Anyone know how much Coupang is offering to directors there (L7s from Amazon)? Base, stock, starting bonus?
L7 (Sr Principal / Director) base is between 175kand 215k base with 20% bonus. Purchasable Options will vary based on where you want to land in your base pay. The more base, the less options. The less base, the more options. Starting bonus also varies depending on your negotiation skills, skill set, and needs of the role.
Is that salary for Seattle or for Seoul?
Is coupang gonna be IPO in Korea or In USA ?
USA.
Oh ok. I only see Asian engineers in LinkedIn that’s why .
Amazon TC for L7 will be around 450K and i doubt Coupang will match. https://www.levels.fyi/salary/Amazon/SE/Principal-SDE/
How about L8 Director Of product role in Seoul?
L8 is Sr Director. The pay if you’re qualified would mean you’d be living like a king in Seoul with the 220k+ base. Remember we are Pre IPO so we get options and not RSUs.
How do the bonuses work? Is the 20% cash closer to 10%? Are options part of the mix?
heard bad stories about Coupang. not sure if it’s good place to work. talking about MV office
Now they're going to IPO soon as everyone says... still worthless?
WeWorks and Coupang have nothing in common except their main investor. Do you call all companies that are backed by SB as WeWorks 2.0?
Agree, Coupang is E-commerce with own delivery, uber eats like CouEats, Netflix like Streaming, Ad business and more. Coupang is absolutely $50billion business and growth you can only imagine. WeWorks and Coupang has no similarities. Softbank has funded many other successful companies as well. I’ll buy Coupang if it opens up around $50/share. I love my PDD and SE investments.
Agreed Coupang is nice business in Korea. The question is how much is there valuation, since they made no profits in last 10 years, it should be 2 or 3B business and not anywhere close to 50B. SB just increases the valuation just to pocket retail investors money. I doubt Coupang will IPO any time in this decade.
What is the salary for l7 directors in Korea? Non tech
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