Coinbase vs Uber
Need help in evaluating these offers. I haven't gotten official numbers but recruiter told this is what I looking at. Both offers are for SF office. Uber: L4 140-145k base, ~240k in stocks (vested over 4 years) and they can try for bonus. There would be annual bonus but not sure how much. Recruiter mentioned that annual tc would be around 240k with bonus. Coinbase: IC4 160k base, 200k in options (vested over 4 years). They can try for bonus for around 15k. No annual bonus. TC 210k (160k till it goes IPO) Is there any room for negotiation? Next year TC at PayPal would be 165-180K based on stock appreciation. YoE: 6 total (3 in US) Third option would wait till March next year and then I try again for other companies. I have already interviewed at Google, Amazon, Airbnb, Square.
Yoe?
Does coinbase have any weird terms around the beating of their options?
There hasn’t been a better time to join Uber since before mid-2014. Their next earnings is going to be a huge success, then the quarter after will make it clear profitability is on the horizon. Every quarter thereafter will make it increasingly clear and their stock will soar. Meanwhile you’ll negotiate comp based on a stock price in the 20s or low 30s. Over the 4 years you stay there, I can easily see a 50% increase in price, conservative. It’s Facebook in 2012 all over again. I can see potential with coinbase but they still haven’t solved the problem of making crypto currency practical, and I don’t see a killer use case for blockchain other than money. They could figure it out but I think it’s too risky. Also where’s the moat?
Here, you’re welcome: https://youtu.be/CuDGDGAUJGs
I admire your optimism.
Ex-U now Cb. Cb hands down. So much upside. close to have bonus program
DMed
CB has a better culture and about equal engineering without the dogshit burocratic clusterfuck
The Uber offer is mid/low band for L4. Annual target bonus for L4 is currently ~15k up to 2x with multipliers based on performance. Don't expect the compensation committee to give a sign on bonus if they haven't already offered it.
Any tips for the onsite for coinbase ?
Yeah, its a 10% drop from SF offers. Adjusted correctly.
Does coinbase even have a future? Crypto is slowly dying (if not dead already)
What I heard/read is that they are doing pretty well. They have other products like pro and adding new products like custody which is making money. Their goal is to not rely on crypto value.
We're doing very well. Profitable for the last three years. How many startups can say that? And crypto adoption is only increasing. The price of bitcoin is only one metric to watch and I think we'll see a new all time high by 2022.