Velti Reviews | Glassdoor

Velti Reviews

Updated October 30, 2017
117 reviews

Filter

Filter

Full-timePart-time

117 Employee Reviews

Sort: PopularRatingDate

Pros
Cons
  • Bad management and no long term objectives (in 5 reviews)

  • Can be disorganised at times, long hours (in 5 reviews)

More Pros and Cons

  1. Helpful (1)

    "ok to stay for a while"

    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
    Recommends
    Neutral Outlook
    Disapproves of CEO

    I worked at Velti full-time

    Pros

    You will meet a lot of great people

    Cons

    Management sucks. They don't communicate much to the team.


  2. Helpful (3)

    "A company that does not know its course."

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

    I worked at Velti full-time (More than 3 years)

    Pros

    A wide array of products in the mobile space. Worldwide projects.

    Cons

    Very poor data. Every project is a soap opera. Constant over promise and under delivery.

    Advice to Management

    Pick a course of action and stick to it.

  3. Helpful (4)

    "Poor. Lack of clear strategic view."

    StarStarStarStarStar
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Employee - Anonymous Employee in San Francisco, CA
    Current Employee - Anonymous Employee in San Francisco, CA

    I have been working at Velti full-time (More than 3 years)

    Pros

    Hot industry. Great new offices in SF and New York.

    Cons

    Lack of clear vision of where they need to be in the industry. No real Val prop or differentiator. I've been there a year and still have not seen the mgage product. No consistent pricing strategy. Everyone is nervous about their jobs after a round of layoffs last week. Wall St is not looking favorably on Velti as they blew through a significant amount of their cash reserves in 6 mo's resulting in their stock falling about 50%. Too high a concentration of rev's coming from overseas on mobile practices that would not be approved by carriers or MMA here in the US. Two business units that effectively compete against each other in the US.

    Advice to Management

    Stop trying to put new lipstick on the same pig. Performance pricing will not work and is risky as it is too easy for a competitor to price at cost plus and not value, which is what performance is.


  4. Helpful (1)

    "Unlimited Potential"

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

    Pros

    The Product and the People make Velti special. This company has the potential to be a major player not only in mobile but also in other technologies.

    Cons

    communication. more team building and training

    Advice to Management

    open up more to the workforce, give them a snapshot of Veltis future, again communication


  5. Helpful (3)

    "Could be better, look elsewhere"

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

    Pros

    Location, location, location--close to BART in Financial District. Rapidly growing, up and coming industry. Talented individuals in the lower levels.

    Cons

    Lack of set company culture. Internal communication needs improvement--employees don't know what is going on. Lack of job security--there have been several mass layoffs this year, never know if your job is going to get cut. Seems the bottom line is valued more than employees' well-being. Compared to Silicon Valley companies in the same industry, perks are poor, way below par for some.

    Advice to Management

    Dissatisfied employees isn't going to help your company grow. Employees need to know what is going on and the direction of the company.


  6. Helpful (2)

    "Exciting ride, typical tech company growing pains"

    StarStarStarStarStar
    • Work/Life Balance
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Employee - Director in New York, NY
    Current Employee - Director in New York, NY
    Recommends
    Approves of CEO

    Pros

    Fast growing company in exciting space
    Customers acknowledge Velti as the best in the business--respect and trust
    Lots of smart people who seem to genuinely like each other and try very hard
    Despite some of the surprisingly negative comments on glassdoor, our office at least is pretty free of politics
    Good opportunities for advancement
    Very low turnover rate from acquisitions. Two in past year and it seems almost everybody has stayed
    Unlike other small mobile companies, this one seems on track to outgrow any short term issues and become a big player

    Cons

    Typical pressures of company on fast growth trajectory: never enough time, people, etc.
    Management systems are still being developed. People who struggle with unbounded problems or need frequent reassurance have a real problem here and should probably apply at HP or Microsoft instead
    Weak HR department means employees feel they don't have a voice with senior management and execs have poor visibility into what's happening in the trenches

    Advice to Management

    You will always have critics and some people are never happy. Probably 85% of the company's employees are excited and engaged. Don't get hung up on the few who are pissed off. Do what you know is right for the good of the comapny while treating people fairly and everything will be fine.


  7. Helpful (6)

    "Velti will probably fail"

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

    Pros

    Location, location, location! Right in downtown San Francisco. Great transportation, great bars and restaurants.

    Cons

    - No planning. There is no annual business plan, which makes it impossible to come up with a departmental plan, yet you are expected to.
    - Worst senior management ever: no communication, no transparency, no fairness.
    - Sales expected to sell product that doesn't exist, Delivery expected to implement product that doesn't exist. Product implementation of what does exist is sloppy.
    - Very bad cross-cultural relationship with HQ in Greece.
    - Performance reviews late, no annual pay increases, stock options not delivered, bills paid late.
    - Seemingly random layoffs of large swathes across the company--two in the last year.
    - Very unhappy employees make for a toxic atmosphere. Even if you are doing work that somewhat satisfies you, it is impossible to be happy at Velti.

    Advice to Management

    Velti needs professional CEO and C-level suite, preferably seasoned people from Silicon Valley. This is a company that has potential to move forward, but not at the state it is in.

  8. Helpful (4)

    "Short Sighted"

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

    Pros

    - Part of the fastest growing industry in technology and marketing
    - Wide range of highly visible clients
    - Has the potential to be a trendsetter in mobile marketing

    Cons

    - Poor management structure in production of deliverable products
    - No Art Director at a company involved with a rich and highly visual medium
    - Unwilling to push technology to where brands can maintain their already developed identities
    - Runs the risk of competing with boutique agencies with similar capabilities and a higher regard for quality
    - Company has been repositioned as strictly a technology solutions provider. This is very short sighted
    - Account Managers unskilled at communicating client needs to Delivery Teams
    - Employees often end up "victims of Velti's success" instead of acknowledged for their work

    Advice to Management

    Better communication would certainly be a start to improving the working conditions at Velti.

    There should be no "victims of Velti's success" and to passively accept that there are, is unethical and exposes a failure in Management. It may be time to restructure. Again.


  9. "Probably the most satisfying professional experience of my career."

    StarStarStarStarStar
    • Work/Life Balance
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Employee - Vice President in San Francisco, CA
    Current Employee - Vice President in San Francisco, CA
    Recommends
    Approves of CEO

    Pros

    Working for an industry leader on a huge growth curve makes this the most challenging yet most satisfying position I've ever held. Company has continued to reinvent itself consistently over the past 10 years, wish I had joined earlier. Compensation is quite good. Diversity in offices across the globe provides daily challenges, inspiration and an opportunity to question one's preconceptions.

    Cons

    Company could plan better. Leadership needs to communicate more info and more often. Administrative and procedural matters need to be solved faster and more efficiently. Rate of growth makes things a bit difficult -- victims of our success -- but it's a scale or die business, this needs to be anticipated and compensated for.

    Advice to Management

    Communication, communication, communication.


  10. Helpful (5)

    "Agree with others - Avoid Velti!"

    StarStarStarStarStar
    • Work/Life Balance
    • 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
    Disapproves of CEO

    Pros

    Some smart indians working there, no compliments for the chiefs
    Close to transport from East Bay, close to BART

    Cons

    Lack of transparency or communications from the top and what is communicated is a rosy picture that doesn't reflect reality. Company is deeply in debt and is pretty corrupt, especially Greek contingent. I was laid off due to a "reorganization" short of my one year anniversay - a way to save paying out the (very skimpy) options employees are granted? There is so much dishonesty and subterfuge here, with Greek executives treating regular employees like slave labor. They just don't get how things work in the usa! Benefits are super bad for SF employees, maybe because they have to provide so many holidays to Greeks! The lying is so obvious and it is so easy to catch them on it. If Velti is a reflection of the Greek economy, it's no wonder it is such a mess!

    Advice to Management

    Need to dump the founders and get professional management who know how to run a company. Founds are inept.


Showing 117 of 119 reviews
Reset Filters