Pros
The open office concept feels startup-y
Cons
Microventures flits from one major equity crowdfunding trend to the next. Never trying to be the best, just trying to keep up with FOMO.
When Title III was approved they began a partnership with a larger crowdfunding entity to scale—a partnership that quickly dissolved.
When Crypto was all the rage in late 2017 they stuck their toe in with an investing round that held investors money until they got regulatory cold feet and pulled out entirely from the crypto space. It took months to return the money and by the time they did the crypto market was a shadow of its former self.
Most recently, and perhaps most ignobly, they rushed to form a 501(c)(3) when the 2020 pandemic hit, sweet PPP loan money notwithstanding of course… A charity which they have since wiped from their site but exists in cached form if you search for it.
Don’t buy the quarterly and yearly “discretionary” performance bonuses that are used as a motivator and incentive for reward and run counter to the FLSA. They pay what they want and they pay themselves first.
Brokers were once paid a commission structure which was transformed into salaried positions, leaving management to keep the commissions for themselves. It was not uncommon for certain persons to come to the sales floor and say, “Make me some money!”
Just don’t do it. Don’t buy it. It is really not worth the headache.