Sadly, the magic is gone..... - Software Engineer Happen Bank Employee Review

1.0
6 Sept 2017
Recommend
CEO approval
Business outlook

Pros

There are still some really smart people at Lending Club. The CEO is a great guy, and some of the executives are bright, focused and good in their respective fields. In general there is collaboration and people treat each other with respect.

Cons

The energy and excitement of the Renaud era is over. LC plods along and will be profitable as there is such a huge market for the personal loan product. Technical innovation doesn't seem to be what's happening. Most groups are overstaffed - beyond anything I've seen and the diligent chipping away at the balance sheet goes on and on. It does seem like the execs are waiting for a sale.

Explore other reviews about Happen Bank

5.0
31 May 2026
Recommend
CEO approval
Business outlook

Pros

nice office and learned a lot

Cons

did not get to work too cross functionally

2.0
8 May 2026
Recommend
CEO approval
Business outlook

Pros

Decent starting pay and some good teammates. The company is highly profitable and continues to grow. Opportunities to take on new responsibilities and expand your scope. Equity awards.

Cons

Over the course of several years, I have been given additional responsibilities multiple times without more compensation despite the company’s strong financial performance. While I’m happy to contribute, the pattern of increasing responsibility without recognition is a major demotivator, even to your most diligent employees. It's tiresome. It doesn't take much effort to make strong contributors feel seen and valued, and it's such a missed opportunity not to. The company frequently talks about culture and values, but there is infighting and rivalries between teams and individuals. That energy creates drama instead of collaboration and leads to repetitious mistakes. Good people — especially top performers — eventually leave because they can.

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