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Entrepreneurs Roundtable Accelerator

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The harsh reality: opiniones de empleados con el puesto de Operations Associate en Entrepreneurs Roundtable Accelerator

1,0
15 jun 2023
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Aprobación del CEO
Perspectiva de la empresa

Ventajas

All of the staff (Program Managers, Associates, Global Managers) coordinating the cohorts are really hard working. You will learn a lot, fast. You’ll be exposed to many different Founders and get the chance to connect with them personally. It’s a fast paced environment so you can retain a lot of information about Venture.

Desventajas

Extremely unstaffed office. Employees frequently complain about burn out and stress. No work life balance or acknowledgement of that Poor communication and responsiveness from Managing Directors of the firm due to them not having time allocated for functionally of the office. Lack of transparency around career progression. No employee development programs or an attempt at offering development for employees. No metrics to track employee performance or growth. Power rests solely with the two MDs. You are simply there to execute the Program and cohorts on their behalf - which is a direct quote from one of the MDs. No overtime pay and you will frequently work over your hours. When cohorts are in session, expect to work unpaid over time at least 3days a week. No communication from higher levels on DEI/Diversity attempts Micro management from one MD, and complete lack of response from the other. No balance Frequent politics and conflict in office due to l imbalance of balance of power among higher level staff. Managers frequently yell and berate employees when they are overwhelmed. I’ve seen it happen many times. The entire team is young - and mostly women? on purpose - because they have no problem yelling at young women. Operations has no support. Associate level employee are expected to do manager level work Everyone talks among themselves about how negative the energy can be- but nothing changes because there is no transparency. Team is hesitant to communicate with upper levels. Nepotism can certainly play a factor here so be careful who you’re speaking to

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5,0
6 jun 2024
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Aprobación del CEO
Perspectiva de la empresa

Ventajas

The network really is excellent. I still refer to notes from mentor sessions that occurred years ago. At ERA, you'll actually learn tactics to build product and generate revenue. The team is invested in your success. I left ERA years ago and still consult with Jon and Murat whenever I'm considering a career move. I've worked for several ERA companies since leaving the ERA team. This is a pretty common occurrence for people in the ERA network. If you're willing to work hard, you will get a ton of ownership -- well beyond what you could get anywhere else, early in your career. You have to earn the team's trust, but once you do, you will be given responsibilities that would take you 10 additional years to earn anywhere else. ERA is a generalist investor, so you'll be exposed to a ton of different industries. To give a few examples, when I was there, I worked on investments in fintech, consumer internet, CPG, media/entertainment, and frontier medical diagnostics. There are very few investors with this level of breadth -- it will enable you to learn a ton. In my two years there, I probably saw 3000 startup pitches. We wound up investing in about 50 or so. The level of deal flow is quite high -- you'll get plenty of reps in for evaluating startups. If you're willing to work hard to succeed, this can be a career-defining opportunity.

Desventajas

ERA is a place to launch your career -- it is not a casual, informal, 9-5 job. To gain the trust of the founders you'll work with, you will be expected to perform. So if you're looking to mail it in, this is not the place for you An under-discussed part of venture: not all your companies will be winners. Most VCs will throw in the towel and cut them loose: ERA does not. ERA works as hard to help its struggling companies as it does it surging ones. This is not always fun! You'll have to roll up your sleeves to help companies that e.g. lack a CFO, and need to figure out how to turn 3 months of cash into 12. You'll learn a ton from doing this, but it won't always be fun in the moment

4,0
13 may 2026
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Aprobación del CEO
Perspectiva de la empresa

Ventajas

Great work life balance and company culture

Desventajas

Did not learn a whole lot through the company

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