20 Mar 2018
Anonymous employee
Tradeshift Response
8yWow, I’m sorry you feel this hurt about your time at Tradeshift. This seems like a very personal review for you. I wish you would have shared those feelings while still here and we could probably have addressed some of the misunderstandings, but allow me to try anyways here, not so much for you, but for all the potential employees looking at this review and all the hardworking Tradeshifters who wonder what this is about:
You forget to mention that the reason you “know” all this, is that we have transparent leadership meetings once a week where all challenges and opportunities are discussed openly, available for the whole company to attend, no hiding because we believe in transparency. It’s hard to build a startup, and we never try to cover that.
Product Development: We pushed out 2,000+ releases last year, via our continuous deployment pipeline. Are there areas or offices where we wished we could have done better, yes for sure, but the reality is we are set up to deliver and deliver fast which we do continuously. But I won’t lie, it’s difficult to build a global scalable B2B platform when you are facing exponential growth https://twitter.com/christianlanng/status/976259749699137536 if you consider that a cool challenge please take a look at our many job postings and come work with our amazing colleagues (if in doubt read some more reviews on this page).
You seem to know very little about how our actual revenues work but is still very upset about it for some reason. We did 5x revenue growth (using GAAP accounting for those in doubt about the “murky nature”) from 2016 to 2017, that's why our investors chose to invest (and existing investors decided to follow-on). We just closed one of the largest fundraising rounds in the industry, with very sophisticated investors, your idea of the last sucker is somewhat wrong. As for future revenue streams (where you clearly are breaking the NDA you signed when joined), it’s not something we comment on, but we feel very good about it.
We invest in events to sell the company and build our brand just like any other B2B SaaS company, but comparatively to listed peers or growth companies in our space I can tell you that our R&D cost is roughly 2x and our marketing cost is roughly 25% because we believe in winning through product innovation and leadership. Yes, one of the events we invest in is the World Economic Forum's annual meeting in Davos, we do so together with companies like Salesforce, Palantir, SAP, Workday, and Google, so there must surely be something all of these companies, not just us have missed when it comes to enterprise marketing ;)
Then you take a swing at my leadership team, do you mean David who used to be CMO over at SAP Cloud? Or Thijs who worked on cloud products at Apple? (no he still can’t talk about it) or Sarika or Rinus who combined have more than 40 years of experience in this space? Nevermind that it’s a global, seasoned team, but even more importantly, they are my team and I trust them. You say it’s about loyalty, and you are damn right it's about loyalty, they have shown again and again that they work hard and don’t quit when things get tough. That they share our vision as founders for what Tradeshift can become.
The reality is you didn’t make it at Tradeshift and for some reason chose to leave or were let-go. I’m sorry it hurt you like that and that you felt you had to do this write-up.
To everyone else I say, come have a talk with us, ask about this review, hell ask about everything, you should do your due diligence and you will find we have a great team and one of the biggest opportunities in this space.
/Christian Lanng, CEO
My email if you want to ask me directly about this or hear more about awesome jobs we have:
christian.lanng (...at..) tradeshift.com