Pros
- great in the beginning - young culture - can learn from all industries - great stress handling training ground - fast paced - able to do what you want to do - still young, so opportunities for promotions
Cons
- very very inexperienced managers/ C-level managers. Some are as inexperienced as college grads. - the most short sighted web company in the world - the whole company has no idea how to pivot - wrong people in the wrong positions - super quick turnover rate. People quit or get fired ALL the time. On avg., 1 employee leaves per week. - changing or management or positions too fast, to the point where its just devastating to stability - low compensation - biz is not scalable. Sales people are on a never ending journey of revenue targets - in final words...groupon went ipo too soon, because the business needed the fund because essentially the business isnt very scalable. So since the ipo, they need to impress the investors, thus they became short sighted, only looking to squeeze all juice from all sales people. Then what happens is that the company becomes plaqued by this vicious cycle of no technological advancements and only constant pressure on sales people to impress the investors. And prople leave all the time. Also no managers have the mentality of building the company