Railsr Reviews

As CEO and co-founder I am very sad to read a second post that is of similar comments to the comments posted yesterday by a colleague of yours. Firstly, thank you for your comments on the product, they are very much appreciated and reflect the hard work that the whole team has put into building a great product. Your comments on the leadership team I strongly dispute based on real data. This data being the employee surveys we do, the weekly schedule of one on one meetings that Claire (Head of People) does with the whole company, and that weekly anonymous “pulse” feedback we get from the whole company. We take it very seriously to understand the hearts and minds of our team. If the assertions of your post and your colleague's post yesterday were true, I am certain that we would have heard loud and clear via the various feedback mechanisms described above (or at the very least seen some tells). I will also give feedback on you and your colleague’s assertions of “old boy network” and “lack of orientation and direction”. The other comments do not warrant dealing with as they are factually incorrect. 1. Old Boy Network For background, my co-founder and I have both known each other since we were 13 and are now both 53 - so yes we are “old boys”. I co-founded a company in 1996 where my co-founder ended up working after he left the Royal Navy, our Chief Architect was my then CTO, our CTO was a lead developer / project manager and our current Chief Data Officer, was an MSc. student doing some cryptography work for us. All three of these “old boys” went through a rigorous interview process to ensure we removed any conflict of interest and they remain highly respected members of the Railsbank team - I am confident no-one in the company would dispute that. The leadership team comprises 10 people, of which only the CTO above is a member. Of the 9 others in the leadership team, I never met any of them until Railsbank. The ExCo team comprises 5 people, of whom two are myself and my co-founder. Of the other three in the ExCo, two I never met before Railsbank and the other I have known for a number of years, but he was put through a rigorous interview process (including board members) to remove any conflict of interest. The leadership team and ExCo members hold their positions through merit and high performance and not “old boy network” and cronyism. Their performance is totally transparent to all the company through open access to their respective OKRs. 2. “Lack of orientation” I agree with you that we had lost a little of our sense of direction at the tail end of last year due to growing from 17 to over 120 people in 9 months. That was just a factor of a high growth startup business. Since the end of last year and throughout Q1 this year the leadership team has put an immense amount of effort into ensuring we are all aligned, including implementing OKRs that the whole company has transparent access to and to which the whole company can hold the leadership accountable to. We very much have an aligned leadership team. I 100% respect your right to voice your opinion, but I would respectfully ask you to do it with respect and objectively. The Railsbank team sends our best wishes for your next chapter. Nigel Verdon CEO and co-founder