Alpaca Reviews

3.6

70% would recommend to a friend

(51 total reviews)

68% positive business outlook

Alpaca has an employee rating of 3.6 out of 5 stars, based on 51 company reviews on Glassdoor which indicates that most employees have a good working experience there. The Alpaca employee rating is in line with the average (within 1 standard deviation) for employers within the Information Technology industry (3.9 stars).

Reviews by job title

51 reviews
1.0
25 Jan 2024

A scale up that's completely lost and constantly lies

Anonymous employee
Recommend
CEO approval
Business outlook

Pros

- Fully remote. Which is nice because if it was in-office you'd probably find the CEO, VPs, and managers all singing Strangers in Paradise.

Cons

- High degree of nepotism. Unless you can get in, or are brought in, by someone high up you don't stand a chance. - Overinflated titles. - Many in the company, including the VPs, don't know what an ETF is yet alone the difference between a basis point and a percentage point. - CEO had a KPI of 'empathy' one month. This is coming from someone with zero emotional intelligence. Just listen to Alpaca's podcast. Specifically episode 14 at the 19:45 minute mark to see how much EQ the CEO has. - KPIs change monthly. One month we're told what our KPIs are. The next month during the all-hands call we're told 'we're doing this again because tried to measure too many KPIs'. - No competitive advantage and they're going up against major players who have been in the industry for decades. - Still unable to make a profit and the company's evaluation is dropping. - They love internal meetings. On Fridays I had three hours on internal meetings and one manager even complained when one of our meetings only lasted 15 minutes and not 30 because we simply didn't need the entire 30 minutes.

1.0
26 Dec 2023
Recommend
CEO approval
Business outlook

Pros

- Remote-only - Flexible time off - Good people around

Cons

- No job security. Entire product team was laid off for no reason. - No good financial outlook. Company had three series of layoffs in 18 months. - No competitve advantage. Competitors in the market keep taking clients away from Alpaca. - Founders. Founders are still running this as an 8-person startup.

2.0
18 Dec 2023

Many internal issues - be wary

Anonymous employee
Recommend
CEO approval
Business outlook

Pros

Remote company and allows you to work anywhere. If you can get on the inside of a couple of execs at the company, you will be able to run with many different ideas. Some departments have good life balance,

Cons

Constant shift in direction on strategy. Leaders chase shiny objects without much thought if it makes sense from a market perspective. There are some execs that people despise greatly and clear they don't understand what's going on. There have been many layoffs. Some that were announced, others that are silent where they get rid of almost entire departments. There is very little loyalty here and if they find a cheaper replacement, you are out. Don't get fooled that they care about you or your career. Product is weak and has not been iterated on. Several parts of the org are on just keep the lights on mode. While some depts have good life balance, others are beyond stretched thing and there has been a hiring freeze for forever.

Viewing 1 - 3 of 51 Reviews

Glassdoor has 63 Alpaca reviews submitted anonymously by Alpaca employees. Read employee reviews and ratings on Glassdoor to decide if Alpaca is right for you.