Crypto Sinking Ship - A Crypto StartUp Cosplayer - Software Engineer BlockFi Employee Review

1.0
22 Feb 2022
Recommend
CEO approval
Business outlook

Pros

- Not bad base salary for mid level engineer with 1-2 YR exp - some really smart engineers work here.

Cons

- equity is peanuts which leads to lower motivation to actually help company succeed (increase stake in company leads to higher desire to help company break through current valuation, in my exp) - seems to be a habit of giving managerial roles to engineers who do not deserve to be managers at the current time. a. managers do not listen to engineers desire for different work b. managers show preferential treatment by delegating certain work to specific engineers, thereby stunting engineer growth c. managers show preferential treatment by grading other engineers to a different standard than others - some of the aforementioned really smart engineers are extremely stereotypical really smart engineers: cocky, dismissive, and downright rude. - had a principal engineer on my team make a racist joke in standup and single out other engineers for not laughing - managers also don't understand scope of projects and hire incorrectly (bait and switch role description) - cosplaying as a crypto startup when in actuality they are more like a bank. - SEC drama, layoffs, reorgs - bad interviewing format leads to poor hires which leads to more fires (100% behavioral interview for engineering) - there are better firms that do what we do

Explore other reviews about BlockFi

5.0
15 Apr 2026
Recommend
CEO approval
Business outlook

Pros

Good company culture , great learning

Cons

Low stability, high change in product

4.0
7 Apr 2026
Recommend
CEO approval
Business outlook

Pros

Flexible WLB, WFH, exciting products

Cons

Poor leadership and management, scaled too quickly without establishing solid foundation

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