pay is good if you are looking for good pay remote work good if you know the stack
constant reorg bad culture too much work burnt out feel like resigning everyday
What's going to happen next #tech #layoff
Many crypto exchanges are struggling with volume in last few months. This is expected and we might see more drop in coming months. Coinbase stock dropped over 15% on extended trading season.
https://www.cnbc.com/2022/08/09/coinbase-coin-earnings-q2-2022.html - Coinbase’s revenue declined almost 64% in the quarter as cryptocurrency prices fell. - The exchange operator lowered its full-year forecast for transacting users. - Coinbase said during the quarter it was trimming 18% of headcoun...Read more
https://www.cnbc.com/2022/02/24/coinbase-coin-earnings-q4-2021-.html
Coinbase estimates Q1 revenue jumped nine-fold to about $1.8 billion ahead of public market debut https://www.cnbc.com/2021/04/06/coinbase-reports-estimated-q1-revenue-of-1point8-billion-up-nine-fold.html
In a recession, there is less liquidity in the market. Less liquidity means people spend less which means less revenue for payment providers. Crypto is also hit from lack of liquidity in the market. People had disposable income so they were buying and hodling crypto, now people are getting laid off...Read more
how's has revenue growth looked since 2018? is this article fairly accurate? https://www.bqintel.com/post/coinbase-revenue-profit-2019
"Retail transaction volume shrank by 88% over the prior year while institutional transaction volumes fell by 66%." It is clear that the fake Bitcoin rally is driven by whales buying and selling to one another. https://finance.yahoo.com/news/coinbase-earnings-revenue-losses-beat-expectations-as-vol...Read more
https://www.wsj.com/articles/coinbase-stock-keeps-sliding-ahead-of-earnings-report-11652201758 $50 per share!!! The misses across revenue and other metrics is understandable relative to macro headwinds everyone is dealing with, but what’s with the massive increase in stock based comp, declining us...Read more
Seems Square Cash App really crushed it hard! 1.3B in Q3 revenue from Bitcoin alone. Not even ETH. Just BTC! In one Q! Will it kill off Coinbase, Kraken and others?!
Fortune 500 companies are the biggest companies by revenue. https://www-coindesk-com.cdn.ampproject.org/c/s/www.coindesk.com/business/2022/05/24/coinbase-enters-fortune-500-list-of-biggest-us-companies/?outputType=amp TC: 180k
Down 13% after hours. https://www.cnbc.com/2021/11/09/coinbase-coin-earnings-q3-2021.html Coinbase, the largest cryptocurrency exchange in the U.S., reported third-quarter earnings after the bell on Tuesday and missed analysts’ estimates on revenue. The stock sank more than 13% in extended trading...Read more
Ik it depends on so many factors like how the market/company stock is performing and how much they’re getting in revenue, etc but just in your opinion how long will the hiring freeze/slow down last in big tech (meta, twitter, coinbase etc) tc: 160k
https://techcrunch.com/2022/08/09/coinbases-earnings-fall-short-of-expectations-as-crypto-winter-rages/ Analysts had expected the company to lose $2.65 per share off revenues of $832 million, per averages shared by Yahoo Finance. Per those estimates, Coinbase posted a top-and-bottom line miss. Coi...Read more
Yoe 4 TC offered 47LPA fixed, 5LPA joining bonus, 5-10% perf bonus, ESOPS worth 24LPA REJECTED due to no real product has been developed till now. Using buzzwords only to attract talent. 0 revenue. Working in US timings. Got interview call from recruiter offer email. Going to join fb London or co...Read more
Currently working as a SDE2 in Amazon India. Got offers from Microsoft/Coinbase/Salesforce in India. YOE 3.7 years, TC = 30 base + 11 RSU ( 6 in 2022 and 5 in 2023). Expecting 12 to 15 percent hike this year. Salesforce SMTS role. Revenue cloud team - 45 base + 110K USD stocks for 4 years + 6.75...Read more
Hi All, Can anyone provide me with a referral to Stripe, Coinbase, DocuSign, Airbnb, or Notion? I’m specifically looking to apply for sales operations role. I have 10 yoe in Sales Operations/Revenue Operations working for exclusively SaaS technology companies, made a shift last year to consulting ...Read more
My knowledge is limited, so don't get all triggered and start attacking me. Afaik Coinbase is an exchange / broker for trading crypto currency and other such things. They charge very high fees but other competitors like crypto.com do it for free. So they are rapidly losing market share. https://...Read more
A large portion of their revenue (25% or so) is about to be wiped out by CFTC investigation. Is this the end for them? They claim prop trading (pyramid scam) payouts is only 1% of their “ARR” but this is quite easily disproven. They’re also under investigation for employment misclassification in C...Read more