Terrible Leadership and Toxic Environment for Immigrants and Women - Director StreetShares Employee Review

1.0
May 16, 2019
Recommend
CEO approval
Business outlook

Pros

The people who I met and worked with at StreetShares we’re smart and fun to work with. I have had many long lasting friendships.

Cons

So much drama for a company that favors men! This obvious sexist joke would be a commons occurrence by the CEO. StreetShares’ CEO has a ultra conservative stance on most things. He lets you know this quickly after meeting him his feelings. Although there is nothing wrong or illegal about this the way he builds this into the culture hurt employees especially the women, immigrants and minorities. He was once was reported as saying to a new female employee “a good girl is a busy girl.” He was doing this employees Dad (a Navy officer) a favor by allowing her to be a busy girl vs idk turn to the streets? :/ StreetShares CPO or CIO has a similar conservative stance — I was told she wore a shirt to a company party that states “vets before immigrants” concerning government funding. This was specifically offensive to the immigrants in the office one who interviewed for a job that day. StreetShares hired a few people from Capital One that are known for cheating on partners (while at StreetShares and CapitalOne) and sexually harassing employees. One of them has been reported as “being creepy” and lying about relationship status to other employees including direct reports but no action is taken. Due to the toxic leadership in the company the VPs right below the CEO play political games. Only a few really good people care about growing the business which seems to be floundering as they focus on too small a TAM and don’t focus on marketing. It’s sad was just lost our last good person in this vein.

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StreetShares Response
6y
StreetShares investigated the allegations asserted here and found the following: 1) The "good girl is a busy girl" comment was made by a female employee about herself (it was apparently a saying her dad taught her about having a good work ethic). It was not stated or repeated by the CEO. 2) A female executive did wear a "veterans before immigrants" T-shirt manufactured by a popular veteran-owned clothing company. She was asked by management to not wear the T-shirt again. She has not done so. StreetShares employs mulitple immigrants (including a Founder and 1/3 of our executive team) and about 1/4 of our team are military veterans. Everyone seems to get along well. There have been no other reports or complaints. 3) StreetShares employes multiple former Capital One employees. StreetShares has no knowledge of any employee having problematic behaviors prior to working at StreetShares (including "cheating on partners" or "harrassing" behaviors while employeed at Capital One). Any complaints or allegations of an employee while working at StreetShares would be taken very seriously. Finally, it is worth noting that StreetShares lost a big client in early 2019. This resulted in some layoffs and unhappy employees, one of which posted this response. Nevertheless, all allegations were taken seriously and investigated.

Explore other reviews about StreetShares

5.0
Sep 30, 2022
Recommend
CEO approval
Business outlook

Pros

- Flexible hours - Growth Opportunity - Folks who are really passionate about what they do and their willingness to help you if you are stuck - Great teams and culture - Opportunity to work on things of your interest

Cons

- Recent acquisition means some possible layoffs and cultural shifts. - Pay could be better

5.0
May 7, 2019
Anonymous employee
Recommend
CEO approval
Business outlook

Pros

You are surrounded but some very intelligent people who for the most part are also good people. The environment is laid back but that doesn't mean you don't have to work your butt off. Opportunities to learn and grow are there but not all are so obvious. Overall, StreetShares is a solid place to work with a core of values that I am happy to be apart of.

Cons

Could use better communication skills, as the chain of command seems only to consist of Executives. (That being said, it looks like we are moving in a better direction with this). One executive seems to be killing moral without any other higher ups knowing. His solution to everything is to higher a temp, his man goal in life is to make sure his numbers look huge even if it means pulling data that is the least optimal. When confronted directly about anything in front of people, he will NEVER give you an answer, he states "we should go off line for this" and then when you meet one on one his answer his BS. If you could not tell, this man is the main con of this company from my current perspective.

8
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