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Entrepreneurs Roundtable Accelerator

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Entrepreneurs Roundtable Accelerator Reviews

4.0

83% would recommend to a friend

(8 total reviews)

58% positive business outlook

Reviews by job title

8 reviews
5.0
6 June 2024
Recommend
CEO approval
Business outlook

Pros

The network really is excellent. I still refer to notes from mentor sessions that occurred years ago. At ERA, you'll actually learn tactics to build product and generate revenue. The team is invested in your success. I left ERA years ago and still consult with Jon and Murat whenever I'm considering a career move. I've worked for several ERA companies since leaving the ERA team. This is a pretty common occurrence for people in the ERA network. If you're willing to work hard, you will get a ton of ownership -- well beyond what you could get anywhere else, early in your career. You have to earn the team's trust, but once you do, you will be given responsibilities that would take you 10 additional years to earn anywhere else. ERA is a generalist investor, so you'll be exposed to a ton of different industries. To give a few examples, when I was there, I worked on investments in fintech, consumer internet, CPG, media/entertainment, and frontier medical diagnostics. There are very few investors with this level of breadth -- it will enable you to learn a ton. In my two years there, I probably saw 3000 startup pitches. We wound up investing in about 50 or so. The level of deal flow is quite high -- you'll get plenty of reps in for evaluating startups. If you're willing to work hard to succeed, this can be a career-defining opportunity.

Cons

ERA is a place to launch your career -- it is not a casual, informal, 9-5 job. To gain the trust of the founders you'll work with, you will be expected to perform. So if you're looking to mail it in, this is not the place for you An under-discussed part of venture: not all your companies will be winners. Most VCs will throw in the towel and cut them loose: ERA does not. ERA works as hard to help its struggling companies as it does it surging ones. This is not always fun! You'll have to roll up your sleeves to help companies that e.g. lack a CFO, and need to figure out how to turn 3 months of cash into 12. You'll learn a ton from doing this, but it won't always be fun in the moment

5.0
25 Mar 2024
Recommend
CEO approval
Business outlook

Pros

I started my 7 year career at ERA as the Program Manager, managing day to day accelerator operations and finished as an Operating Partner. Jon and Murat were always my number one advocates, and championed me through many challenges there - supporting my growth, giving me room to dictate and grow operations as I saw fit, managing my work independently and always empowering me. It was a special place, and the community of founders, mentors and other ERA team members we built together is reflective of the integrity and passion they exemplify for helping founders. If you want to learn first hand how to build a company in the earliest stages, and understand the world of seed investing - there is nowhere better. They are real, good people. 4 years later I still have great relationships with the partners and many others. It's a great place to work if you are a self-starter and like to be challenged all the time with new problems, companies, founders and ideas. If you work here in an operations role, you will be happy and successful if you derive energy and satisfaction from helping founders in any way and are driven to figure out how you can help them.

Cons

I don't think of ERA as having 'cons' in a traditional sense. It all depends on who you are and what you're looking for in a job. I'm assuming it's a given that you're looking for exposure to early stage startups, investing and helping founders. Setting that aside - it's a high energy and fast-paced environment that requires flexibility, adaptation, quick problem solving and a lot of vigor, especially if you're in an operations role. You'll need to be passionate about building relationships and an extreme extrovert. You’ll interface with hundreds of people on a weekly basis, attending events, etc. If that sounds exciting to you, it will be a great place. If not, it won’t be a good fit. I had to give WL balance 4 stars :) It is a demanding place but that is a given, after all you're in the epicenter of early stage tech in NYC! I was happy to work hard because I was passionate about everything we did. The whole team is, especially the partners, so it's imperative you are not phased by this if you're considering working here. All that said, I was able to take time off whenever I needed, I enjoyed my vacations and was disconnected, and the partners never intruded on what I needed personally. They were great to me when I had my first son and had really excellent maternity leave.

1.0
15 June 2023

The harsh reality

Recommend
CEO approval
Business outlook

Pros

All of the staff (Program Managers, Associates, Global Managers) coordinating the cohorts are really hard working. You will learn a lot, fast. You’ll be exposed to many different Founders and get the chance to connect with them personally. It’s a fast paced environment so you can retain a lot of information about Venture.

Cons

Extremely unstaffed office. Employees frequently complain about burn out and stress. No work life balance or acknowledgement of that Poor communication and responsiveness from Managing Directors of the firm due to them not having time allocated for functionally of the office. Lack of transparency around career progression. No employee development programs or an attempt at offering development for employees. No metrics to track employee performance or growth. Power rests solely with the two MDs. You are simply there to execute the Program and cohorts on their behalf - which is a direct quote from one of the MDs. No overtime pay and you will frequently work over your hours. When cohorts are in session, expect to work unpaid over time at least 3days a week. No communication from higher levels on DEI/Diversity attempts Micro management from one MD, and complete lack of response from the other. No balance Frequent politics and conflict in office due to l imbalance of balance of power among higher level staff. Managers frequently yell and berate employees when they are overwhelmed. I’ve seen it happen many times. The entire team is young - and mostly women? on purpose - because they have no problem yelling at young women. Operations has no support. Associate level employee are expected to do manager level work Everyone talks among themselves about how negative the energy can be- but nothing changes because there is no transparency. Team is hesitant to communicate with upper levels. Nepotism can certainly play a factor here so be careful who you’re speaking to

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