I don't think it was Grabr's intention to become a Ponzi Scheme - Anonymous employee Grabr Employee Review

1.0
25 May 2020
Anonymous employee
Recommend
CEO approval
Business outlook

Pros

Some really great teammates, especially in the South American offices. Great work/life balance. Some cool travel opportunities.

Cons

Grabr started out with a pretty incredible vision to upend global commerce. It was a thread-the-needle opportunity that would create a multi-billion dollar business if it was executed with extraordinary precision. It wasn't. The Founders are extremely presentable, very skilled at sales and did an impressive job of raising outside capital. The company had an amazing first couple of years! However, they have virtually no real work experience, chose to insulate themselves with a very young and inexperienced team, and quickly sour on anyone who pointed out potential flaws in their approach or business model. The result is like a bad high school clique, where the founders are the popular kids surrounded by a group of boot lickers that bullies anyone in the company who doesn't make it into the inner circle. "Personal loyalty" to the founders was the thing they valued the most. They would sometimes hire smart, experienced people who would try to steer the company in the right direction, but then quickly sour on them - often treating them very poorly and unprofessionally until they quit. With that foundation, Grabr was doomed to eventually fail and it seems to have now reach that point. While the founders will put all of the blame on Covid, their own mismanagement and questionable judgment are really the culplrits. And a lot of people are getting hurt. The business has had little or no growth for several years, and revenue was inflated with cancelled or duplicate transactions. Venture capital dollars and a brilliant idea to have travelers provide working capital have propped up the business. But as dollars have gotten tighter and tighter, integrity and good judgement have gone out the window. The company was already built on a strategy of lying, cheating and bribing its way through customs (see what the Wall Street Journal had to say on the subject), and now that approach has extended to misdirecting payments meant for travelers to keep the business afloat a little longer. Travelers foot the bill for shoppers' purchases, even though Grabr gets paid upfront. As the company has run out of cash, it has stopped paying travelers, but kept encouraging them to make deliveries and strings them along with promises of payments that are never going to happen. Travelers who work with Grabr thinking they will earn a couple hundred bucks are instead losing a few thousand dollars that they have no hope of ever seeing again. Worse, Grabr continues to string them along to this day, despite knowing that they will never be paid. Social media is strewn with many hundreds of complaints about missing payments. It's a very disappointing end, and sad to see the founders drift from naive decision making to outright ripping many people off.

Explore other reviews about Grabr

5.0
10 Jun 2020
Recommend
CEO approval
Business outlook

Pros

I’ve worked for Grabr for a few years now and I can literally say that working here changed my life. It might seem a bit extreme, but it actually has. And I’ll explain why. Growth within: I started as an intern and I managed to be promoted several times throughout the years. Since the very beginning I always felt I was heard and valued. I had access to every possible resource we had and had the liberty to develop myself as much as I wanted. You can speak freely and know you will be heard. You can join any discussion or meeting you are interested in, even if you don’t want to participate. You can just watch and listen to the people who surround you and learn a great deal from them. I’ve seen other colleagues go from internships to management roles as well, not only myself . But of course, don’t take anything for granted. The vision: The founders have always led the team towards whatever was needed to help the company grow while keeping our values and vision of the company. I think one of the biggest pros of working at Grabr is that you are working to build something that will really IMPACT the world and help millions of people around the globe get what they need, even if they didn’t have access to it in the past, while helping travelers save money on their trips by connecting these 2 entities and letting the magic happen. Results-oriented: Grabr is a data-driven company that will value you for your results, meaning you can easily find your balance between your personal and professional life as long as you prove yourself to be committed and bring results and effort to the table. Again, nothing is taken for granted but if you deliver, you will get rewarded.

Cons

The challenge of being a global team: Being a global travel company is indeed cool, but it comes with some drawbacks: time zones, cultures, communications, etc. Nothing new under the sun but this is probably one of the biggest challenges that Grabr faced in the past. We have team members all around the world and it was sometimes hard to get the flow across departments. Luckily throughout the past year at Grabr, the founders Daria and Artem, have made an enormous effort by gathering all of us many times under one roof. Things have really changed since then and we have become a stronger and more united team after these in-person meetings. Long story short, there is no question that Grabr is a top notch company and a wonderful place to work. It will surely fulfill all your career goals and more.

1
5.0
21 Feb 2020
Recommend
CEO approval
Business outlook

Pros

Small team (50-60) allowed good communication, even though we are spread in several time zones, communication was easy and direct. Artem and Daria always gave the team autonomy to decide and in every time they were needed they were present to help. Great business idea, Grabr begun with such a simple but very impactful idea with lots of possibilities to grow. Flexible hours, just get the job done and nobody will care if you are working less than 8 hours. Working remotely, working at Grabr you could be working from home or from any of the offices worldwide.

Cons

Lack of an analytics team, sometimes decisions were made based of feelings not on data.

1
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