Incompetence has turned a once promising company into a zombie startup
Pros
-Talented and nice coworkers (although they tend not to stay very long) -Decent pay depending on the position -Relaxed dress code -Location close to MARTA station
Cons
Most of Lucena's problems stem from the incompetence, arrogance, and off-putting personality of the CEO, Erez Katz. His behavior has driven off many talented and intelligent employees (including a co-founder), severely hurting the company. The turnover at Lucena is much, much higher than at a typical startup. -Erez is rude and distrustful of employees. He badmouths both employees and clients behind their backs -He misleads clients, employees, and investors -He frequently makes unrealistic and unattainable promises to clients and overstates Lucena's capabilities -He lacks a vision and a realistic strategy for growing the company and has a complete lack of knowledge of the sector or the competition -Despite knowing next to nothing about machine learning, finance, or the markets, Erez considers himself an expert and acts as the director of research. As a result the research is conducted in a haphazard, unscientific manner and is of a very poor quality. Working with him is very frustrating -He micromanages like crazy, asking what you are doing multiple times a day, disrupting the productivity and workflow -Stubborn, wastes an inordinate amount of time and money on a failed, overpriced, and very buggy product. Insists on using outdated front end frameworks and libraries -Very arrogant, unwilling to listen to others’ suggestions or take ownership of his failures In addition: -Can't work from home -Poor work life balance -Poor benefits -Little room for career growth The positive reviews that were written in response to this one (upon the directives of the CEO) do not accurately portray the position of Lucena or what it is like working there. The extreme turnover and the fact that the departing employees generally do not exercise their vested options speak for themselves. I'd advise any prospective employees to do their research before signing a contract.