Just received an offer (237 base, 15% bonus, 275 RSUs). 8 yoe in data science. Overall a competitive offer. Good experience with interviews. I have reservations about crypto but I’m not sure I’ll be able to obtain a matching offer. Also curious on any advice to negotiate a sign in bonus. Current Tc: 300 #coinbase #datascience
I assume 275 rsus is per year. What do refreshers look like ? Also what level is this ? Congrats!
That’s for a staff level position. Not sure about refresher. I should ask.
275 /3?
is anywhere stable? go if you think the opp outweighs the risk
Imo, crypto is done
Great job if you want to be looking for a new one in 6 months.
This
it is likely we may have another round of layoff soon
Coinbase is risky. If you have flexibility and appetite for risk, then this is a good offer
Was laid off last Jan never been happier. No amount of money is with the stress. Leadership is clueless, the market has totally dried up. Work expectations are crazy. Worst job I ever had
Their base layer seems to be doing well, also institutional support seems trending up. Agreed retail seems to be going downhill
Company is going down. There will be paycuts or worse(layoffs)next year
Not good time, please re think on your decision
If you join coinbase be prepared for two things - first, be prepared to find another job at anytime because layoffs are on the table each quarter to meet street expectations; second, be prepared to sell your CB stocks as soon as they vest and reinvest into something that is likely to appreciate, because CB stock has been going down in value every year post grant. Your $275k is translated to RSU units on Feb 20th based on the price around that period and when the first 1/4 vest on May 20th and you get 5-10 days of open trading window to sell right after quarterly results are announced, stock has always been lower in value. All that said, there are good people and good work in pockets and it is fully remote still. But if you are not all-in on crypto, you won’t enjoy it for very long.
Barely 10% of the company works on direct crypto. But yes I agree you need to believe in crypto to survive here, else you'll be demotivated seeing our leadership
Well, except for those in tech infra, everyone else are supposed to be directly working on crypto products. It is a big problem if they are not. ☹️
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What do you think is wrong with a kid who got rejected by 9 colleges?
Get Airbnb to match and stay
I don’t think they do that unfortunately
Then just stay