Be prepared to be burnt out - Anonymous employee Prosper.com Employee Review

1.0
20 Sept 2016
Anonymous employee
Recommend
CEO approval
Business outlook

Pros

Really can't think of any Really can't think of any Really can't think of any Really can't think of any Really can't think of any

Cons

I never knew how bad culture can ruin productivity and good people until I joined Prosper. Good luck joining Prosper. Be prepared to be treated as a disposable pawn. Prosper has an interesting combination of high-stress environment and absolutely zero career development. You end up feeling really tired everyday without any sense of achievement. Managers are either micro-managing or have no idea what's going on, but all of them are credit-hogging. They aren't bad or stupid or selfish when they join but I personally saw how quickly the toxic political environment on the top forced a good manager to turn to focus only on his personal brand management and licking up. Executives made it clear that the only thing matters here is personal connection with themselves. The company kept hiring like stupid for one year, then laid off 30% of employees. People kept leaving after the lay-off. Whoever is left have to take over all the work. Many teams disappeared entirely. To top it off, CEO basically cancelled the compensation review which used to due every 6 months. When being asked what he is gonna do with employee churn, he basically answered, "we don't want them anyways". Now I see they are hiring again, many positions were the ones they laid off not too long ago. The mass exodus of employees must have exceeded exec's expectation. If after reading all these, you still want to join Prosper, you must be really desperate. But even then, you really should not. A recently signed equity funding deal has many hidden clauses which no one knows exactly except the execs themselves. As one of the little chickens in the company, I have no idea which one of them is going to crash this ship and when. And that is scary.

Explore other reviews about Prosper.com

5.0
27 Apr 2026
Anonymous employee
Recommend
CEO approval
Business outlook

Pros

I have truly enjoyed my time at Prosper. It is a company that offers genuine opportunities to learn, grow, and take on new challenges within your role. I absolutely love my team, my manager, and find the work itself deeply fulfilling. One of the standouts for me is the leadership. Having come from a previous company where leadership was hesitant to make difficult choices, which led to multiple rounds of layoffs, I have a massive appreciation for how Prosper’s leadership operates. They are willing to make short-term, sometimes unpopular decisions because they prioritize the long-term safety and stability of all employees. It is a huge relief to work for a financially stable organization where I can see myself building a long-term career. Prosper is also one of the most diverse companies I have been a part of. From my perspective, the compensation is very competitive compared to other industry ranges I have seen, and the benefits offerings meet my needs.

Cons

While the leadership makes the right calls for long-term stability, the resulting tough decisions can sometimes be difficult to navigate in the moment, the transparency behind the decisions is super helpful.

4.0
1 July 2026
Anonymous employee
Recommend
CEO approval
Business outlook

Pros

Fast-paced environment, able to directly contribute to company goals Good people who genuinely believe in the mission We regularly hear customer testimonials detailing how we've had a positive impact on their lives Leadership is transparent about company performance Only 2 days a week in the office

Cons

The company performed well in 2025, but we didn't see some benefits return until this year which has caused residual frustration Smaller teams offer less growth opportunity Some mid-level leaders manage up very well Pay is okay, but not competitive with larger tech companies

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