Is it true that Coinbase will offer it's employees a one time mid year refresher because of their stock price crashing by 80%? #coinbase #crypto #startup #tech #brianarmstrong #fintech #recruiting #hiringfreeze #layoff #layoffs #softwareengineer #software #engineer #robinhood #trading #stocks #stock #stockmarket
I had an offer. It was 175k for Sr. Value is fixed. Not units. No upside if the stock goes low.
Yes
Yup true
Care to elaborate more? Does that happen to your surprise? Or that was known as part of the package? How is the amount calculated?
It’s less than 10% of the annual grant amount and it’s a one time grant. It’s something, but not enough to substantially compensate the fall in stock
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