Taro Logo

Once a promising star past its prime

Software Engineer
Former Employee
Worked at Wealthfront for 2 years
July 13, 2018
Redwood City, California
2.0
Doesn't RecommendNeutral OutlookNo CEO Opinion
Pros

The development environment is the engineers' heaven. The code is well-architected and thoroughly tested, and you can run everything offline. TDD and CI/CD make you super productive. You can basically write the tests, implement your code, run tests locally to make sure it behaves as expected, submit your PR, get it approved, and let the systems do the rest. If everything goes well, your code will be in production in 30 minutes.

Most of the engineers are from top schools. If you are a new graduate, you will learn a lot in the first few years.

Cons

The production environment is so outdated. Most of the services, except data infrastructure (which is the only cloud-native one), run on dedicated servers, so you can't use anything AWS or GCP.

On-call is a nightmare. On average, you get paged once or twice a day, no matter if it is office hours, midnights, or weekends. You are expected to fix it immediately since these issues are either user-facing or money-related.

If you are an experienced engineer, you join as E4. This is basically the top of the ladder, since E5 or above is only for old-timers or insiders. The leadership team created some guidelines and rules, for example, promotion criteria and expected tenure in each level. However, you also keep seeing exceptions. When these exceptions don't happen to you, you know you are not among the insiders.

Advice to Management

Be honest and transparent about unreal valuation and unpractical trajectory in the past few years.

Respect the employees that can't or don't want to wait and reimburse their losses, and reward the ones that are still willing to stay with you.

Issue RSUs instead of options, otherwise you take advantage of the employees. Most of them can't afford to exercise even just the vested options.

Embrace new technologies and modernize the production environment. Don't hire industrial veterans if you don't listen to them. Give employees a career path to grow, even for the senior ones.

Was this helpful?

Wealthfront Interview Experiences