Definitely not worth it. - Anonymous employee XY Labs Employee Review

1.0
Jun 5, 2019
Anonymous employee
Recommend
CEO approval
Business outlook

Pros

Very talented individuals in their fields. If you like blockchain and crypto it’s a fun industry to work in, but you’ll be very busy.

Cons

Be wary of all the good reviews, employees were **highly encouraged** to leave glowing reviews after only working there for a month. Company will hire and fire like crazy, hasn’t figured out how to scale the business. One founder is disrespectful, misogynistic, and that’s his actual business model for engaging his followers.

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XY Labs Response
7y
Thank you so much for contributing feedback. I realize it's not easy and it puts you at risk of sharing your honest feedback, but we at XY value every single piece of feedback our current and former employees provide us because it enables us to adjust, grow and get better. First, I wholeheartedly agree! We have some amazingly talented individuals on our team. And yes, if you like Blockchain and Crypto, this is a very fun place to be! We encourage our employees to provide feedback to our HR Team and on websites such as this so that we can see how we can improve our culture. That said, it comes across as if you're insinuating that we encourage our employees to leave inaccurately positive reviews. This is not the case at all. In fact, some of our current employees who are with us today have left reviews that were not glowing, but 4 Stars, for instance. We much rather would have positive and realistic reviews than inaccurately positive ones. Our company has had to make a major adjustment to our focus and go back to being a Blockchain Technology Company (not a marketing company). While this has been extremely difficult, as it's hard to say goodbye to our friends in positions that are no longer part of the plan, we feel it was the best decision for our Customers, our Shareholders, and our Community. Regarding your comment about one founder being "disrespectful, misogynistic, and that’s his actual business model for engaging his followers". I am guessing you're referring to the tone of the weekly show we do for our community. I personally took this concern to the Co-founder you are referring to and he wanted me to provide this response to you personally: "If I ever have come across as disrespectful and misogynistic, I sincerely apologize. This in no way reflects my character and values -- my best friend in life is my sister and I'm extremely close with my mom who would be all over my case if she ever knew someone had accused me as coming across as misogynistic. I will take a serious audit of my demeanor and make sure I prevent any more instances of this being perceived." Thank you for your feedback in having empathy for our employees! I'm grateful you believed in what XY/XYO is doing. I would like to assure you: the group here and the Co-founders wholeheartedly believe in the vision of XY/XYO and we intend to make you proud for helping us build it. All the best and thank you, and all of our former teams for helping us get to where we are today!

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5.0
Mar 27, 2025
Recommend
CEO approval
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Pros

They keep putting up with me, who am I to complain? Work from home for everyone eligible, which includes almost all employees and contractors. And unlimited, performance-based PTO. This is a great place to work if you're creative, self-motivated, a problem-solver, and can work under flexible conditions.

Cons

They're going to work you. You're going to WORK for this company. There will be lulls, and there will also be times when it's. Kicking. Your. Butt. This company has a hard startup culture, so you'd better be prepared for it. You're also going to have to self-motivate because nobody is going to stand over you with a whip, you have to be able to work hard and independently. It's not for everyone.

5.0
Feb 15, 2025
Recommend
CEO approval
Business outlook

Pros

bueatiful very nice company everyone is good

Cons

non, all was great no one was bad

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