Blow It Up - Anonymous employee Prosper.com Employee Review

1.0
May 3, 2016
Anonymous employee
Recommend
CEO approval
Business outlook

Pros

Benefits are great. So are perks with commuter and wellness reimbursement. Stocked snacks are cool. Innovative ideas within the business model. Too bad they couldn't execute

Cons

The train ran out of track and just fell off the cliff. They just laid off 200 of us to try and improve income performance..... Or decrease loss and cash burn. Or maybe they are trying to create value to sell the business just to deepen execs coffers at the expense of real people with real passion. They let go of their CBO and COO today. Along with 200 other layoffs. Yet they leave two of the main problems on. How on earth can you let that pompous CPO stay when he hasn't done anything to improve the business. You can't improve sales when you have a crap product. And even if you have a great product, it doesn't matter when you bank on three major investors to buy all our loans. Your senior exec in charge of the investment side did nothing to diversify, yet he is still employed. How can you not forecast for what will happen to the business in a down economy when he did not diversify with a larger investor pool. And because of your poor planning and careless behavior, you just significantly affected several people's lives...... In a bad way.

Explore other reviews about Prosper.com

5.0
Apr 27, 2026
Anonymous employee
Recommend
CEO approval
Business outlook

Pros

I have truly enjoyed my time at Prosper. It is a company that offers genuine opportunities to learn, grow, and take on new challenges within your role. I absolutely love my team, my manager, and find the work itself deeply fulfilling. One of the standouts for me is the leadership. Having come from a previous company where leadership was hesitant to make difficult choices, which led to multiple rounds of layoffs, I have a massive appreciation for how Prosper’s leadership operates. They are willing to make short-term, sometimes unpopular decisions because they prioritize the long-term safety and stability of all employees. It is a huge relief to work for a financially stable organization where I can see myself building a long-term career. Prosper is also one of the most diverse companies I have been a part of. From my perspective, the compensation is very competitive compared to other industry ranges I have seen, and the benefits offerings meet my needs.

Cons

While the leadership makes the right calls for long-term stability, the resulting tough decisions can sometimes be difficult to navigate in the moment, the transparency behind the decisions is super helpful.

4.0
Jul 1, 2026
Anonymous employee
Recommend
CEO approval
Business outlook

Pros

Fast-paced environment, able to directly contribute to company goals Good people who genuinely believe in the mission We regularly hear customer testimonials detailing how we've had a positive impact on their lives Leadership is transparent about company performance Only 2 days a week in the office

Cons

The company performed well in 2025, but we didn't see some benefits return until this year which has caused residual frustration Smaller teams offer less growth opportunity Some mid-level leaders manage up very well Pay is okay, but not competitive with larger tech companies

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