Misleading practices and unfulfilled grand promises to all stakeholders (employees, clients, investors) - Senior Business Strategist NAX Employee Review

1.0
11 Feb 2024
Recommend
CEO approval
Business outlook

Pros

The only advantage of working at NAX is the flexibility it offers with the option to work both in-person and remotely. This flexibility in work location is a benefit in the current job market as they likely look for other jobs given that employees are snubbed on promised bonuses

Cons

NAX, in my experience, has consistently engaged in dishonest practices. They have made a habit of misleading stakeholders at every level — from employees to clients, during their venture-building process. For employees, NAX has promised bonuses but historically has paid out only about 20% of what was promised, and that too, over an extended period. They offer equity based on highly inflated valuations, creating an illusion of potential wealth that is unlikely to materialize due to their questionable business methods. With investors, NAX is wasteful, channeling funds into superficial demos, presentations, and business cases without developing any substantial product or technology. The company's strategic direction is fickle, having shifted when I started from crypto to eco-friendly initiatives, and then to AI, without any real technology. In many instances, it seems they've resorted to using human effort to simulate what their technology is supposed to achieve. Furthermore, NAX's internal management is chaotic, with frequent mass lay-offs, extremely high attrition (the average person stays for less than a year), and power struggles that manifest in conflicts over position and authority (read the other reviews for additional corroborating support).

Explore other reviews about NAX

5.0
20 May 2024
Recommend
CEO approval
Business outlook

Pros

engaging work and interesting clients

Cons

somewhat disorganised at times, hours can be intense as a result

3.0
27 Mar 2026
Recommend
CEO approval
Business outlook

Pros

good pay and nice employees

Cons

not organized, unstable and no clear objective

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