Do not invest in, or work at Sharestates - Anonymous employee Sharestates Employee Review

1.0
Dec 5, 2018
Anonymous employee
Recommend
CEO approval
Business outlook

Pros

Some great team members, a good business concept (if it was run properly/ethically). The founders have vast real estate experience and knowledge, and an inspiring backstory. Pro/Con - depends how you feel about DT: The two founders admire and emulate the leadership style of Donald Trump.

Cons

The Davoodi patriarchs of the company have quick tempers and fragile egos, leading to abrupt and immature decisions made during emotional outbursts. The men dismiss staff publicly, on a whim, withhold payment from employees, bully, etc. Sharestates/Atlantis staff remains on its toes because the two founders moods change rapidly. Thanks to the founders' unrelenting hard work, they have had success over the years in real estate. Unfortunately because they do not have the experience to lead a technology company, the Davoodi's make choices that hurt the crowdfunding side of the business. They cut corners, choose cheap (scammy) providers, etc. Reputable startup investment platform, SeedInvest, withdrew its fund's commitment to Sharestates, as well as discouraged its community from investing in Sharestates after it was "discovered that Sharestates had begun distributing quarterly management bonuses using cash they were generating through normal course of operations." Other cons are too serious to be mentioned here.

Explore other reviews about Sharestates

5.0
Jul 29, 2023
Anonymous employee
Recommend
CEO approval
Business outlook

Pros

Plenty of support, great staff, good experience

Cons

Nothing is coming to mind.

2.0
Dec 1, 2025
Recommend
CEO approval
Business outlook

Pros

Nice coworkers. Great team building events.

Cons

Terrible place to work. Sister company controls this company. Lots of favoritism and harsh tones. Very high stress. Not for the weak.

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