Recently joined but feel completely mis-sold - beware!! - Anonymous employee Ankorstore Employee Review

Once you join you realise that the company is built on hype and nonsense and doesn't really know what its doing. The whole strategy is basically "let's try and copy Faire but not do such a good job". They are recruiting like mad at the moment as they've raised a big funding round, but the onboarding and management is an absolute farce. Processes are awful, managers don't know what they're doing, and there are lots of second rate people hanging around getting away with doing a bad job. Culture is very white/male/French - the only way to be listened to is to act the same way. I strongly suggest avoiding Ankorstore if you are a female or minority candidate. Perhaps the worst thing is that once you've joined and cut through the hype you realise the business model makes no sense. Seems like business is barely growing on previous month and yet has all this funding (I guess because the VCs had missed Faire?) so is throwing money at the wall trying to bribe stores and brands and hiring lots of B players. When you speak to brands and stores it becomes obvious that they all think Faire is a million times better and we're just copying them, badly. But there is zero willingness from management to listen and most of these B player colleagues seem to believe the hype. It feels like a third rate cult sometimes. Equity is tiny and compensation is also below market, on the basis that you're joining such an amazing tech business and they're raising more money blah blah blah