MicroVentures Reviews

3.0

47% would recommend to a friend

(20 total reviews)

Bill Clark

57% approve of CEO

39% positive business outlook

MicroVentures has an employee rating of 3.0 out of 5 stars, based on 20 company reviews on Glassdoor which indicates that most employees have an average working experience there. The MicroVentures employee rating is in line with the average (within 1 standard deviation) for employers within the Finance industry (3.7 stars).

Reviews by job title

20 reviews
1.0
10 Jul 2020

Just don't do it

Recommend
CEO approval
Business outlook

Pros

The open office concept feels startup-y

Cons

Microventures flits from one major equity crowdfunding trend to the next. Never trying to be the best, just trying to keep up with FOMO. When Title III was approved they began a partnership with a larger crowdfunding entity to scale—a partnership that quickly dissolved. When Crypto was all the rage in late 2017 they stuck their toe in with an investing round that held investors money until they got regulatory cold feet and pulled out entirely from the crypto space. It took months to return the money and by the time they did the crypto market was a shadow of its former self. Most recently, and perhaps most ignobly, they rushed to form a 501(c)(3) when the 2020 pandemic hit, sweet PPP loan money notwithstanding of course… A charity which they have since wiped from their site but exists in cached form if you search for it. Don’t buy the quarterly and yearly “discretionary” performance bonuses that are used as a motivator and incentive for reward and run counter to the FLSA. They pay what they want and they pay themselves first. Brokers were once paid a commission structure which was transformed into salaried positions, leaving management to keep the commissions for themselves. It was not uncommon for certain persons to come to the sales floor and say, “Make me some money!” Just don’t do it. Don’t buy it. It is really not worth the headache.

1.0
8 Sept 2016

Just a job, not a career

Anonymous employee
Recommend
CEO approval
Business outlook

Pros

- Innovative and continually changing industry - Cool office location near campus

Cons

- Toxic culture - Verbal abuse - High turnover I was at MicroVentures for two years and hoped it be a company I'd grow my career with for the long-term. Toxic culture - lack of communication, mistrust, minimal investment in learning and development, unclear expectations. The verbal abuse by management is concerning. I was cursed at regularly - i.e. told to shut up, belittled especially in front of others. In my last year 14 people quit or were let go. The egos of leadership is unprofessional and immature. Management doesn't know how to operate a company and is evidenced by the culture and reoccurring turnover.

1.0
30 Jul 2018

Confusion, Stress, Boredom, and Harassment

Anonymous employee
Recommend
CEO approval
Business outlook

Pros

-Location: MicroVentures has a gorgeous new office in the Domain, close to shops and food, with floor-to-ceiling windows and an open office floorplan. -Office perks: Employees have free snacks and beverages (including beer, though that is limited). Lunch is catered once a week.

Cons

-Leadership: Management holds all the power, making decisions without collaborating or informing employees. After employees are told what to do, management expects immediate acceptance and execution, with no questions asked. If employees don't follow orders or complete tasks incorrectly due to lack of information, management will punish them by chewing them out, threatening their job, or publicly humiliating them. Somehow, management seems to require employees to both be "proactive" without "overstepping boundaries"...without knowing what those boundaries are. Similarly, management has difficulty getting things done on a day-to-day basis but will not giving up ownership or consider delegating tasks to others - tasks just get stuck in limbo for days or weeks. -Lack of professional growth: There is little to no training for new employees. Therefore, new employees are either bored or overwhelmed. On the other hand, skilled/tenured employees cannot contribute new ideas due to leadership's restrictive management style, so their talents are left unused. -Micromanagement: To the extreme. Employees are watched constantly - when they arrive in the morning, when they leave for lunch or any other breaks, how much time their "wasting" throughout the day...and if you make mistakes, your every move is watched to make sure you don't make even a simple mistake in the future. -Office culture: Stereotypical "bro" culture that goes completely against the "Me Too" movement. Sexist and discriminatory language is frequently heard in the office. Some employees seem to have more "perks" than others (e.g. frequent work-from-home days no one else is entitled to). Management is happy to purchase expensive gadgets for the office but runs into difficulty supplying employees with the software needed to do their jobs. Many employees are expected to receive their financial licenses, and MicroVentures will purchase the study materials but there is no support offered prior to the test. Employees are often forced to work very long hours without overtime - NO work-life balance. And management frequently tries to remove holidays from the calendar ever year to get more work out of employees. -Turnover: There is a huge employee turnover problem, to the point where there is an entirely new staff every two years. Therefore, no long-term initiatives can really be implemented or even developed b/c there is such a drastic change month to month.

Viewing 1 - 3 of 20 Reviews

Glassdoor has 21 MicroVentures reviews submitted anonymously by MicroVentures employees. Read employee reviews and ratings on Glassdoor to decide if MicroVentures is right for you.