Young, young glum and croak place - Anonymous employee TenX Employee Review

2.0
13 Dec 2019
Anonymous employee
Recommend
CEO approval
Business outlook

Pros

I joined TenX when it was a small team of not more than 12-15 employees and I’d seen the company throughout different stages, struggles, challenges, and accomplishments. After over two years we’d grown by 5 fold. We were trying to figure out things together as we go and I’m glad I was able to contribute to different areas i.e. branding, product management, project management, quality assurance, company key values and principles (aka culture), hiring, processes, HR, etc. - An overall friendly environment with quite a few really bright minds to learn from and to work with. - Relatively open to dialogue and changes work ethics. Although, there’s some getting people on-board and some holding hands into it. - Resilient in nature, TenX went through a lot of challenges and rough patches and strived through. - Well-funded startup with a big fan base. Which can be both exciting and stressful due to responsibility for their expectations. - You can contribute to the company in different ways, not necessarily directly related to your job scope if you choose to. - Beautiful office with all imaginable perks and full package with insurance and all.

Cons

TenX is a young company that is on the verge of figuring out things so it might feel a bit chaotic. It has both worlds of freedom (and flexibility) and policies. The two can clash at times but if you find a way to balance those and manage expectations you can enjoy the benefits of freedom and can feel the impact. - Clashes of product, startup, corporate, and engineering mindsets. - Many changes, not all of which are well thought or for a good cause. - Incompetent management, leadership, and no direction. - Juggling between corporate policy ethics and flexible results-oriented ethics. - Lack of experience in product development. - Some individuals are overtly protective and can get political. - Poor hiring, stay, exit process. Hiring wrong people, letting go the right ones. - Poor people and product skills.

Explore other reviews about TenX

1.0
8 Dec 2023
Recommend
CEO approval
Business outlook

Pros

Great people as individuals and a great network of buyers from all across the country!

Cons

Extremely unorganized. It’s straight up east coast vs west coast. Anytime something goes wrong the finger pointing starts. Very few people own their mistakes and even fewer understand their clients frustrations with the platform. On top Of that you have an auction company that does not pay on deals less than $650k which is ridiculous in this debt market and an asset in palm beach that is 1.5M could be less than 650k in an inferior market. Further, the team is obsessed with Trade rate and constantly making the numbers look better than they are. The company simply refuses to acknowledge that there are way too many cooks in the kitchen on every deal. Go ahead and ask any client, they’ll say the same. The company will never be profitable bc of the ongoing fight between operations and sales. Everyone wants the credit but nobody wants the blame.

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