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No vision, brain drain

Software Engineer
Former Employee
Worked at LendingClub for 2 years
July 23, 2017
San Francisco, CA
2.0
Pros

Because there is no sense of urgency or vision, LC is a pretty low pressure place to work, and thus it is a good place for people who want to coast, say if your priority is your kids or family. Benefits are pretty good, too, and the office is right next to BART.

Cons

In the tech org, decisions are made arbitrarily based on some out-of-touch VP's preferences. They are not based on logic, data, or vision. Also, this is an operations-driven company. Operations tells engineering how to implement products and what technologies to use.

This can be soul-crushing for high achievers and visionaries, and has contributed to a lack of progress and massive brain drain.

Advice to Management

Get a visionary and charismatic CTO ASAP who can clean house at the upper management level, including the old timers.

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