helpful (3)

    "Most frustrating experience"

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

    I worked at Prosper.com full-time

    Pros

    It was great helping the company start and I guess giving us alcohol and food after meetings somewhat made it up to us.

    Cons

    Favoritism was constant and still is from what my former colleagues that are still there tell me.

  8. Helpful (1)

    "Director"

    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

    Company is learning to mature, and there's lots of energy and collaboration to do the right things. Did make many bad decisions in the past, but does make fat corrections and learns from the past. Current management is very supportive on employee empowerment, and transparency. Business model has proven itself over the years, and looking to scale going forward. Good modern technology stack to learn and mature from.

    Cons

    There are still growing pains as the business and culture is still evolving and maturing. There's always lots of work, and getting one's head around them could be challenging at the times.


  9. Helpful (2)

    "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


  10. Helpful (1)

    "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