They are removing bad reviews! - Anonymous employee POSaBIT Employee Review

1.0
Oct 6, 2023
Anonymous employee
Recommend
CEO approval
Business outlook

Pros

None. Nepotism all around. Don't work here if you have self respect or want any joy in your life.

Cons

Nepotism. Shady upper management. Shady management in general. Told us to lie to shareholders.

Explore other reviews about POSaBIT

5.0
Apr 4, 2026
Recommend
CEO approval
Business outlook

Pros

Great company in a tough industry. They make the tough calls on when to hire or not and manage their budget well. In a normal industry this company would thrive but given the challenges of cannabis it has been hard.

Cons

Cannabis industry is super hard to compete in.

4.0
Sep 11, 2025
Recommend
CEO approval
Business outlook

Pros

It was fun while it lasted. Began as a get it done startup with big potential and ended with middle positioned company hitting their industry ceiling. I would describe the overall management as okay. They managed their cash flows well and did not over raise or over leverage like other startups. Good work/ life balance and fun technical challenges at times.

Cons

Stock options were worthless. They mainly promote from within, with a bit of nepotism and half of industry experts they did hire do not last long term given the changing landscape of the industry. This is a service company and not a tech company. No exit interview which speaks to their lack of a self improvement culture.

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