Rentbits.com Reviews | Glassdoor

Rentbits.com Reviews

8 reviews

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2.7
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Dan Daugherty
2 Ratings

Employee Reviews

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  1. "Innovative, Agile and Fun"

    Star Star Star Star Star
    • 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 Rentbits.com full-time

    Pros

    The people by far. Ideas are listened to and everyone is a part of the team. The new website incorporated all team members, not just management. There is ample opportunity to learn new things and take on various projects which keeps things fresh.

    Cons

    This is still a small company so resources can be a challenge but everyone is very clear about keeping a start up mentality, so that is to be expected.

    Advice to Management

    I've shared my thoughts and feedback with management privately but it has centered around this being a great place to work. They care about my professional development and have taken interest in me and the rest of the team from a personal perspective. I feel respected here as I continue to grow.


  2. "Business Development"

    Star Star Star Star Star
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Former Employee - Sales Development in Denver, CO
    Former Employee - Sales Development in Denver, CO
    Negative Outlook

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

    Pros

    What looked like an Interesting product for a tired industry. Good team of founders with some miles under their belt

    Cons

    Very little direction. The product was a mess. Support was even messier. Serial entrepreneurs who routinely moved on to the next shiny object when failure was looking. Launched Remotely when rentbits was floundering, launched Dashlocal when no one signed on for Remotely. It very depressing to be a part of a team that doesn't believe in the long game. There was no desire to iterate or improve upon what was actually working.

    As sales, it was "turn and burn". Make those calls and make them long. I saw no "development" in the business development department. a few weeks after I started half of the sales team was fired. They spun it as a good thing since the remaining team members would split the territories. But, people still couldn't perform. There was no product behind what they were selling. Just placement of ads on rental sites. They were a glorified publisher.

    Advice to Management

    Run with what you know. Serve ads to the greater ad space. Or, spend time working with your potential customers to figure out what they actually need and what will solve the pain for them.


  3. "Growing Market and Positive Environment with Huge Growth Potential"

    Star Star Star Star Star
    • 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 Rentbits.com full-time (More than a year)

    Pros

    - Over 7 years in business
    - Profitable and stable
    - Headquartered in the heart of Denver innovation at Galvanize Building
    - Positive Environment
    - Friday Happy Hours
    - Free Massages

    Cons

    - Smaller company environment makes is difficult to have a clear path of personal career growth. Although, being in a small company also means there is a lot of opportunity to do a variety of things.

    - Company not recommended for those who want to be in a larger company, are not entrepreneurial and needs direction on a daily basis.


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  5. "Poor leadership, high stress, low pay, and few benefits"

    Star Star Star Star Star
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Former Employee - Sales in Englewood, CO
    Former Employee - Sales in Englewood, CO
    Doesn't Recommend
    Neutral Outlook

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

    Pros

    Personally, I learned quite a bit about internet marketing from the company. I've taken that knowledge and moved up in my career. I feel my time at Rentbits was worth all the hassle. Chair massages and snacks were nice. I really enjoyed my peers at this organization.

    Cons

    Low pay, micromanagement, and many unintelligent demands were a part of the culture. Mean spirited leaders too.

    Advice to Management

    I often felt like leadership members were dishonest in their business practices and that there was a low level of integrity among senior leaders. They are not interested in really knowing and mentoring their people. Leadership is very egocentric. They point fingers and I often heard them make fun of others. They don't say what they do and do what they say. There's a clear disconnect. Hopefully this will improve over time as their leadership is young. My advice would be to put your pride to the side and check your ego at the door. Just be human and understand that your teams will respect you more if show them this side.


  6. "Instability"

    Star Star Star Star Star
    • Work/Life Balance
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Former Employee - Anonymous Employee in Denver, CO
    Former Employee - Anonymous Employee in Denver, CO
    Doesn't Recommend

    Pros

    - some good people
    - pretty light atmosphere
    - perks
       - snacks
       - massages
       - occasional happy hours
    - varied responsibilities

    Cons

    - weak processes
    - micromanagement
    - high turnover
    - instability
       - in staff
       - in direction / initiatives
    - low loyalty to staff
    - disconnection between levels of staff

    Advice to Management

    Communication and understanding of daily duties and responsibilities between levels of staff was almost non-existent. Highest levels of management expected everything out of the "lowest" rung and the highest dedication while seeming aloof and often times completely absent from the office. Was a frustrating atmosphere by the end. It could have turned around since my departure. I have not had much communication with the company since, although I know most of my former co-workers are still there.


  7. "Great place to work."

    Star Star Star Star Star
    • Work/Life Balance
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Employee - Anonymous Employee in Englewood, CO
    Current Employee - Anonymous Employee in Englewood, CO
    Recommends

    Pros

    rentbits has a very strong culture. They believe and live their core values every day. Some for the great things they offer are:

    - Massages
    - Ping Pong
    - snacks
    - stock options
    - Happy Hours
    - TGIF
    - Great team members

    Cons

    - Would like to see 100% of the healthcare paid for
    - Keep the free snacks stocked
    - Doesn't offer full 1 hour massages but would be nice

    Advice to Management

    I started working for rentbits.com when it was Rent Marketer. There were no stock options offered at all when I started but management decided to offer them to every single employee. New and existing. This is something no other company I have worked for ever offered. For that I am grateful. Being in a fast growing start-up means you cannot be afraid of change or growth. rentbits offers both. Their culture is unique to the Denver area with a lot of benefits including free massages every two weeks, ping pong, foosball, wii, spur of the moment happy hours, revenue transparency meetings, etc. Advice to management would be to continue to grow at a fast pace while keeping the culture in place. Sometimes the free snacks (which we all appreciate) need to be stocked more often. However, we as employees need to let everyone know what they want and when it is low.


  8. Helpful (2)

    "Rentbits Warning"

    Star Star Star Star Star
    • Work/Life Balance
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Former Employee - Anonymous Employee in Englewood, CO
    Former Employee - Anonymous Employee in Englewood, CO
    Doesn't Recommend

    Pros

    Laid back
    Good employees
    Ping Pong table

    Cons

    Low pay
    Weak benefits
    Illusion of stock options
    Illusion of job security
    Poor management
    Free snacks are not kept stocked

    Advice to Management

    My advice to all looking for employment at rentbits is to be careful. rentbits talked me into taking less pay than the market offered because of a strong office culture and stock options at a quickly growing online company. The reality was I never got my papers for stock options and was amazed with the lack of communication between members of management. rentbits uses office culture as a way to encourage retention without having to pay for it but offer no loyalty to their employees. I and three others were unexpectedly let go without warning or explanation. YOU HAVE BEEN WARNED!


  9. "Not what you expect"

    Star Star Star Star Star
    • Work/Life Balance
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Employee - Anonymous Employee
    Current Employee - Anonymous Employee
    Doesn't Recommend

    Pros

    -Smart overall business concept, low overhead costs which are theoretically good as a stock holder.
    -Management is flexible at times to make clients happy.

    Cons

    -Very low pay by comparison to similar companies.
    -Shortsighted management decisions that are detrimental to company growth.
    -Micromanagement.
    -Passive aggressive management. Employees are considered replaceable.

    Advice to Management

    To prospective employee - you will not make as much money as you think at Rentbits, and the company culture is not positive anymore as they make it seem. If you need a job, go for it, but it is a prematurely tired company that is uninspiring to work at. Might be a great place for someone right out of school.