Netflix: 450K all cash Coinbase: 206k base + 10% bonus on base(20k) + 175K equity + sign on TBD YOE: 7 + MS TC: 🥜
Can you share interview experience?
450k cash as in base and stocks and bonus right?
Isn’t Netflix’s new base 560? Thought they increased it.
Cash is king
Coinbase stock is very low right now
No good insight here, just empathy. I’m thinking through a similar choice right now just at a higher level. For me, Netflix offer is strong but in my case the CB package actually beats it on raw numbers pretty significantly given I’m remote in lower COL and Netflix is adjusting down for that much more than CB. Results in like a $100k/yr TC difference in the offers. But Netflix is all cash and, of course, it’s Netflix. The culture is just about my ideal work culture in every way. In your case it feels like a slam dunk given the Netflix offer is actually higher.
#1 do you believe in cryptocurrency/blockchain/web? If not join Netflix #2 assuming Netflix is Los Gatos, would you want to move to a LCoL area with a high tech salary? If no, Netflix #3. How do you increase your comp at netflix since it’s just 1 level (I really don’t know). At Coinbase a promotion means another $275k/yr. #4 are you ok with working at a newer company that is less defined and you’ll be dealing with foundational tech problems, or do you want to work at a well established company where that’s not a day to day issue?
Great points! #1 How are promotion tenures at Coinbase? What is the typical tenure to get promoted to Staff? #2 Are you rewarded for dealing with foundational tech problems at CB? #3 Netflix is also a fully remote role.
#1 Not sure about L5 -> L6 I think it’s realistically 2-3 years? I was told L6 -> L7 is about 3 years give or take but it’s not as well defined yet. #2 yes, a lot of the work and focus is specifically on dealing with and improving those foundational problems. Coinbase has the performance multipliers to “reward” that (though my understanding is it’s only about 15% who get the multiplier). #3 is there a change in TC at Netflix based on location? Coinbase does and it’s 10% less on base for mcol and 15% for lcol. Stocks stay the same.
For some reason I thought Netflix paid everyone 500k +, seems like a low offer
Congrats!!! 🎊 Yoe?