Tech Industry
Yesterday
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Is Israel getting bad PR the reason for banning tik tok?
Tech Industry
Yesterday
3660
BREAKING: Internal sources confirm another round of layoffs just hit emails at Tesla. For real.
Tech Industry
Yesterday
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The man I love hates me because Iโm Vietnamese
Tech Industry
4d
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What happens when most of your team is Indian?
Software Engineering Career
Yesterday
3080
L4 Google -> 45 interviews, 5 offers, AMA
Lol. Youโre most likely to have a 1 year cliff, and you start vesting after first 3 months of employment. So any shares / options issue will be after IPO. You wonโt be getting pre IPO equity.
I mean if he starts before IPO wouldnโt his shares be priced by start date? Not really sure what you mean
AFAIK most companies do their RSU pricing quarterly. Even if they start tomorrow their RSU price will be set in May in the next board meeting which will be after IPO
When is the IPO date?
100bn market cap with 1.3bn revenue? i do think the 120% yoy growth and profit margin is amazing but the market cap is insane imo
congrats to OP and other employees though ๐๐
amazing job and amazing product. just complaining from retail investor perspective lol
Retail investor got screwed again. I was more hopeful about direct listing
Isnโt it direct listing?
it is direct listing but i guess the side effect was that there is no underwriting so i guess coinbase decided to set whatever price they wanted
Imagine those people who joined before January as some entry level recruiter or something. Their $30-50k RSUs package gonna be worth $500k-1M
Their package was at 4b?
Would it be that high? I had a friend working there with 1M RSU package and he quit 1 year ago as he thought Coinbase wouldn't IPO. He would be crying now...
How to buy these pre ipo stocks? I saw somewhere on blind there's an exchange
Equity Zen?
EquityZen. And Nasdaq Private Market or whatever. I think any new hires in Feb and beyond are gonna get a shaft of valuation since prior it was 8bn valuation offers
Coinbase support has been an absolute joke. Two months now with hardly any reply. Iโll most likely be shorting the stock.
Decides to short based on negative experience with support. LOL
That plus a bad experience felt by hundreds others, itโs a common occurrence how terrible their support is. And the fact that their valuation is 10x what it was a year ago without much fundamentals to back it. And that there are two better alternatives: Kraken and Gemini, along with places like PayPal or Robinhood which are now selling Bitcoin too. I just donโt see Coinbase having any type of defensible monopoly, nor a large enough market cap to support its valuation in the future. Plus any company that treats their customers like shit usually are shit.
I am just wondering what robinhood revenue woul be if its that much for coinbase
The thing is that Coinbase is a platform, Robinhood is just an exchange.
What makes coinbase a "platform"?
Does this mean it's too late to join? I was waiting for an offer tomorrow.
What org?
Iโm also waiting for (hopefully) an offer tomorrow ๐