Complete circus of a company. - Anonymous employee HydraX Employee Review

1.0
16 Nov 2023
Anonymous employee
Recommend
CEO approval
Business outlook

Pros

Decent pantry, friendly people. End of the list.

Cons

For such a small company, the lack of CEO presence and leadership is appalling to say the least. It is unclear how decisions are made, and who actually makes them. CEO somehow prefers to surround himself with incompetent middle managers who lack any relevant domain expertise, instead of actually leading the company. Most of VP-level people have zero prior domain experience in whichever team they are supposed to lead. The only semblance of competence comes from the engineering team who can actually say that they have prior domain experience in building tech solutions or have worked in a tech company. It's unfortunate that they have to deal with a bunch of ex-marketers, traders, bankers, lawyers who have zero tech company experience or any kind of experience developing and designing SaaS or web or mobile applications. The decision to let a part of the product and engineering team in Q3 go just to make room for budget to create a Growth department is questionable. They started making podcasts and Instagram posts for a B2B fintech company whose main business is selling B2B software solutions to FIs. Go figure. Management is somehow allergic to being transparent with the employees on all kinds of crucial information, as if employees are their young kids who should not be privy to the problems the parents are facing. Crucial information that include the company’s runway and burn rates, revenue and profit trends, non-cash compensation packages, detailed roadmap of the business and metrics to be optimising for. For anyone that has actual startup/tech company experience, you would think such information are a given, yet somehow, it’s classified as confidential and for management to know only. They tried to keep the Q3 retrenchment under wraps for a while but somehow decided to reveal it casually a few months after it happened. It’s no wonder that the actually competent people are leaving or have left already. All the examples above are just the tip of the iceberg of the circus that has been playing out over the better part of 2023. Between the Titanic and this company, I’d say you’d had a better chance of survival being with Jack and Rose.

Explore other reviews about HydraX

5.0
7 Apr 2026
Anonymous intern
Recommend
CEO approval
Business outlook

Pros

Supportive of their employees' goals and growth

Cons

I really don't think I have anything negative to say

4.0
28 Apr 2025
Anonymous intern
Recommend
CEO approval
Business outlook

Pros

My internship manager gave me the autonomy on choosing what to work on, and I learned a lot

Cons

Company culture is not there

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