What does 1 star even mean? Very helpful . Our community is ready to answer. Beyond the lifestyle, food, and amazing weather that Canadians benefit from , it is above all the people that I was lucky enough to work with that I will miss the most. Don't let other's opinions cloud your judgment before you've had the chance to explore for yourself. Could be a challenge if you are a seasoned professional but if you are willing to accept that you have a job then you have nothing to worry about. After 3 incredible years spent as an active member of the Canadian tech ecosystem, I am moving to London with White Star Capital to focus on investments in the UK, France, and the Nordics. Six months into our marketing efforts, the app had already broken into the top 5 ranking on iOs in Canada. I would have loved to stay. Welcoming submissions re: startup education, tech trends, product, design, hiring, growth, investing, and more. There is very little room to advance. The most popular employee benefit reviews mention employee discounts, 401k plans and health insurance. Entrepreneurs, academics and corporates alike can also be found in what has become the epicenters of innovation in Canada, with an aim to catalyze serendipity amongst all layers of the ecosystem. Increasing round sizes as the startups mature: The average deal size was $6.1M, the highest since 1999 and 44% higher than 2015 ($4.2M). Your content should be related to jobs you have held (or interviews you have had) within the last five years so its relevant to todays job seeker.". It is with a heavy heart that I part ways with my beloved Canada. Learning and geeking out on new tech trends on a daily basis, non-stop. At the end of the day, that person probably just wasn't a good fit for that company - but that's not something they're going to admit. Overall not a bad company to work for. I'm sure there are exceptions, but think about it People are impulsive and they over-exaggerate - whether its in the moment or they really just want to have some effect on the overall outcome of a situation. After a year into the role, I switched my focus to help launch the apps ground marketing operations in a series of countries worldwide, splitting my time between Montreal and our HQs in LA. Its a mix of Canadians natural qualities and a common realization of the opportunity that lies ahead to reshape the economy. Im grateful for the opportunity to get professional work experience in the finance field. I will now be working (and learning) alongside Christian Hernandez and Nick Stocks. One individual I had gotten closer to, JF Marcoux, was however instrumental in how I started thinking about my next career move. Maybe very few contractors rate a company they're working with, but honestly I wanted to give a positive review to the company because I'm really happy working with them. Use online reviews as an additional resource, do not take them as fact. To view or add a comment, sign in The truth is, it hasnt changed much in how it feels. Exciting stuff ahead! What is the interview process like at Lone Star Capital Bank? Reviews Don't Necessarily Reflect the Entire Company. If you have great Glassdoor reviews - it is impossible to determine how many of those reviews were left by choice. So what even entices people to write a review on Glassdoor? Ask a question about working or interviewing at Lone Star Capital Bank. Accessibility, Disability and Accommodation, 3.7 out of 5 stars for Compensation/Benefits, 4.0 out of 5 stars for Job Security/Advancement. Thanks to Katie illuminating article which I agreed . I recently spoke to someone who told me about a company with amazing online reviews and beautiful pictures of the office - but the office didn't even exist yet and was still under construction. Really? However, the commute for me was too much. Also, let me highlight again their statement "should submit one review" - bringing me to my next point 2. Going from operator to VC has taught me a lot: heres a look back at my recent journey and lessons. Create Self-Expansion: Implementing Who Not How in your life and business. Can someone out there help? Of course they're aware, every company has its own experiences and obstacles - but dwelling on the past doesn't solve anything. It is learn as you go and some of the work can be very confusing to someone who has never worked in banking. I would say this is a ok position for someone just starting in banking. I've talked to quite a few different sources, from hiring managers, to employees, to interns - and there are very few people who write positive reviews unless they've been asked to do so. Most companies take into account the negative reviews, and when necessary make changes in their organization. I've got mixed feelings about the claim on # 3: "At the end of the day, that person probably just wasn't a good fit for that company - but that's not something they're going to admit." At the same time, if someone has a vengeance for any reason against a company, Glassdoor is a great avenue to take advantage. A lot of things can change in 5 years, and if you've worked your ass of to change things in your organization those reviews will haunt your business for a long time. Make intros (using double opt-in) if it is mutually beneficial to both the entrepreneur and the person in your network. Per year? I learned how to say no (about 99% of the time), how to challenge and always ask why (thank you Lylan), how to reflect on my experiences and give useful feedback , how to build relationships intelligently (thank you Alex), how to quadruple check my work (thank you JF), and so much more in just over a year. If youre building or investing in companies in FinTech, Disruptive Commerce, IoT, or AI in the cities above, please do get in touch by email here: edouard@whitestarvc.com. This is an immediate red flag because there's no verification system, so although there may be great reviews for a company, they could all just be posted by HR and you end up reading a bunch of reviews that are BS. Stay humble and keep in mind that you wont know more about their business than the person pitching you and if you do, its probably not the right team to back.
9. Working with a small team again, composed of 7 experienced investors between New York, London, and Montreal (only JF + his future Analyst). Glassdoor's guidelines state that: "Each individual should submit only one review, per employer, per year, per review type (e.g. My adventure at White Star therefore started in January 2016, and its hard to imagine how I could have made a better choice. Suddenly I had "shadow" staff that I never employed giving merciless calculated attacks on my company . Why We Invested in SOURCE Global: The solar opportunity for drinking water, Fintech: Unlocking new opportunities for wealth creation and preservation, Quarterly Journal of Italian VCQ1 2022. wonderful place to work for, competitive benefits and pay. There is no formal training as a personal banker. I would say their other problem is they want way too much information to just use their site.
Visit our submission form here: https://airtable.com/shrShpeN89HrzCzOB, Co-Founder and CEO @ Mantra Health www.mantrahealth.com, True Religion Brand Jeans Co-founder Kym Gold: 5 Things You Need to be a Highly Effective Leader, Entrepreneurs need patience, relationships to succeed in Myanmar: Alex Wicks, Karzo, Lindsay Kritzer of Rachio: Five Things You Need To Be A Highly Effective Leader During Turbulent. Stories, tips, and learnings from and for startups around the world. Would work for them again if there was a position closer to home. I have several similar bad review as Cynthia . Although this is great to spark a relationship with founders, youll only get so far by playing good cop and youre not actually being helpful. Capital Group Generally, when I have a great experience, writing an online review is not my first thought - which brings me to my next point 3. 8. City-data reports 62 locations for Starbucks in San Antonio and 30 H-E-B stores. People who write reviews are most likely going to be strongly supportive, or strongly opposed. There's Nothing Stopping Someone From Posting Multiple Reviews. Culture in any one division or location for a company can be influenced by one experience, one situation, or even one great or terrible leader so its difficult to determine validity of reviews in relation to the company as a whole. That's a sign you probably shouldn't rely on those reviews to make a decision affecting your future career. J. Companies often interview hundreds, even thousands of candidates per year depending on their size across different locations - but the amount of people who actually post reviews is also very low. But when you're working for a company that has very different people, in very different locations - especially around the world - it's very difficult to ensure company values are being practiced in an ideal manner at every office. So much that when I heard about the Analyst opening at his VC firm White Star Capital, it became an obvious next step for multiple reasons: and so many other reasons, from combining my interests in finance and technology, to making a day job out of being helpful to entrepreneurs. Give feedback to founders on which milestones they should hit to raise their round. Chick-fil-A If a female employee faced unwanted sexual advances and then got fired for reporting the inappropriate behavior, I wouldn't blame her for feeling vindictive. Ever look up reviews on Glassdoor and come across only 1 and 5 star reviews, but nothing in between? "It takes 20 years to build a reputation and five minutes to ruin it." That is very annoying and not user friendly at all. Do people not realize that companies are aware of their negative reviews? However, if a company has changed the way they operate for the better, that doesn't stop someone from writing a negative review today, even if they left the company over a year ago. Maybe I'm crazy to want that. I am really grateful for all the trust thats been given to me by JF and the partnership in this role; attending 50+ events to represent the fund, meeting with hundreds of founders, and leading due diligence on two Series A transactions Salesfloor and IMMUNIO. Employers make employees sign contracts to not insult the company or leadership and negative reviews can be cause for sueing former employees. One may criticize my taste in weather, but what can you do. Ask employees about the bad reviews during your interview - they will either address them or ignore them all together. After a bit of research, I've come up with 10 reasons why you shouldn't trust Glassdoor: 1. White House Office of Consumer Affair. Do these reviews help you learn more about. A symbol of that is the MaRs District in Toronto as well as the Espace CDPQ (where we moved offices) in Montreal located just under WeWork, where the majority of VCs have their offices. Hyatt But yet they insist on it to look at any company reviews. In my mind you need to have the right combination of analytical, a passion for tech, and people skills. Per review type? In its 2016 full year report, heres what the CVCA features as highlights (all figures in CAD): In very Canadian fashion, people in the community are collaborative and always willing to help. A lot can happen in 5 years, 2 years, or even 6 months. Glassdoor is the primary resource, and for a majority, the only resource that individuals go to when researching their next potential employer. White Star was bullish on Canada from Day 1 for all those reasons, and its now become one of our comparative advantages when talking to foreign entrepreneurs, VCs, and LPs. They seem to have dominated that space with no significant competition, yet nobody really questions their reliability. I'm also not inferring that all reviews are inaccurate. Now the company has a rating of 4.2 stars. 7. The opportunity to work and learn directly from JF a successful entrepreneur who was a former banker was unique. A lot of companies exist on Glassdoor, yet they often have offices in multiple locations and/or have different teams that come with different cultures & work environments. If you are skeptical about a company you're interviewing with due to negative reviews online - see for yourself. There are no real guidelines that Glassdoor gives users to decide which star rating is satisfactory for their situation - which mean all reviews are based on opinion and individual perspective. However, there is no way that Glassdoor would know whether or not an employer was incentivizing employees to write good reviews. A lot of processes are yet to be built and we all wear many hats. She has reported on several high-profile stories during her career at KSAT and specializes in trending news and things to do around Texas and San Antonio. I really enjoyed the people I worked directly with at the Bank. Balance that with his experience on startup struggles in order t0 dig into the companys biggest challenges. There are more reasons. Good work environment, celebrate special days, laid back. In that scenario, that has nothing to do with the employee "being a good fit." All this is even after one has taken the step to log in. 6. The question I get asked most often is how does it feel to transition from a startup to a VC?. Interested in submitting? If an experience is positive, someone will most likely rate the company 5 stars, and if negative, they're most likely rating the company 1 star. Most junior VCs will be good at any two of those things, and try to strengthen the third. How do you feel about going to work each day at Lone Star Capital Bank. Trends are being led by ICT: with almost $2B invested in 330 deals, with six of the top ten 2016 deals being in this sector. Employers Offer Rewards to Employees for Good Reviews. Mary Claire Patton has been a journalist with KSAT 12 since 2015. Montreal is home to 248,000 post-secondary students, making it the city with the largest density of students in North America. I just want to offer my two cents about how I think their rating system is dubious after reviewing a company as a long-term contractor. - Warren Buffet. To view or add a comment, sign in, The fact that they force you to put in a salary review before using their website makes it so flawed because a lot of people don't want to do that and would rather fill inaccurate information just to be able to get the info they need from glass door (which is staring at them by the way). There definitely could be a more accurate way to give candidates insight into a company, and I can't wait for someone to come up with a better system. To all my Canadian friends, keep up the amazing work and hustle I will be back soon. Alternatively, some candidates place so much importance on these reviews, that they won't even apply or speak to anyone from your company because of it. People are also able to post reviews from an anonymous location, which is unreliable and useless for potential candidates to take into account as there is no way to determine if that review is relevant to the office they'd be working from. Talk about mentors, I will be splitting my time between London and other cities such as Stockholm and Paris, sourcing deals and building our relationships with all relevant stakeholders. It was 2+ years of non-stop learning experiences, in a job with extremely quick feedback loops, working alongside exceptionally talented people. Its now time to go home, or at least somewhat (Im from Switzerland). Everyone is nice and it's like a family. Take Amazon for example, they have over 15K reviews on Glassdoor, yet they have over 300K employees now, that's only makes up 5% of the current employee population - not taking into account that many reviews are posted by former employees. There's nothing stopping someone from creating another Glassdoor account with a different email to post multiple positive OR negative reviews, therefore skewing the company's score and diminishing Glassdoor's reliability. The reviews are highly opinionated and based on individual perspective, and there is no way for Glassdoor to verify whether the statements made are true or false. Glassdoor misrepresents the pay of adjuct faculty at EVERY college and university listed on their website. Root cause shady business model . I was inspired by his vision, the project and fascinated by the virality that the product had generated in the US. As my first professional job out of university was a great learning experience. I don't know. A focus on internationalizing early stage companies, with a strong thesis on mobile. So - if someone follows the guidelines, the same person can post 5 reviews in 5 years that affect the company's overall rating as well as their interview process rating. Does anyone that gets fired from a company really post a 3-4 star review? I loved working for this company and if there were any advancement opportunities in the field I want to pursue, then I would stay with the company! Europe is small and the opportunity to come back closer to my friends and family was tempting. Even Glassdoor encourages writing reviews for companies that you've worked for in the last 5 years. It's unethical, but it still happens all the time. If they won't address them it's probably a red flag. What is the hiring process for remote jobs at Lone Star Capital Bank? White Star is a three year old company thats raised an initial round of $70m, operating in the tech industry and with ambitions to grow really fast. Reviews Don't Always Reflect a Company's Current Situation. Around 13% of dissatisfied customers tell more than 20 people. Starbucks. Learned a lot from my experience at the bank. The system is completely flawed, and neither the good or bad reviews can really be trusted as a reliable resource. Job security; work/personal life balance; lots of opportunity to learn and gain experience. Ive said my goodbyes in person and you know who you are, thank you again for everything. The point of this post is to relay that individuals should think twice before making a decision that affects their future career solely from the reviews that anonymous people write online. If you look at how many people write reviews on Glassdoor compared to the number of people who actually work for a company, it's a very small group. (So people wont risk getting sued.) "A dissatisfied customer will tell between 9-15 people about their experience. Cannot find a place to get in touch with Glassdoor to ask; In parallel, I had gotten increasingly involved in the growing tech ecosystem in Montreal, mentoring companies at McGills Dobson Centre and meeting founders who were building startups in a wide variety of sectors. SAN ANTONIO Job search site Glassdoor released lists for the best places to work around the country for 2018. You can only confirm reviews are an accurate representation of a company if you confirm them yourself through interviews and/or your network, there's only so much truth you can get online. When I first started working for LSCB, I never planned on actually staying, it was one of those, eh we'll see where this takes us. Ideally, every company would be encompassing their core values with every hire, in every division, in every location. I recently spoke to someone who said their company had around 1.5 stars, so the CEO went around to employees and gave them a $250 gift card for writing good reviews - which he had to approve before they posted. That says a lot about the true culture of the company. I would say executive management isnt at the top of the list. Everyone has their own opinion of what those ratings should stand for. It all began in September 2013, serendipitously meeting Tinders co-founder, Justin Mateen. When you filter through hundreds of decks every month, the founders you end up meeting usually have a pretty solid pitch ready (at the Series A level), and my natural reaction in the first few weeks was to quickly jump into the companys product roadmap and brainstorm on growth hacks. It's simply blatant hostility / sexism. Good place if you are starting out fresh and trying to get experience. "Beware of false knowledge; it is more dangerous than ignorance" - George Bernard Shaw. The Ratio of Reviews to Employees is Unreliable. This is important because it shows everyones willingness to collaborate on deals and to push in the same direction. The continuity with my previous experience was extremely attractive. How does one know the outcome? A good VC will manage to: And more, which I think is brilliantly covered in this piece. Heres a list of the top 9 places to work in San Antonio, according to Glassdoor reviews: HEB People get angry so they rant, and Glassdoor makes it easy to get your negative opinions in front of a very vulnerable audience. Note: This is only my opinion, and not a representation of anyone's views but my own. But I will not give in ! 2016 was such an exciting year to be a VC in Canada: Unlike other regions like the US and Asia, which saw both quarterly deals and dollars decline vs 2015, Canada ended Q4'2016 with a 27% increase in deals and 49% spike in funding from the previous quarter. Additionally, people who interview with a company can also rate their experience. A record breaking year: At $3.2B, 2016 VC investment exceeded 2015 by 41% ($2.3B) and is the highest on record since 2001. But the rating system is entirely designed for full-time employees and not set up to let contractors offer input that could be helpful to fellow long-term contractors. Accenture Your review should also be related to jobs you had within 5 years that's a long period of time! If you need help with the Public File, call 210-351-1241. Smile Brands At face value, these sound like sweeping accusations of all peoplemaybe I misread the tone / intention. When applying for a position one never knows if the employer gets the application. Poor Training and No opportunities to advance. Glassdoor states that offering incentives to employees for writing good reviews does not follow their community guidelines. Crew When the CFO tells you this is the way it has always been and this person pays my bills and proceed to tell you maybe this may not be the place for you. LOCAL:San Antonio mom's hilarious Animoji fail makes national headlines. You pretty much have to wait until someone quits or retires. People are generally starting to realize that you dont have to be in Silicon Valley to build a $B company, More capital available for startups, with Canadian VCs raising larger funds and several new highly relevant players emerging (, Government support for startups, such as the highly competitive R&D tax credits (, Canada is inclusive by nature and the tech community is, And of course the AI boom in Canada which has been widely documented (. More late stage rounds: Eleven $50M+ deals totalled $1B dollars, compared to only five $50M+ deals in 2015 totalling $335M. There's No Employee Verification System. What is the promotion process like at Lone Star Capital Bank? What does 5 stars even mean? In my conversations with entrepreneurs today, I still learn in retrospect from all the mistakes, challenges and successes that came along the way. VERY SHADY AVOID. Grocery retailer H-E-B topped the list for San Antonio with a 4.5 star rating. Of course there are going to be people with negative experiences on Glassdoor - nobody likes to get fired and nobody likes to get told they're rejected after an interview and don't receive an offer. While the former is essentially one of the most influential people in European tech, having led Facebook in EMEA and co-founding White Star, the latter has worked on 30+ VC transactions (at GFC), with previous experiences building/operating startups, and working in corporate development and TMT banking.
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