IPO'ing was a disaster, or maybe it was on its way down all along
Pros
Generally has some smart people in specific depts and people who really want to help SMBs. Decent office, good perks (although diminishing), easy hours, and decent pay if you negotiate. Great drinking events, basically college all over again if you're into that kind of thing. Laid back environment, if you want a decently paid, somewhat techie company in NYC this is it - but don't expect career advancement or to actually "disrupt" anything.
Cons
- The talent I joined to work with are all on their way out - Incompetence abounds at the management level - No plans or no communication of plans - Teams are not aligned, very hard to accomplish anything even though everyone is "empowered" - Political nightmare, everyone is interested in how much turf they control and not to play in their sandbox - Not a tech company, besides the credit models all their tech is worthless (poorly architected and commodities that should be acquired not built in house) - Terrible CTO, I am not even sure she understands what we do or who works for her - Actually most of the chiefs are incompetent, Noah is the only intelligent exec and it feels as if he is "asleep at the wheel" - Deceiving marketing and sales practices, The marketing department is as bad as the media makes them out to be, and sales is trained to "kick leads down a notch" to take what OnDeck offers. If you are a sociopath and want to convince hard working Americans to take overpriced loans, this is the place for you.
