DungeonsNDemos profile picture
DungeonsNDemos profile picture

DungeonsNDemos

Rolling 20's all day

Big Shot
Politicker
Acclaimed Answer
+10

Trusting a RocketShip?

Just noticed a LI post from someone who works at Better (Linkedin's #1 Top Startups of 2021).

https://www.linkedin.com/pulse/linkedin-top-startups-2021-50-us-companies-rise-linkedin-news/


Apparently they just had a large layoff today.


This gets me thinking; If the #1 startup on the list still does mass firings, how can you trust your next jump?


Might just be the unavoidable blip where they had to cut and I'm completely wrong and they are still great.


***Also you might point out to me that the Linkedin list is Pay to Play and fake as fuck*** I wouldn't doubt it.


Best of luck to anyone who works/worked there.

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23 comments

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braintank
Politicker
11
Enterprise Account Executive
All those lists are pay to play. I used to work for the "best place to work" in the world. We had the person who put the list together join and all hands and basically tell us the CEO and head of HR gave them a pile of money so they could mess with the metrics and make sure they're #1.
DungeonsNDemos
Big Shot
4
Rolling 20's all day
Not sure if that's hilarious or sad..I'm going to go with both.
braintank
Politicker
2
Enterprise Account Executive
the company contributed a lot to charity, and was generous in matching employees contributions. They weren't evil, just misguided.
Diablo
Politicker
1
Sr. AE
Agreed, I have heard this from a pal as well 
Sunbunny31
Politicker
9
Sr Sales Executive 🐰
I worked for one of the greatest companies to work for ...which was very true, unless you were in sales.  Where it SUCKED.  It made me sad, to be honest.

PleaseAdvise
Executive
3
Account Executive
Feel that, Sunbun. Sucks to recognize when you’re in a bad org in a good company.
Sunbunny31
Politicker
1
Sr Sales Executive 🐰
Yeah.   I was very proud to be with that company, but my career sucked.  I got out.   
PleaseAdvise
Executive
1
Account Executive
I was in the same boat not too long ago 😔
Sunbunny31
Politicker
2
Sr Sales Executive 🐰
Wonder if it's the same company.   ;)   You got out, though?
PleaseAdvise
Executive
1
Account Executive
Maybe we sat next to one another BC (Before Covid). Oh yeah. Out and pissed off about new/different shit in this job lol
Sunbunny31
Politicker
3
Sr Sales Executive 🐰
....you're my cat?

(I work remotely).
BmajoR
Arsonist
3
Account Executive
Admittedly I don't know much about them, but looking at their headcounts versus the rest of that list, its quite clear why they had massive layoffs. 
poweredbycaffeine
WR Lieutenant
2
☕️
You can pay a lot of money to be #1 on a list and still shit the bed. That's my takeaway.
returnofthemac
Valued Contributor
2
Account Executive
LOL I personally know several employees at Better - company is an over bloated over funded loan company calling itself fintech. Chopped the bottom 20% of the sales force and guarantee they see a productivity boost. Worser.com
Rallier
Politicker
2
SDR Manager and Consultant
Absolutely do not trust any of those lists. One of the worst companies I've ever worked for is always top of those lists. They are all trash
DungeonsNDemos
Big Shot
0
Rolling 20's all day
The facade is broken. But better that everyone be on the same page
CuriousFox
WR Officer
1
🦊
98% pay to play. 
buckets1
Politicker
1
AE
FWIW mortgage (Better’s industry) is a super volatile industry. Very boom or bust depending on the year and macro-economic factors way outside of any company’s control.
dwightyouignorantsale
Politicker
1
Account Executive
I know my company payed to play on best place to work lists so I’m sure this company did too
KPIMaster
Politicker
1
Enterprise Account Executive
Having just recently switched companies, it’s really hard to determine if a company is worthy of their awards/reviews these days. My advice is reach out to people, who seemed to have been successful and left and ask why.
desperado
Politicker
1
Head of Sales
Got a mortgage thru them and the process was horrid. If they invested in good talent it’d be a different story but most of their employees are brand new to RE and don’t know shit
PhlipOut
Politicker
1
Account Executive
of rocketships at some point fuck up and lay people off, and not just because of covid.

sometimes it's before/after raising money.
maybe they need to get their books in order.

in this case it sounds like softbank gave them loads of cash in exchange for some 'streamlining'
SaaSyBee
Politicker
0
Founder
Eh, can't really feel secure anywhere unfortunately. My game is to grow my savings so I don't actually *need* a job. (I get that this is a privileged position to be in, but guessing my fellow sales champs are making enough money to do this too.) But basically, that way if I do get laid off, it sucks, but it's not the end.

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