Just a job, not a career - Anonymous employee MicroVentures Employee Review

1.0
8 Sept 2016
Anonymous employee
Recommend
CEO approval
Business outlook

Pros

- Innovative and continually changing industry - Cool office location near campus

Cons

- Toxic culture - Verbal abuse - High turnover I was at MicroVentures for two years and hoped it be a company I'd grow my career with for the long-term. Toxic culture - lack of communication, mistrust, minimal investment in learning and development, unclear expectations. The verbal abuse by management is concerning. I was cursed at regularly - i.e. told to shut up, belittled especially in front of others. In my last year 14 people quit or were let go. The egos of leadership is unprofessional and immature. Management doesn't know how to operate a company and is evidenced by the culture and reoccurring turnover.

Explore other reviews about MicroVentures

5.0
5 Nov 2021
Anonymous employee
Recommend
CEO approval
Business outlook

Pros

MV is a great place to work - plenty of opportunities to learn and make an impact. Very interesting and unique business model in a rapidly growing industry. Fellow colleagues care and are a lot of fun to work with.

Cons

Sometimes can feel a bit too lean.

1.0
10 July 2020
Recommend
CEO approval
Business outlook

Pros

The open office concept feels startup-y

Cons

Microventures flits from one major equity crowdfunding trend to the next. Never trying to be the best, just trying to keep up with FOMO. When Title III was approved they began a partnership with a larger crowdfunding entity to scale—a partnership that quickly dissolved. When Crypto was all the rage in late 2017 they stuck their toe in with an investing round that held investors money until they got regulatory cold feet and pulled out entirely from the crypto space. It took months to return the money and by the time they did the crypto market was a shadow of its former self. Most recently, and perhaps most ignobly, they rushed to form a 501(c)(3) when the 2020 pandemic hit, sweet PPP loan money notwithstanding of course… A charity which they have since wiped from their site but exists in cached form if you search for it. Don’t buy the quarterly and yearly “discretionary” performance bonuses that are used as a motivator and incentive for reward and run counter to the FLSA. They pay what they want and they pay themselves first. Brokers were once paid a commission structure which was transformed into salaried positions, leaving management to keep the commissions for themselves. It was not uncommon for certain persons to come to the sales floor and say, “Make me some money!” Just don’t do it. Don’t buy it. It is really not worth the headache.

10
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