BitGo Reviews

4.4

88% would recommend to a friend

(195 total reviews)

Mike Belshe

91% approve of CEO

87% positive business outlook

BitGo has an employee rating of 4.4 out of 5 stars, based on 195 company reviews on Glassdoor which indicates that most employees have an excellent working experience there. The BitGo employee rating is in line with the average (within 1 standard deviation) for employers within the Finance industry (3.7 stars).

Reviews by job title

195 reviews
1.0
15 Nov 2022

Avoid at all cost

Recommend
CEO approval
Business outlook

Pros

1. Smart Engineers around you 2. Engineering is passionate about building new/strong solution 3. Health insurance is covered

Cons

The amount of politics, favoritism this company (~300 employee) has I have not seen in even firms of 10K employee size. In a nutshell product org just owns entire organization and engineering has least saying to it. Previous product head (now promoted) has control over everything. Brought bunch of PMs from his previous org or through contacts regardless of their experience, talent or aptitude. All new PMs were thereafter commanded to make engineering environment as chaotic as possible, making sure engineering never runs smoothly or deliver right product at right time. As a result, product lunches always delay resulting in BitGo losing grounds to competitor. And the scape goat of these delays is always engineering. They recently laid off almost 100 people with just 15 days of severance. Most of those employees were either from engineering or another department but not product. CEO somehow seem to be blind folded on engineering issues and trying his best to sell this company (has been trying from last couple of years) but didn't succeed. Their four core values have nothing related to employee care or growth that itself speaks a lot about how much they care about their people

2.0
12 Jul 2022
Recommend
CEO approval
Business outlook

Pros

* Cool technologies - you actually learn and work on new things * Unique customer base - opportunity to learn some of crypto business * Software Engineers - the ones who joined early and who CEO didn't layoff formed a usual tech bro circle, but they are nice, solid people, actually

Cons

* The company is being sold - so it is on its last legs, CEO is trying to make the deal happen. There is a breakup fee in case it doesn't happen. * CEO promised 33% bonus to people who stayed in march, when he needed them to stick around to renegotiate the deal. Then company hired another 100 people in the next few months, without a bonus promise. Then crypto winter happened in June. Then in July everybody who took the bait to stay in Match were laid off. Zero Bonus. lol. Really coward move. * The pay is average, not best silicon valley level. * Company values are great. But with regards to open communication the company is hypocritical for hiding from employees that they have been loosing money and then laying off so many people with virtually no severance. And of course no 33% bonus. Again really cowardly.

1.0
16 Feb 2022

Old Tech, Out of date CEO

Recommend
CEO approval
Business outlook

Pros

Original employees, at least those who are actually left (minus the CEO), are all intelligent and hardworking. Benefits paid for 100%

Cons

1. Laid off 20% of the firm at the beginning of COVID without warning. Most employees think COVID was an excuse to cover for the company underperforming. 2. Pompous CEO who is stuck on outdated technology (probably the reason he was looking to be acquired rather than innovate). 3. 75% of the leadership team left together to go Prime Trust in 2020. 4. Lack of leadership and direction. 5. Extremely high turnover, most new employees do not last very long. 6. Low Pay

Viewing 1 - 3 of 195 Reviews

Glassdoor has 229 BitGo reviews submitted anonymously by BitGo employees. Read employee reviews and ratings on Glassdoor to decide if BitGo is right for you.