|
private:midaxo
|
https://www.glassdoor.com?employer_id=1273111
|
Feb 2nd, 2021 12:00AM
|
Open
|
Open
|
Midaxo
|
Sales
|
United States
|
USA
|
Good company, good people
|
|
Everyone works together to build to each other up and idea of pushing forward is believed by all.
|
Disconnect between departments seems to be apparent.
|
-1.0
|
NEGATIVE
|
0.0
|
NEUTRAL
|
|
|
0.0
|
3.0
|
4.0
|
3.0
|
3.0
|
3.0
|
5.0
|
|
1273111
|
Open
|
I enjoyed my time and if Midaxo continues to strive forward, I think it’ll become great. Trust the team
|
0.0
|
[]
|
REGULAR
|
No
|
No
|
|
0.0
|
|
|
|
Mar 21st, 2021 09:08PM
|
Mar 21st, 2021 09:08PM
|
Midaxo
|
Technology
|
Software & Computer Services
|
|
private:midaxo
|
https://www.glassdoor.com?employer_id=1273111
|
Aug 7th, 2020 12:00AM
|
Open
|
Open
|
Midaxo
|
Sales
|
United States
|
USA
|
From high potential, to a cataclysmic failure
|
|
Learned a ton in my career here, wore many hats when the company was early on which required fast-thinking and fast acting for young and ambitious employees who ultimately ran the company. Met many great individuals who were in the trenches that ultimately ran the company during what felt like an entire career with a void of leadership at Midaxo.
|
The decline of Midaxo can be measured in a multitude of ways - but the main attributes in no particular order are 1) customer churn 2) employee churn and 3) revenue decline.
From a promising young company, Midaxo hit many leadership roadblocks as the company accelerated in growth. When the latest leadership cult arrived, it was the final nail in the coffin for this once young, prospering start-up. The ultimate demise of the company is the current sales leadership, which stems from the tolerance from the CEO and board for allowing it. the sales leadership is no more qualified to direct traffic, let alone lead an organization to revenue growth and success. It's no wonder half the organization either left or was fired, the revenue has declined year over year in recent times, and customer churn has been a substantial problem in the last year.
|
-1.0
|
NEGATIVE
|
-1.0
|
NEGATIVE
|
0.0
|
NO_OPINION
|
13.0
|
2.0
|
2.0
|
1.0
|
1.0
|
1.0
|
1.0
|
|
1273111
|
Open
|
I can't offer anymore advice. I did everything I could while I was there to coach, mentor, lead, motivate, and advance the team. You've dug your own grave, and now you have to deal with the consequences of it.
|
0.0
|
[{"countHelpful": 0, "languageId": "eng", "userJobTitle": null, "__typename": "EmployerResponse", "originalLanguageId": null, "id": 2792981, "responseDateTime": "2020-10-05T08:24:46.663", "translationMethod": null, "response": "Dear From High Potential,\n\nThank you for your review and feedback. \n\nI am delighted that you found the company and our mission exciting. It is indeed fulfilling to enable thought-leaders to succeed in their complex and demanding work! \n\nI was troubled, however, to hear that you felt unappreciated toward the end of your tenure and that the company had, in your mind, taken a bad turn. \n\nWe share the facts and figures in our company meetings for all team members to see. The points you make about growth, etc. are wrong, as you undoubtedly know if you worked at Midaxo. They are not even worth commenting further. \n\nAs companies grow, they face new challenges and opportunities. Past the startup phase, the work becomes more structured, organized, and collaborative. Some team members thrive in the initial creative and experimental thunderstorm, and some enjoy the more predictable process. You could be a startup person who has have experienced that shift at Midaxo. \n\nI hope you carry good memories and lessons learned from Midaxo and have found an exciting new path. \n\nPing me directly if there is anything I can do to help.\n\nRegards,\n\nAri Salonen, CEO", "responseOriginal": null, "countNotHelpful": 0}]
|
REGULAR
|
No
|
No
|
|
4.0
|
|
|
|
Mar 21st, 2021 09:08PM
|
Mar 21st, 2021 09:08PM
|
Midaxo
|
Technology
|
Software & Computer Services
|
|
private:midaxo
|
https://www.glassdoor.com?employer_id=1273111
|
Apr 19th, 2020 12:00AM
|
Open
|
Open
|
Midaxo
|
|
Finland
|
FIN
|
Such a shame
|
|
Product brings value to customers, or at least it did; structured customer feedback to engineering is so nonexistent it’s difficult to say how they feel about the product nowadays. What data there is would suggest that a significant number are dissatisfied.
|
Culture is extremely toxic and attrition rate is unbelievable. Feedback culture can be summed up as “WE succeed - YOU fail”.
New initiatives / ways of working / orgs are announced without warning and most are just abandoned midstream. For instance, in the beginning of the year a development consultant was introduced to the Engineering team. His mandate was to improve the perceived “development issues” and the team was told to expect him to be closely involved with planning for at least the next couple of months. In the end he facilitated one session and was never heard from again. No concrete explanation was ever given for what the “development issues” were (“failure to get stuff done” is a rather poor metric). Nor was there ever any reason given why the collaboration between Midaxo and the consultant fizzled out so quickly.
Feature bloat is a real concern, since development has all the hallmarks of being driven by the HIPPO model.
|
-1.0
|
NEGATIVE
|
-1.0
|
NEGATIVE
|
-1.0
|
DISAPPROVE
|
9.0
|
1.0
|
2.0
|
1.0
|
1.0
|
4.0
|
1.0
|
|
1273111
|
Open
|
You don’t need me to tell you this, but it’s probably time to cut your losses and sell the company.
|
0.0
|
[{"countHelpful": 0, "languageId": "eng", "userJobTitle": null, "__typename": "EmployerResponse", "originalLanguageId": null, "id": 2603288, "responseDateTime": "2020-04-27T14:23:33.43", "translationMethod": null, "response": "Dear Such a Shame,\n\nThank you for sharing your perspective. \n\nSince we introduced a new product and engineering management approach at the beginning of the year, we have launched more new product capabilities and received more positive feedback on the product progress than we have ever before. \n\nWhile we do our best to help everyone succeed and communicate to our best ability, even positive changes come with growing pains. It\u2019s not always possible to keep everyone informed of every action.\n\nWe are sorry to hear that you didn\u2019t find a way to succeed at Midaxo and wish you the best at your next endeavor.\n\nBest regards,\n\nKalle Kilpi\nCo-founder, Chief Solutions Officer", "responseOriginal": null, "countNotHelpful": 0}]
|
REGULAR
|
No
|
No
|
|
0.0
|
|
|
|
Mar 21st, 2021 09:08PM
|
Mar 21st, 2021 09:08PM
|
Midaxo
|
Technology
|
Software & Computer Services
|
|
private:midaxo
|
https://www.glassdoor.com?employer_id=1273111
|
Apr 6th, 2020 12:00AM
|
Open
|
Open
|
Midaxo
|
Business Development Representative
|
United States
|
USA
|
Loved Working Here
|
|
Fast-paced, Up-Beat, Intelligent Colleagues, Unique Product, Opportunity For growth
|
I dont have any cons, it was a pleasure to work here
|
1.0
|
POSITIVE
|
|
|
1.0
|
APPROVE
|
2.0
|
5.0
|
5.0
|
5.0
|
5.0
|
4.0
|
5.0
|
|
1273111
|
Open
|
|
0.0
|
[]
|
REGULAR
|
No
|
Yes
|
|
1.0
|
|
|
|
Mar 21st, 2021 09:08PM
|
Mar 21st, 2021 09:08PM
|
Midaxo
|
Technology
|
Software & Computer Services
|
|
private:midaxo
|
https://www.glassdoor.com?employer_id=1273111
|
Feb 19th, 2020 12:00AM
|
Open
|
Open
|
Midaxo
|
|
Helsinki, Southern Finland
|
|
I am glad I'm gone
|
|
The company used to have a good product and a solid team with really smart people. Some of our customers were a top class companies and our product helped them grow.
It was a job and I got paid.
Free beer, health insurance covering private healthcare in Finland, a massage chair in the office.
|
Backstabbing, toxic culture maintained by the leaders of the company. You never know who's going next. The management team has no idea what they are doing. They pushed out or fired all the people who actually knew how to do their job. They went because they were trying to improve the situation but the CEO and some of his peers don't want to give up their power.
So we ended up with a chaotic roadmap which was just a list of Kalle's wishes and deadlines that has almost no base in what the customers actually needed. We invested man-years of work into features that nobody needed.
The result is a product with feature bloat and many of the features unfinished. No wonders nobody wants to buy that.
The high turnover of people puts the company in this kind of paralysis of waiting and looking for their next savior, but also having someone to blame for the bad results after they realize what the CEO is like and leave (or get fired). The results of the company actually started looking quite bad although the CEO and COO were really trying hard to paint the picture with the bright colors. I don't think anybody actually believed what they were saying.
|
-1.0
|
NEGATIVE
|
-1.0
|
NEGATIVE
|
-1.0
|
DISAPPROVE
|
12.0
|
1.0
|
4.0
|
1.0
|
1.0
|
3.0
|
1.0
|
|
1273111
|
Open
|
I tried for years, but they do not want to hear any advice.
|
0.0
|
[{"countHelpful": 0, "languageId": "eng", "userJobTitle": null, "__typename": "EmployerResponse", "originalLanguageId": null, "id": 2603341, "responseDateTime": "2020-04-27T15:11:19.327", "translationMethod": null, "response": "Dear I Am Glad I'm Gone,\n\nThank you for your views.\n\nIt is true that we have to change the product roadmap, refine our go-to-market approach, and adjust virtually every aspect of the company on an ongoing basis to become as good as we possibly can be.\n\nIt is also true that we have strong convictions even in some unproven ideas and that we try out new ways to provide constant value to our clients in this emerging field of digital corporate development. Our clients manage some of the largest M&A transactions in the world, which requires a robust, multifaceted, and constantly improving product. \n\nWhat is not true is that we would go backward or that we would be paralyzed and unable to take action.\n\nStart-ups and growth companies are not for everyone. A larger company may provide less change and uncertainty if that is your preference.\n\nWe wish you the best in your new position. \n\nBest regards,\n\nKalle Kilpi\nCo-founder, Chief Solutions Officer", "responseOriginal": null, "countNotHelpful": 0}]
|
REGULAR
|
No
|
No
|
|
4.0
|
|
|
|
Mar 21st, 2021 09:08PM
|
Mar 21st, 2021 09:08PM
|
Midaxo
|
Technology
|
Software & Computer Services
|
|
private:midaxo
|
https://www.glassdoor.com?employer_id=1273111
|
Feb 18th, 2020 12:00AM
|
Open
|
Open
|
Midaxo
|
|
Helsinki, Southern Finland
|
|
Avoid this company
|
|
Nice office with free beer on Fridays
|
Toxic company culture, incompetent top management, CEO is a liar big time. Lower that average salaries for some and very high salaries for others. Very high attrition rate.
|
-1.0
|
NEGATIVE
|
-1.0
|
NEGATIVE
|
-1.0
|
DISAPPROVE
|
11.0
|
1.0
|
4.0
|
1.0
|
2.0
|
2.0
|
1.0
|
|
1273111
|
Open
|
Stop oppressing people who had guts to tell you the truth. Stop listen to self-proclaimed "experts-in-everything". Fire CEO.
|
0.0
|
[]
|
REGULAR
|
No
|
Yes
|
|
1.0
|
|
|
|
Mar 21st, 2021 09:08PM
|
Mar 21st, 2021 09:08PM
|
Midaxo
|
Technology
|
Software & Computer Services
|
|
private:midaxo
|
https://www.glassdoor.com?employer_id=1273111
|
Feb 14th, 2020 12:00AM
|
Open
|
Open
|
Midaxo
|
|
Finland
|
FIN
|
Avoid at all cost
|
|
Great office location, friendly international colleagues.
|
The CEO is completely clueless and he seems to base his decisions on articles he finds online. He will preach about open lines of communication and wanting the best idea to win, but this is all lies and smoke. In fact, if you challenge any idea or speak your mind on certain matters. Then you are placed in the dog house, with little to no chance of ever advancing at Midaxo. In fact, last year (2019), as many as 52 people were fired or let go. You can not tell me that this is "how it is at a startup". The company is 9 years old now and growing pains can no longer be used as an excuse.
In fact, the whole management team is clueless and are the root cause for the toxic environment there is at Midaxo. There is zero love for employees and not even a thank you.
The current COO (former VP of Sales) was promoted suddenly and without any reason other the the CEO figured it would make Midaxo look bigger on the international scene. The same COO fired all the sales guys and hired his own friends and former colleagues just weeks into the job. So the current sales team struggle to hit numbers because nobody knows the M&A space at all. Yet, the amazing CEO, COO and co-founder Kalle, can see this. They are blind as bats!
Midaxo had a great product years ago and good traction. Now all the other platforms are light-years ahead.
|
-1.0
|
NEGATIVE
|
-1.0
|
NEGATIVE
|
-1.0
|
DISAPPROVE
|
10.0
|
1.0
|
2.0
|
1.0
|
1.0
|
1.0
|
1.0
|
|
1273111
|
Open
|
Sell the company while you still can. The recent investment by existing investors will not happen again and its about time to move on. In addition, stop lying to the board and employees about the state of the company and the financial data.
Do not hide the truth! Be open about it.
|
0.0
|
[{"countHelpful": 0, "languageId": "eng", "userJobTitle": "VP, Global Sales", "__typename": "EmployerResponse", "originalLanguageId": null, "id": 2606406, "responseDateTime": "2020-04-30T09:17:30.79", "translationMethod": null, "response": "Dear Avoid at all cost,\n\nThe Glassdoor platform support anonymity well, but I have to ask if you have even worked at Midaxo. All of your points are factually very off, and your tone doesn\u2019t match with our culture. \n\nLet me start with the most obvious: I am a Chief Customer Officer, not the COO. The Midaxo team and customers running M&A deals that hit the Wall Street Journal\u2019s front page would disagree about other platforms being \u201clight-years ahead\u201d. And, to further improve the best-in-class solution for digital corporate development, our phenomenal development team is constantly adding significant updates and modules. As the list goes on, I do feel sorry that you feel this way about our company. I truly hope you find clarity and success in your future endeavors\n\nBest, \nGreg Spano\nChief Customer Officer", "responseOriginal": null, "countNotHelpful": 0}]
|
REGULAR
|
No
|
No
|
|
0.0
|
|
|
|
Mar 21st, 2021 09:08PM
|
Mar 21st, 2021 09:08PM
|
Midaxo
|
Technology
|
Software & Computer Services
|
|
private:midaxo
|
https://www.glassdoor.com?employer_id=1273111
|
Oct 15th, 2019 12:00AM
|
Open
|
Open
|
Midaxo
|
Director
|
Boston, MA
|
|
Great growing company with industry leading technology
|
|
The leader in the M&A software space, Midaxo has a great product with terrific industry experts leading the teams. There have been many changes in 2019 and all of them for the good. The leadership is putting systems and process in place to greatly improve efficiencies and be able to provide great value for clients.
The culture is great and fun, with a cool office in a great location. The benefits are excellent compared to previous tech companies I have worked for.
|
The negatives all have to do with growing pains and the leadership team is working to rectify these issues.
|
1.0
|
POSITIVE
|
1.0
|
POSITIVE
|
1.0
|
APPROVE
|
2.0
|
5.0
|
5.0
|
5.0
|
4.0
|
5.0
|
5.0
|
|
1273111
|
Open
|
Keep doing what you are doing! It will payoff in the long run.
|
0.0
|
[]
|
REGULAR
|
No
|
Yes
|
|
1.0
|
|
|
|
Mar 21st, 2021 09:08PM
|
Mar 21st, 2021 09:08PM
|
Midaxo
|
Technology
|
Software & Computer Services
|
|
private:midaxo
|
https://www.glassdoor.com?employer_id=1273111
|
Oct 12th, 2019 12:00AM
|
Open
|
Open
|
Midaxo
|
BDR
|
United States
|
USA
|
Typical startup with growing pains
|
|
-Good snacks
-Nice people
-Nice office space
|
-Difficult product to sell that no one wants to buy
|
|
|
|
|
|
|
6.0
|
2.0
|
2.0
|
0.0
|
0.0
|
0.0
|
0.0
|
|
1273111
|
Open
|
|
0.0
|
[]
|
REGULAR
|
No
|
Yes
|
|
0.0
|
|
|
|
Mar 21st, 2021 09:08PM
|
Mar 21st, 2021 09:08PM
|
Midaxo
|
Technology
|
Software & Computer Services
|
|
private:midaxo
|
https://www.glassdoor.com?employer_id=1273111
|
Jul 11th, 2019 12:00AM
|
Open
|
Open
|
Midaxo
|
Business Development Representative
|
Boston, MA
|
|
In with the new
|
|
Amazing people, best in class product, great office, good benefits and an one hell of an education in M&A and software sales.
|
Too many company meetings and side conversations about transparency. Feels like the random negative reviews are getting to mangement. As part of the BDR team I have no idea where these things are coming from. Everyone has been super helpful and clear with just about everything. When they haven't the leadership team rallys quickly to fix it. My guess is the bad reviews point to some things from last year. Also somebody needs to restock the beer fridge.
|
1.0
|
POSITIVE
|
1.0
|
POSITIVE
|
1.0
|
APPROVE
|
2.0
|
5.0
|
5.0
|
5.0
|
5.0
|
5.0
|
5.0
|
|
1273111
|
Open
|
Lunch and learns instead morning meetings. More story based M&A training. Advice to the negative reviewers; I’m not seeing your side of the story, but if you’re unhappy there are plenty of jobs in the market.
|
0.0
|
[]
|
REGULAR
|
No
|
Yes
|
|
1.0
|
|
|
|
Mar 21st, 2021 09:08PM
|
Mar 21st, 2021 09:08PM
|
Midaxo
|
Technology
|
Software & Computer Services
|