Rocket Internet re-branding - Associate Flash Ventures Employee Review

1.0
7 Feb 2022
Recommend
CEO approval
Business outlook

Pros

- Bridge into VC world: tough environment to join.

Cons

- Sleazy compensation & benefits: aware of my expectations, they offered me an absurdly lower compensation with no margin for negotiations. I accepted assuming that the culture and experience would be compensate . - Toxic company culture: Same Rocket Internet, new name. The partners simply don't care about the team. They see them as underpaid paws that can be used for whatever reason they seem fit. - Arrogant leadership: They think they are revolutionising pre-seed VC when they are simply investing on what big series-A VC fund invest. No surprise they decide on what to invest within 5 min.

Explore other reviews about Flash Ventures

2.0
19 Oct 2022
Recommend
CEO approval
Business outlook

Pros

- Young energetic team - Autonomy and space to act - High focus of relationships with founders

Cons

- Poor setup: single LP structure that has the full team by balls, giving away zero space for decision making - Lack a coherent fund strategy/ investment thesis/ long term view - Terms are not competitive for founders, leading to good deals falling through

5.0
29 Apr 2022
Anonymous employee
Recommend
CEO approval
Business outlook

Pros

- A highly entrepreneurial spirit - Amazing colleagues across the globe (Sydney to Mexico) - It really feels like we are all building a company together - I absolutely love the early-stage work with founders and helping them build game-changing businesses

Cons

- Remote teams make communication/alignment sometimes not super easy - "Growing" pains of scaling (sometimes it hurts)

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