Don't fall for empty promises - Anonymous employee Koosmik Employee Review

2.0
20 Feb 2020
Anonymous employee
Recommend
CEO approval
Business outlook

Pros

I worked at Koosmik full-time for more than 3 years Pros - The project itself is amazing and has a virtuous mission - The team members were innovating auto-entrepreneurs with genuine passion - Working in the leap-frogging African markets is an exceptional opportunity - Reasonably flexible working environment and own Mac + phone

Cons

- Current CEO is overly obsessed with glory, procedures and appearance at the expense of the product value and market needs and causing a disconnect with other members of the team - A lot of manipulation happens with current leadership and adversity between team members is preferred to harmony - Lots of promises are made, falsehoods are spread. The one value prop of a startup is the distribution of equity, unfortunately, even when the team pleaded this promise was never delivered - Ultimately the team is expendable since they were all let go without compensation or valid explanation - Compensation was minimal and career growth was limited

Explore other reviews about Koosmik

5.0
12 Jan 2020
Recommend
CEO approval
Business outlook

Pros

I arrived at Koosmik in July 2019 as part of an internship. From Day 1, the CEO welcomed me with open arms. I became part of the team, and was given important responsibilities even if I had solely a junior status. I was brought along to multiple high-caliber events (Ministry for Foreign Affairs, Vivatech 2019 & more recently CES 2020). Pro's: - Laudable vision: Fighting for financial inclusion in West Africa - New ideas are encouraged and appreciated - A culture of "doing" is promoted - A positive vibe can be felt in the office (e.g. team lunch is often the norm) - All employees are empowered, even when at the low end of the organizational structure - CEO walks the talk. Expects others to do the same. - Top management keeps its word: I was promised to go to CES 2020 and I did indeed attend the show in Las Vegas. - There are talented people in the team coming from diverse backgrounds. A lot can be learned from each other.

Cons

- Communication between different departments could be improved - A clearer pecking order for projects should be defined, as they can sometimes get lost in the weeds

1
5.0
14 Oct 2021
Recommend
CEO approval
Business outlook

Pros

Great spirit, founded and managed by geeks and entrepreneurs (not financial banksters) Staff is very skilled and experienced, even interns Every great idea can be heard and everybody belongs (enhanced multicultural and diversity) Financial Inclusion is a great sustainable mission

Cons

No confort zone at all Very hard to match expectations and commitment of the existing team, highly demanding staff, maybe too much results driven Not a company for the average motivated person Since 2020 recruitment only open to candidates speaking english and with a previous employer or colleague recommendation

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