Coinbase vs Palantir vs Rippling
Posting for a friend who doesn’t have an account: Got offers from Coinbase, Palantir, and Rippling for Software Engineer New Grad role, want to hear Blind’s advice over which company to join. Coinbase: 139.5k base, 50k annual equity grant, 7k performance bonus, other benefits worth about 8k annually. Location: Remote. TC: ~205k Palantir: 135k base, 55k equity (220k vesting over 4 years), 30k signing bonus (split over 2 years). Location: NYC. TC: 210k first year, 200k second year, 190k after Rippling: 150k base, 60k equity (240k vesting over 4 years at a 9B valuation), 10k signing bonus. Location: SF. TC: 220k first year, 210k after Hoping to optimize for learning/growth and exit opportunities (I have no big name internships, so I’m slightly worried about not getting interviews 2 years later). WLB is not an issue for me. I would like to hear insights in general over which company is better to join. Thanks. Current TC: 0 YOE: 0
Go for the name brand for a yr or two. Rippling is hella bloated
Yeah, OP. This is the move. You need to optimize for prestige early on and then you can leverage that to parachute elsewhere.
@Workrise What does bloated mean in this context? In terms of engineers or valuation?
Maybe you could try leveraging those other offers to get coinbase to throw in a signing bonus. Or do they not negotiate even on that?
I was told that it was strictly non-negotiable, sadly
Is palantir se or fde? Assuming se, it’s good for growth in the beginning and decent name recognition.
@Palantir Yes! It is for SE. Would you say that the growth and name recognition at Palantir is greater than that of Coinbase?
Hard to say for growth, since I don’t know anyone at coinbase. But Palantir’s whole system is built around leaning into new grads. There’s relatively little senior hiring. In terms of name recognition it depends on your market but Palantir has been around longer and has more notoriety. I’d say probably outside of crypto and maybe fintech more broadly pal has the edge.
Rippling value is significantly bloated. It doesn’t carry any brand weighting either.
$9B? Did Rippling raise another round? They were only at $6.5B when they raised their series C in Nov.
They have not, but that is the valuation they are offering equity to new hires at since March
That's messed up that they would raise 409a valuation for new hires in March considering 2021 valuations like Instacart, Stripe, and Databricks are now very inflated and in Instacart's case marked down 40%.
Rippling isn’t worth 9B
It is in offer