Stash

How it happened

Stash offered fractional investing and banking aimed at first-time investors, reaching a ~$1.4B valuation in 2021. Growth stalled as funding tightened, and Grab acquired Stash for $425M in February 2025 — below the roughly $660M investors had put in. Glassdoor reviews from 2022 through 2024 traced the slide from inside: after the founders departed and a cost-focused CEO took over, employees counted repeated rounds of layoffs — several reviewers tallied four to seven in about two years, some landing just before the December holidays with thin, inconsistent severance — alongside near-constant reorganizations, a growing ratio of executives to individual contributors, and a pivot toward profitability ahead of an expected sale.

Employee accounts paraphrase anonymous, unverified reviews posted publicly on Glassdoor ↗. See our methodology.