Pros
It's a long-established, profitable company which has been purchased by a much larger, established, profitable company. If you are a young professional or fresh out of college who fits in with Red Ventures culture, you will do well.
Cons
The new parent company tends to be insular, very bossy, highly centralized, and ignores dissenting expertise that come from outside HQ. Company culture borders on tribal, even cultish, which has made for a difficult transition since the buyout. Leadership tends to be domineering and top-down while being all smiles and professing to be free of hierarchy.
Because the parent company is based in the Carolinas, they have difficulty grasping the cost of salaries and real estate in Austin. This has negatively affected staffing levels and compensation.
The Austin office will lose its bonus plan and transition its benefits to the parent company’s in January 2019.
Everyone with knowledge of the business or industry in Austin has been fired or quit. Almost no senior-level talent remains. Thanks to layoffs and attrition since November 2017, the Austin office is now approximately 45 people, down from 120.
Any feedback provided by the Austin office to the parent company tends to result in combative, defensive responses from HQ.