Upstart Claimed Company
Upstart is a leading AI lending platform partnering with banks and credit unions to expand access to affordable credit. As we transitioned to being a public company, we’re now poised to leverage our domain expertise and revolutionize every aspect of lending and credit risk evaluation. We’ve recently expanded our offerings to include automobile refinancing and we plan to take on more verticals as the business grows.
Upstart not only supports a large remote workforce, but also has offices in San Mateo, CA; Columbus, OH; and Austin, TX. Most Upstarters join us because they connect with our mission of enabling access to effortless credit based on true risk. read more
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There is too much work and too few results, and stock has been overvalued since the IPO making compensation subpar. The founders and execs are well-paid, and everyone else gets pennies and constant busy work. It's not a good place to work from a personal finance perspective.
What are some of the best things about your team?
Everyone is good at what they do and is generally good to work with.
What is most positive about the culture and environment at your company?
Interactions with team members are good, though limited due to the pivot to remote work.
What does the leadership team need to get better at?
Ensuring that all employees benefit financially, not just them. Focusing on fewer things and doing those things better.
What did you like most about the interview process?
The interview panel were all very nice. The project interview was a bit silly (too little time for too much scope)
What's going wrong and how can it be improved?
Focus on fewer things (lines of business, tech initiatives) and do them better. Voluntary equity cuts for founders to fix the equity debacle among lower-level employees.
Why do you feel undervalued and what would make you feel better about your compensation?
Equity comp was not corrected after the stock crash, leaving packages far less valuable than promised for post-IPO joiners. True-ups were weak, but execs kept getting huge blocks of equity despite poor business performance.
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