PitchBook reviews

3.2

41% would recommend to a friend

(732 total reviews)

Rod Diefendorf

34% approve of CEO

30% positive business outlook

PitchBook has an employee rating of 3.2 out of 5 stars, based on 732 company reviews on Glassdoor which indicates that most employees have a good working experience there. The PitchBook employee rating is in line with the average (within 1 standard deviation) for employers within the Management & Consulting industry (3.5 stars).

Reviews by job title

732 reviews
3.0
Mar 3, 2015

Good first job.

Anonymous employee
Recommend
CEO approval
Business Outlook

Pros

You learn a lot about the private equity and venture capital space. The office culture is work hard play hard, with emphasis on "work hard."

Cons

You will be overworked and underpaid. If your ideas, and the work you produce, are not exactly aligned with what top management wants...you wont last. Very high turnover rate.

4.0
Mar 2, 2015
Recommend
CEO approval
Business Outlook

Pros

I was on comparatively smaller team (Product), so my experience is not necessarily indicative of the majority of roles within PitchBook (i.e. sales, research, account management, etc.), but I feel confident about the following: PitchBook is a great place for young professionals. Working here will give you exposure to just about every side of the SaaS B2B industry. People get promoted quickly and fairly, and more recently they’ve put in place established career paths for Sales, Research and Account Management. Furthermore, PitchBook gives employees ample opportunity to move departments according to their interests. All of this amounts to being an incredibly useful experience for people who are fresh in their career and want exposure to a variety job functions. It’s like boot camp for your career; you’re going to learn a ton and feel very well equipped on your path. PitchBook is what you make it––literally. Along with the internal mobility, employees have the opportunity to create their own roles. There were numerous instances of employees encountering roadblocks/suboptimal processes, proposing solutions and essentially getting hired to execute on that proposal. PitchBook has great people. Everyone is very nice and open; PitchBook has a very team-oriented and collegially competitive atmosphere. People work very hard, but you’ll also have many happy hours and company/team events. Some of the smartest and most capable people I know I met at PitchBook, and I’m confident that it’s a breeding ground for strong future talent. As a designer, I appreciated the opportunity to work on an extremely complex platform. From a user interface and visual design perspective, my time at PitchBook provided many opportunities for tackling design challenges such as organizing an immense amount of data, creating a usable interface and navigational structure, designing useful rather than "just pretty" data visualizations, and the constant tug of war between what functionality to show vs. what to hide (discoverability). As a disclaimer, everyone should know that succeeding at PitchBook requires having an interest in learning about the Private Equity, Venture Capital and M&A space. PitchBook is an extremely sophisticated product in an extremely complex niche. It's impossible to do your job well without understanding the unique needs of this space and the people that operate within it. Luckily, PitchBook has one of the finest employee training/knowledge development programs I've ever encountered. It's a rarity to find such a well-developed program in a tech company of its size/age.

Cons

PitchBook is one of the fastest growing companies in Seattle, and it has even shown up on similar national rankings. As such, it’s no surprise that it’s biggest challenge is one of scale. A process/unit of infrastructure that works for a startup likely does not work for a globally distributed company. Practically speaking, this means that communication between departments/teams can be difficult. Furthermore, a more robust middle-management structure is needed to mitigate these challenges and better distribute decision making authority throughout the company. Better understanding who can make decisions and empowering more middle and lower-level employees to do so still remains a challenge. From a design perspective, I think PitchBook needs to improve in the areas of user data gathering and testing both during and after product launches, and making data-driven decisions in general. I know senior management is aware of this need for improvement and at least have the intent of addressing it moving forward.

1.0
Feb 18, 2015
Recommend
CEO approval
Business Outlook

Pros

1. Culture & Environment - Very young, fun organization with a lot of enthusiasm. A lot of talk about the fun culture with Mariners games, beer Fridays and food at company quarterly meetings, and holiday events. The reality is these employee morale events are the bare bones at other companies. The company tries to sell itself as still having a startup type of environment, but it is far beyond the size and age of any normal startup. Company employees primarily are fresh recruits directly out of undergrad seeking their first role in sales and/or marketing. They start with very low pay and if successful on the inside sales team, then progress to the outside sales, marketing or research teams. Long term, most employees don't stick around as the opportunities aren't very exciting - while you can get promoted to new roles, you either continue to do tedious, super detailed research on companies or you continue to do sales and asked to push your quota further and further each year. Very high pressure on increasing sales at an unrealistic rate. Unless your long term goal is to work as a senior analyst with a financial services or brokerage firm, think twice about the career path options. 2. Middle Management Team - All of the team managers, directors and senior/managing directors are really cool, young employees who started or have most of their careers with the company. They know the company, the business and the industry and are sharp guys. That said, they are young for their levels and do lack management maturity that you would see in companies that focus on leadership development. Additionally, because their experience is limited in working at other companies as leaders, there is little diversity in their leadership qualities as they only know how to see things from the PitchBook perspective. This isn't their fault. Most of this stems from poor leadership coaching of the founder who lacks as effective teacher.

Cons

3. The CEO - While a smart person with a strong passion for the business, the biggest challenge PitchBook faces is the low emotional intelligence quotient of the CEO who has been known to cry in leadership meetings and has burned through a number of high level, outside hires as he doesn't know how to relinquish control as a founder CEO. Various excuses are given for this high turnover of senior leaders, but the common factor is always the CEO. Look at LinkedIn to see the high volume of former leaders who worked at the company that where hired to help grow the business, most of whom worked there less than a year as the CEO pushes them out. 4. The Pay - One of the lowest paying companies in Seattle area for roles in sales, marketing and research compared to what else is available in the market. If you want to make a decent living and quickly grow your salary, this isn't the place to make it happen. Long hours for some fun perks that result in little in your actual pocket and no stock options. Almost unheard of these days to see companies with no stock options. Most of the roles are very silo'd, giving you limited view into the company. Would be better to focus on one of the many hundreds of startups that offer stock options, bonuses and a more exciting culture. 5. Juiced Reviews on Glassdoor - It is well known within the company the CEO advocated employees to post positive reviews on Glassdoor as the company had received a lot of negative reviews in the past. If you go back before early 2014, you will see a majority of negative reviews and then a number of more positive reviews in 2014. Companies with practically no changes in leadership don't all of a sudden get that much better. Do your due diligence with former employees.

Viewing 700 - 702 of 732 Reviews

Glassdoor has 786 PitchBook reviews submitted anonymously by PitchBook employees. Read employee reviews and ratings on Glassdoor to decide if PitchBook is right for you.