Input Output Reviews

3.7

73% would recommend to a friend

(101 total reviews)

Charles Hoskinson

69% approve of CEO

64% positive business outlook

Input Output has an employee rating of 3.7 out of 5 stars, based on 101 company reviews on Glassdoor which indicates that most employees have a good working experience there. The Input Output employee rating is in line with the average (within 1 standard deviation) for employers within the Information Technology industry (3.9 stars).

Reviews by job title

101 reviews
5.0
4 July 2024

Love this job

Recommend
CEO approval
Business outlook

Pros

Remote work Flexible hours Great colleagues

Cons

Private ownership structure Nothing more

1.0
19 Feb 2023
Recommend
CEO approval
Business outlook

Pros

Opportunity to learn about blockchain technologies and cryptocurrencies.

Cons

* Pathological lying by the CEO and his inner circle. * Cult of personality. * Too many amateurs pretending to be professionals. * "Fake it until you make it" culture. * Slow innovation and software development. * Salaries significantly below industry average. * Systematic workplace discrimination (e.g. salaries are lower if you live in an poorer country, even if you do the same work as someone who lives in a richer country). * Recent lay-off of entire departments with long-term contributors that were key to the company's operations and successes.

avatar
Input Output Response
3y
While we are saddened to read that you varied experience during your tenure here - we do wish to respond to some of your bullet points. We are a company which has grown exponentially in the past four years. With that growth comes great opportunities to learn and develop, and inevitably, change as we adapt to new and complex challenges. Our culture stems from one of inclusion and respect. Our approach to software development is considered and researched based. We are proud of this being one of our values. Our salaries are carefully benchmarked against industry averages, roles and geography. We are always looking to better our competitiveness and have built out a compensation and benefits function with the sole scope of building on this into 2023. As with many technology companies recently, we have made some difficult decisions with regards the structure of our organisation to ensure that we are focusing on the right products and company strategy. aligned to IOG's 2023 strategy and beyond. Commercial and strategy functions have been integrated into product teams which has resulted in some people leaving the business. While this is never an easy decision to make, we handled each case with respect, while trying to minimise the impact on those affected
1.0
12 Sept 2024
Recommend
CEO approval
Business outlook

Pros

Nearly all of the engineering teams at IO are filled with extremely talented, hard-working, kind people. There is a strong culture of doing things correctly the first time and thinking things through. There is also a strong culture of learning and improving. Additionally, the collaborative relationship between the engineers and the researchers is amazing.

Cons

As soon as you leave the bubble of engineering at IO and have to interact with the executives, you enter a viscous world of everyone backstabbing everyone else for Charles' favor. The hostility start with Charles, the CEO. He cares only about himself, his reputation, and his money, and will harm as many people as it takes to get what he wants. He is a cutthroat manipulator who has made himself enormously wealthy by deceiving people. When he wants something from you, he is your best friend and makes you feel wonderful. But this is contrasted with constant temper tantrums in company meetings, where he shouts and yells and belittles people. People are fired on the spot the second Charles does not like what someone says. An easy way to get fired is to call Charles out for one of his many lies. While Charles' himself is actually quite informed about blockchain, none of his executives are. They exist only to feed Charles' ego and to do his dirty work. The worst part is that there are absolutely no checks and balances to Charles' whims. He rules with absolute authority and everyone is afraid of him. (Jeremy Wood provided some counter-balance in the early days of the company, but was bought out.) Here are some illustrative examples: - Charles has been known to brag about how little you have to pay a Haskell developer, since they are willing to take a pay cut to write Haskell. Moreover, he brags that you can get folks from Eastern Europe for very cheap. - One time, for a company meeting, the executives had a video produced to surprise Charles. The video took the "Alexander Hamilton" song from the famous musical, and made it all about Charles ("what's my name, Charles Hoskinson", etc). It was high production, they must have spent a lot of money on it. It was the most sycophantic (and cringe) thing I have ever seen. - Charles has knowingly forced engineering to release software with known bugs in it, because he doesn't want Twitter to make fun of him about pushing release dates back. And he constantly makes promises on Twitter that are completely impossible to fulfill. - Charles flaunts his wealth over and over. - None of the executives will talk openly and honestly about the start of IOG, when Cardano was marketed in Japan as a blockchain gambling platform, and Charles was sold as a genius mathematician.

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