Crowd Street Reviews

3.5

53% would recommend to a friend

(64 total reviews)

John Imbriglia

46% approve of CEO

52% positive business outlook

Crowd Street has an employee rating of 3.5 out of 5 stars, based on 64 company reviews on Glassdoor which indicates that most employees have a good working experience there. The Crowd Street employee rating is in line with the average (within 1 standard deviation) for employers within the Finance industry (3.7 stars).

Reviews by job title

64 reviews
2.0
22 Jan 2021
Recommend
CEO approval
Business outlook

Pros

+ From the mid-manager level down, the people I worked with were incredible colleagues and friends (this represents one whole star of two stars) + Dog friendly (this represents most of the other star) + Back pre-COVID, there were fun team-wide outings + Kitchen snacks

Cons

Where to begin. . For context, I worked here a long time, but can't say how long or what department because I don't want to identify myself and I have seen others who wrote negative reviews get harassed. Yet, I know they have aggressive hiring plans this year and so I feel morally obligated to warn people about what they are getting themselves into. In the history of CrowdStreet, ONLY ONE woman has ever been promoted from within to the Director level (and no higher). The few female employees who were hired from outside to Director and higher are disappointing as allies, they seem to be scared or feel too much pressure to be "yes-women" to the majority male leadership. Bullies are tolerated. Manipulation is constant. Individuals and teams are purposely pitted against each other. Upper management gossips in an extremely unprofessional manner. Credit stealing, disrespectful interrupting, and condescension, especially to women. Actual development is non existent. HR reports into the COO, an extremely toxic and dangerous human being, so they are usually powerless to do anything meaningful when issues get reported-- and issues only sometimes get reported because people are too scared. Under performers are ignored or shuffled around different teams, sometimes even promoted, until the company does a lay-off because they don't have the skills to develop employees or the guts to just be assertive and let someone go who needs to go. High achievers are worked harder and harder and harder with no relief. Upper management talks all the time about the company's values and their commitment to diversity, equity, and inclusion, and I mean all the time, as in, multiple committees and meetings literally every week. But it's just a way for them to appear to be making "real progress" without actually doing anything. Very little hiring diversity. Qualified, smart and experienced, diverse candidates have not been hired in order to bring on more blah white bros who knew someone. I gave Career Opportunities 3 stars because it is possible to learn a lot here, and somehow CrowdStreet has a good reputation in the industry and in Portland, so it can open doors once you leave. I gave everything else 1 star, including Compensation and Benefits - They claim to have done a national comp study and have this process for guaranteeing that everyone is fairly paid, but they won't be transparent with any of the data. When employees share salary info with each other they uncover many examples of inequity across gender, levels, teams, etc. Basically everyone who works at CrowdStreet falls into one of these categories: - Hasn't worked here long enough to notice the problems - Is an untalented white dude benefitting from their privilege - Is afraid they can't find another job Now that you understand the culture here, I'm sorry to say I don't have too much good to say about how the business is run either. Everyone running in circles, investing so much wasted effort in things like halfway implementing softwares that don't work then undoing them. Decisions made based on no input that wind up being wrong, or no decision made because they keep waiting for data they don't know how to get. If you still work at CrowdStreet, I'm sorry. Please take care of yourself. Don't be afraid to leave, most who do have wound up with great jobs and much better offers. Reach out to those of us who have left, there is a whole network of us and we can help you. If you're a job seeker who values your sanity and career development, look elsewhere. I hope this was helpful.

1.0
17 Jan 2019
Recommend
CEO approval
Business outlook

Pros

Company is clearly growing and heading in a great direction Huge new office Office snacks Employee perks like FSA, HSA, 401k Fully-covered employee medical Holiday party, summer party, summer family party Employee lunches Great location downtown

Cons

This job was the most overwhelming, lifespan-reducing job I've ever had. The management team is almost never on the same page, and there is constant sniping and bickering between teams -- every manager is fighting to be on top in terms of power, and every conversation feels like a fight waiting to bubble up. You can honestly just feel the tension between people, even if they are peers. Managers are experts in their field and are personally very intelligent and driven, but are largely unexperienced at actually being managers, and as such they show little drive or direction in mentoring and bringing up the rest of the team with them. Often, it seems that the goal is to actively work against their own team members, and this is speaking to multiple departments. The culture differs vastly between teams, the more cohesive teams (unsurprisingly) are the ones with the most hands-off managers who (by sheer lack of involvement) are indirectly trusting their team. There is very little emotional intelligence among the executive team. There is a total lack of positive feedback to employees, and a large emphasis on negative feedback (again, across several if not all departments). Some members of management do not realize that unsolicited shoulder rubs are inappropriate and may make women uncomfortable in the workplace. Complete lack of social awareness. They want to have the image of a startup, but the culture is more similar to a finance firm/typical corporate culture. HQ is an open office, but if you think you can just openly communicate with the CEO, you're wrong -- they should just have offices to emphasize that there is a hierarchy in communication that certain levels will be scolded for skipping over. It's like they didn't realize that the open office conveys an openness of communication that does not actually exist and is actively discouraged in the culture. There is no structure in place to help employees grow or learn, and as with many startups, it is very easy to be taken advantage of and not be valued at your true potential. There are several lower-level employees with advanced degrees and years of experience who are basically doing monkey work and don't have anywhere to grow. They have someone with literally decades of experience in the same sales role that is now being advertised as only needing 5 years experience, for example. Managers additionally have no personal accountability and often treat staff-level workers (female) as their personal secretaries -- i.e. grown men regularly cannot figure out how to print on the singular printer in the office and have women print for them instead of taking two minutes to figure it out. When something goes wrong, it is not a lesson to learn from, but an opportunity to berate and demean the employees in your team. Don't expect management to apologize and actually mean it, i.e. not repeat the same toxic, unsupportive behavior in a day or two. The new office is nice, but it's a huge open office and as such it's very loud. Most people have to use headphones to be able to focus, or they just go work in the cafe across the street to avoid the noise of sales calls and the ping pong table. Work/life balance is a joke. I was regularly emailed at 2 or 3 in the morning, over holidays, and during vacation. You have to be "on" all of the time. Absolutely zero understanding that people work to make money, and then take that money back home to their actual lives to enjoy. The best part of this job were the office dogs. They were the only group that consistently treated employees like human beings. :) In summary, this is an incredibly low-trust, low-EQ environment with little room for your own professional growth. They use "this is an amazing opportunity" as an excuse to treat you poorly, as though you'll never find another great opportunity out there in the world. If the level of micromanagement on this GlassDoor page (Responses to every post? Seriously?) alone doesn't give you insight to this company's culture, I don't know what will.

avatar
Crowd Street Response
7y
Thank you for your feedback. We take all feedback seriously. We are really proud of the company we are building together as a team. In 2018, almost a quarter (24%) of our team members were promoted into new roles. In 2018, we launched an innovative manager training program( as we bring on more team leads) for all leadership team members. We conduct employee surveys on a monthly basis and have received positive scores from our employees in areas such as teamwork, management, autonomy, ownership, recognition and performance. We do not tolerate any form of sexual harassment and hold all of the team members to a high standard. We do have areas that we are focused on developing (continually) as we build out the company and continually strive to enhance our team members experience.
3.0
4 Feb 2019

An Actual Review From Someone With No Vested Interest In The Company

Anonymous employee
Recommend
CEO approval
Business outlook

Pros

Pros - Nice office in a great location - Frequent free donuts and lunches - Extremely fast paced - Growing business

Cons

Including the inappropiate and unwarranted touching from the exec team, I can confirm and validate all of the negative comments in other reviews. If you come across this company, what you'll see looks very nice and shiny. But I cannot recommend working here. You'll will be run into the ground and then others will complain about you for not working hard enough. - No work/life balance, you are on call 24/7 regardless of position. Then get written up when you don't touch your phone on the weekends. - No transparency from exec team and upper management - Promotions/Raises/etc are based on recognition instead of actual work. Whoever gets shouted out the most grows the most - Processes and targets are changed so often that something considered "perfect" on Friday is suddenly the "worst" on Monday. - Pay is horrible for the amount of work being done. - Pay is well below the average rate for the same position in other companies. - Very misleading communication internally & externally (look at all of the other review responses for more than 30 seconds) - Co-workers do not respect each other and will gleefully backstab to get what they want. - Not inclusive at all. I consistently witness and hear insluts targeting LGBTQ+ communities and those with mental or physical disadvantages. - Morale is non-existent. - Good people are being asked to resign (I've witnessed this, in person) - Employees are all judged differently and if two people make the exact same mistake, one person is fired and the other will be praised (again...witnessed). - Employees come in sick instead of staying home. But if they stay home it is not respected and they'll get hundreds of emails regardless. - No career growth potential

avatar
Crowd Street Response
7y
Thank you for your feedback - I see that you are a current employee. I encourage you to reach out to me so we can discuss your feedback in person. To address some points of your feedback: Inappropriate touching - we do not tolerate any form of sexual harassment and we hold ALL of our team members, including leadership, to the highest bar. We conduct regular trainings to ensure our organization knows that (our most recent manager training was in December 2018 from an outside trainer). Not inclusive - we have a no tolerance policy for any types of language, actions, or behaviors that would make someone feel our company was not inclusive. We are a proud member of the TechTown Pledge to Diversity, Equity, and Inclusion, we attend monthly meetings (often times, we are the most represented company at the monthly TechTown meetings) and we hold regular sessions supporting these efforts internally and externally. We just held an Ally training last week for all team managers, and we also in the last quarter implemented a dedicated session to the on-boarding of new team members focused on Diversity, Equity, and Inclusion efforts including our Company charter and pledge. Communication/Transparency - we are a transparent organization, we conduct regular all company meetings, and team members are encouraged to contribute to discussions as well as questions of team leaders. We take the advice of employees very seriously and we want to make sure that your feedback is addressed specifically. Please reach out to me, or our CEO, directly, so we can talk through these matters, all of which are very important.
Viewing 1 - 3 of 64 Reviews

Glassdoor has 64 Crowd Street reviews submitted anonymously by Crowd Street employees. Read employee reviews and ratings on Glassdoor to decide if Crowd Street is right for you.