Tech IndustryFeb 22, 2022
Twitchbaldbeezos

Coinbase TC - is it worth?

IC4 (L5, one level above new grad) is comprised of 165K base + 5% bonus + 75K equity grant. Sign on can be 10-15% based on interview performance. This would be 165+8.25+75+16.5 =~265 TC, minus annual bonuses based on performance. Perks seem great though (lots of added stipends for health and remote work, unlimited PTO, etc). Is it worth? How does the performance bonus work, and how much is typically granted for an average engineer? Any coinbase ic4s want to share their tc? TC: 240

Coinbase ttyta Feb 22, 2022

Unlimited pto.. LOLz

Apple 581321 Feb 22, 2022

For those unfamiliar with unlimited PTO… 🚩🚩🚩🚩🚩

Twitch baldbeezos OP Feb 22, 2022

Please elaborate LOL. Twitch has unlimited pto and yeah >4weeks a year is gonna get raised eyebrows but otherwise it’s pretty true to what it is

Amazon brdaBezos Feb 22, 2022

You are making a lot at Amazon(based on the fact that your got E4 in CB) and most likely won't benefit from base increase. CB seems like the right path

Coinbase ttyta Feb 22, 2022

Here is my 2 cents. 1. The equity offer is terrible for you. Taking away all the upside. And “protecting” you in the downside. Any other tech company that offers annual vests is stealing from you. 2. Work life balance is so bad you cant even be offline over the weekends. Forget about PTO all together. People get PIP’d left and right for taking PTO. 3. Most top talent is leaving now and starting their own companies or joining other early stage startups. You are walking in with literally 100s of new hires from Amazon. The company culture is shifting to Amazon real fast. Best of luck.

Apple 581321 Feb 22, 2022

This is awesome context. I take one look at Brian Armstrong’s forehead and can only imagine a company full of James Damores. And it sounds like it’s exactly that

Twitch baldbeezos OP Feb 22, 2022

Yikes, my recruiter told me everyone works 9-5 lol. Also the additional week per quarter shutdown seemed great

Coinbase notBrian_ Feb 22, 2022

Coinbase is changing.. good times are over. New Amazonians are ruining it for everyone.

Salesforce C$$Guru Feb 22, 2022

As an interviewer give a no hire to every Amazonian.

Apple siliconbay Feb 22, 2022

I thought everybody made $$$ in coinbase