Tech IndustryJul 9, 2020
Uberhtdvhh

Coinbase vs Doordash vs Binance

I have an offer from all 3 places in their Strategy and Ops teams. Almost similar TC. What do you think?? I think doordash gives me some stability vs coinbase which operates in a Very uncertain world. Any thoughts?? TC- 300k for both jobs

LinkedIn applebyte Jul 9, 2020

I would do Coinbase, they have a ton of superb people on their team. Even if Cypto goes to shit, Coinbase’s infrastructure allows it to be used for so many more use cases. How many YOE do you have? Just curious.

Intuit possession Jul 9, 2020

what are the many more use cases?

LinkedIn applebyte Jul 9, 2020

Coinbase essentially has all the infrastructure to be a payments provider. It just happens to be leveraged for crypto so far, but it can be used for peer to peer transfer, payments for goods and services, and potentially stock listings. Here’s an example of a few cases: - Western Union Money Transfer https://blog.bitseven.com/can-coinbase-pick-up-market-share-from-western-union-and-paypal/ - Peer to Peer Transfer (Venmo) When you send crypto to other Coinbase users, they don’t actually send the coin, they just change it in their DB. Currently everything has to be changed into crypto first, but there’s no reason you couldn’t cut that out or use something like a stable coin to do it.

Affirm xyzabc22 Jul 9, 2020

Coinbase alternate stable revenue streams via institutional crypto custody. They’ve also been profitable. Personally I don’t see doordash being successful long term.

JPMorgan Chase walkabout Jul 9, 2020

Does anyone stay long term these days?

Intuit possession Jul 9, 2020

how do you know cb has been profitable?

New
eshayei Jul 9, 2020

Coinbase team is great. I also believe there is a lot of upside still in crypto.

Uber htdvhh OP Jul 9, 2020

Okay folks. What about coinbase vs Binance??

Timehop bithub Jul 10, 2020

Coinbase.

New
eshayei Jul 9, 2020

Coinbase has a great team still. A lot of opportunity in the US market

OnDeck sidjekawq Jul 9, 2020

Coinbase. DoorDash has too much competition

New
toptoptop Jul 9, 2020

I am bullish on doordash. I would go with them

JPMorgan Chase walkabout Jul 9, 2020

Isn’t 80% of market share between DoorDash, uber and grubhub ?

DoorDash churizo Jul 9, 2020

Doordash c'mon bruh. We dominating

Airbnb yochick Jul 9, 2020

Coinbase. Though both are good options to choose from. Doordash if you're thinking near term 3-5 years and moderate payday. Coinbase if 5ish+ years and huge payday. Much more upside in crypto, and Coinbase has tied themselves together with all the best stuff at the heart of the whole ecosystem.

Coinbase Rqdk88 Jul 10, 2020

Would you recommend Coinbase over something like Stripe/Lyft/Airbnb or FAANG? I joined because I liked Crypto/some of the stuff they were working on, but I also know there’s probably a lot of hype behind those 3 (or similar) for good reason. Also had all the FAANG offers plus msft minus netflix so id assume i could get all/most of them again for new grad. Am I crazy for choosing Coinbase over all of them? My rationale was because I had been at Google before and had 2 other well known internships before that it didn’t matter as much what I decided to do this year (and I got luck in some ways since a lot of internships were cancelled). At the same time it’s a much bigger decision as new grad.

Airbnb yochick Jul 11, 2020

@Rqdk88 As a new grad I would recommend Coinbase over the others. Everyone's risk tolerance is different, but IMO you get 2, maybe 3, shots at the startup lottery (or largest possible potential payday) before you start needing more stability that FAANG or later stage unicorns provide. So no, I don't think your decision was crazy, it was the right choice. And like you said, you can join them later if things don't workout.