There were plenty of bad experiences at mb but the theft of part of the money paid for stock options tops the list. Unfortunately with a base in California, the legal system there makes no financial sense to sue them and they know it.
DO NOT rely on stock options as part of your compensation package. They do not issue a formal invoice for payment. They do not consider other currencies. Their unprofessional finance dept said they want to use paid money to cover their fees that their bank charged them instead of issuing the paid-for stock options. Fees which are their responsibility (and Shareworks let them silently change the details of the payment and award without notice for any reason).
Advancement is related to who you make friends with in office management. There's a reason so many reviews here use the word 'favoritism'. Much of that is based on identify politics as approved in CA.
Gradually execs change so many of us held on for promised positive changes because we really believe in the message and products, but things never change for the better
Mismanagement means most feedback or expert advice doesn't make it up the chain or gets ignored in favour of decisions made in california, regardless of expertise. There's a lot of fake listening and because of that big opportunities are missed while you fix the same mistakes over and over, as other reviews have noted
Senior structure is the source of mismanagment - californian identity politics is their only focus and they spend a lot of time on that in mandatory company meetings at the expense of everything else.
Internal hackathons, idea crowdsourcing etc are run which should be a pro, but they are always handled in california (hq) where people in the room openly say they will vote based on identity, not what was presented (Irony unseen). Since participation is incentivized this bigotry should not be tolerated, but people feel like nothing will be done since its the same from the top and reporting makes you a target.
The handful of skilled employees they have hung onto in each area has dwindled