Pinwheel (NY) Reviews

3.8

68% would recommend to a friend

(50 total reviews)
avatar

Jaimeson Rice

100% approve of CEO

64% positive business outlook

Pinwheel (NY) has an employee rating of 3.8 out of 5 stars, based on 50 company reviews on Glassdoor which indicates that most employees have a good working experience there. The Pinwheel (NY) 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

50 reviews
1.0
6 Mar 2023

It's probably going to get worse before it gets better

Anonymous employee
Recommend
CEO approval
Business outlook

Pros

* Interesting industry in the fintech space * Smart and seasoned co-workers for the most part * All positions are remote

Cons

* Layoffs made no sense. What happened to having years of runway even if we don't make another cent? * There are worse and lazier engineers that should have been laid off instead of those who got cut. Those who put in the work daily are devastated by their departure. Those who pretend to have impact are relieved because they and (everyone else here) know that they are the ones that should've been fired * Brand name recognition is poor compared to our competitors. Our entire marketing team also got laid off. I'm not confident that we will fix this * Upper management favoritism and mind games * Sales repeatedly miss their OKRs every quarter, though they insist that they set "ambitious" targets they knew would be difficult to achieve. It defeats the purpose of Objective Key Results * Perks are the bare minimum for a fintech start up

1.0
8 Oct 2023

Beware

Anonymous employee
Recommend
CEO approval
Business outlook

Pros

Employees care deeply about the mission

Cons

CEO, Head of Finance, Head of People Kurt is the founder this business is stuck with - not the one it needs or deserves. Pinwheel has experienced consistent turnover in senior leadership, averaging at least one departure every six months for the past four years. The turnover rate for employees is notably high, with most individuals departing within two years, despite being generally esteemed team members. Working at Pinwheel has been likened to being under the employ of Joffrey Baratheon. The CEO lacks substantial prior work experience, and concerns have been raised about complete dishonesty in communication with employees, clients, and potential partners. The company exhibits frequent significant pivots in direction, shifting 90 degrees in strategy on a quarterly basis, often attributed to the adoption of OKR frameworks, but more likely due to the aformentioned lack of patience and experience in the CEO. It seems as though he confuses decisiveness with making quick, poorly thought-out decisions. This company may find success, some people may even get rich, but in my assessment that will be entirely by luck. If this CDO is the archetype of a successful startup CEO then I challenge any person with a remote moral compass to reach the pinnacle of achievement. With over two years of experience at Pinwheel I have been employed long enough to observe significant restructuring within the marketing and commercial departments (complete decapitation of them both). Subsequently, those departments were led by an inexperienced appointee chosen by the CEO. In alignment with his choices, there was no notable revenue growth during this period, contributing further to a sense of panic within the organization - and eliciting further paniced actions from the CEO, including layoffs. It is well documented that the CEO tends to retain and promote individuals who aligns with his views and directives exclusively (YES men), perpetuating a culture of favoritism and deflecting accountability for failures onto other teams and departments. The absence of a strategic focus on sales and marketing has hindered the company's potential for revenue growth. The lack of self-reflection on the part of the CEO compounds the organizational challenges, leaving the broader organization to bear the brunt of the consequences of the CEO's performance. There is some irony in that if the board of directors graded the CEO in the same fashion as he does his employees he wouldn't have lasted a month at the helm of this business.

1.0
30 Oct 2023

Run away from this train wreck

Anonymous employee
Recommend
CEO approval
Business outlook

Pros

Very few pros now. There use to be so many pros but those days are long gone.

Cons

It seems that the leadership team lacks experience and the overall environment feels like a negative fraternity. They tend to dismiss or terminate anyone who dares to question their strategies, which results in low morale and a high number of resignations. Although the product is excellent, the CEO and the head of finance appear to be unfit to run a company.

Viewing 1 - 3 of 50 Reviews

Glassdoor has 53 Pinwheel (NY) reviews submitted anonymously by Pinwheel (NY) employees. Read employee reviews and ratings on Glassdoor to decide if Pinwheel (NY) is right for you.