It's probably going to get worse before it gets better - Anonymous employee Pinwheel (NY) Employee Review

1.0
6 Mar 2023
Anonymous employee
Recommend
CEO approval
Business outlook

Pros

* Interesting industry in the fintech space * Smart and seasoned co-workers for the most part * All positions are remote

Cons

* Layoffs made no sense. What happened to having years of runway even if we don't make another cent? * There are worse and lazier engineers that should have been laid off instead of those who got cut. Those who put in the work daily are devastated by their departure. Those who pretend to have impact are relieved because they and (everyone else here) know that they are the ones that should've been fired * Brand name recognition is poor compared to our competitors. Our entire marketing team also got laid off. I'm not confident that we will fix this * Upper management favoritism and mind games * Sales repeatedly miss their OKRs every quarter, though they insist that they set "ambitious" targets they knew would be difficult to achieve. It defeats the purpose of Objective Key Results * Perks are the bare minimum for a fintech start up

Explore other reviews about Pinwheel (NY)

5.0
19 May 2026
Recommend
CEO approval
Business outlook

Pros

Dynamic fintech has hit its stride and is entering hyper growth phase. Work hard/ play hard environment with focus on winning together. Energetic and talented team, great office, hybrid schedule with 3 days in greenwich village office.

Cons

Start-up still in lean mode. Benefits seem above market for a series B startup but not on par with a large corporate enterprise

4.0
22 Aug 2025
Anonymous employee
Recommend
CEO approval
Business outlook

Pros

- Prior CEO transitioned away from day to day. CFO took over as CEO. Seems positive shift so far. More reasonable expectations, less baggage. Eager to see how things continue to change. - Work/life balance. Work hours are reasonable. No expectation to answer Slack/email 24/7. - Really smart, nice people. Paid lunch through GrubHub when in the office. Often have happy hours in the office or places around Union Sq. - Comp isn't top of market, but healthy. Equity is strong. - PTO for the week between Xmas and New Year's.

Cons

- Shifting expectations. With new leadership, it's not always clear how those expectations differ from before. Indications are that new goals are achievable, less pie in the sky. We'll see. - Team growth has been stagnant. There seems to be more momentum now, but the balance of hiring with cost savings should lean more on hiring.

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