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Plaid Careers
- Website www.plaid.com
- Industry Financial Services
- Locations San Francisco, CA
- Founded 2012
- Size 201 to 500 employees
- Salary -
Plaid empowers innovators by providing access to the financial system through technology. Its intelligent and developed tools allow every customer to solve their problems with Plaid as well as have satisfying consumer experiences. Plaid has started with its unique technical infrastructure APIs that enable consumers to connect with traditional financial intuitions and developers. By adding key insights to its data access, Plaid has started to provide its suite of analytics products.
Plaid Reviews
Ratings by Category
- 4.0 Career Growth
- 4.3 Work - Life Balance
- 4.0 Compensation / Benefits
- 4.5 Company Culture
- 4.1 Management
“Lack of Sales Compensation & Operations”
ProsOpportunity to learn about payments and fintech
Nice coworkers
Future of work model is great
ZP is super geniune and awesome
ConsAlmost half of the strategic sales team has
left including a leader, mostly due to lack of sales opportunities and our compensation model
Candidates reject offers internally and externally but the leadership team thinks it’s fair market. Seems weird when we’re trying to ramp up growth
Plaid pays 50% less in sales commission when selling to existing customers when most sales organizations pay the same payout to incentivize growth. Very concerning that an 80% margin co can’t comp our sales team more to ramp up the growth engine. They make it hard to make $ in other ways.
Sales team wastes a ton of time / money with not even knowing who we should be selling to. Bizops provides sales reps territories that are irrelevant to plaids use cases and value propositions
While we try to defend our valuation, like
most growth oriented companies, I’d suggest investing more into our sales ops and not underpay sales talent by 30-50% - they’re going to continue to leave - and the product doesn’t just sell itself.
Solution:
- Build better territories
- Pay sales people more ( you’re out of market ), both in commissions and in base
- Sales people will be happier and will sell more
- And we will grow faster
Plaid Posts
- TrendingPlaid Valuation Speculate. Go. Got an offer this month. how much higher than 13.4 billion is their valuation? how to value their equity tc 550k L6 plaid TC 650k l6 #plaid #startups #tech
- Trendingvote Plaid v.s. Rippling Got offers from Plaid and Rippling. Plaid: TC 500K Rippling: TC 540K 240K-ish Base for both and the rest is equity (both are in RSU). Plaid seems to have pretty good culture. My only concern is about the upside with the 13B valuation. Any suggestions on the offer and why? Current TC 420K, YOE 8
- TrendingIs Plaid overvalued? Plaid is doing a great SaaS business. I can see it would enjoy a 30x revenue valuation. Hardly see any competitors. Some risk: (1) US GDPR, likely sponsored by credit companies, (2) real-time ACH settlement (3) data breach event (4) fintech sector melt down in past quarter I personally feel a bit
- Trendingvote Plaid vs Brex I'm interviewing for a Senior PM role at these companies. Anyone have insight in PM culture there? If I got offers for both companies, which should I pick and why. I can post my offers here once I get it. #pm #productmanagement
Plaid News


The CMA has cleared Visa’s anticipated purchase of fintech start-up Plaid.
Plaid Salaries
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Apr 8, 2022Front Desk Coordinator
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Apr 21, 2022Software Engineering Manager - Dashboard Platform
Plaid - San Francisco, CA
Apr 20, 2022