Offer Eval: Coinbase vs. Gemini
Gemini ---------- Applied for Senior, got up-leveled to Staff - Base: $260,000 - Signing: $50,000 - Bonus: $32,500 (12.5% of Base) - Equity: 10,000 PIUs (Profit Interest Units) - 401K: 100% match up to 5% ($13,000) - PTO: unlimited Total Cash Y1: $354,500 Total Equity Y1: ? (0) Coinbase ------------- Applied for Senior (IC5), got offer at Senior - Base: $206,000 - Signing: $20,600 (10% of Base) - Bonus: $20,600 (10% of Base) - Equity: $175K RSUs yearly, quarterly vest - 401K: 50% match up to 2% ($4,120) - ESPP: 15% discount - PTO: unlimited + 4 recharge weeks Total Cash Y1: $247,200 Total Equity Y1: $175,000 Interested in thoughts about WLB, company prospects and other influential non-monetary factors. #engineering #software #swe #gemini #coinbase #offers #competingoffer #compensation
Did you ask for level up?
I did not, I assume leveling happens during interviews, not post.
I’m interviewing for both as well :)
Nice!! Interviews were very straightforward.
How many YOE?
6 YOE
What’s the culture like at Gemini? Does unlimited mean 10 days? or does it mean 4 weeks minimum like Coinbase?
4-6 weeks is the standard I was quoted.
Unrelated question, is compass on a hiring freeze?
Yes.
Hey, Sorry I can’t offer any opinion about your question here. I am interested in both of these companies. Can I DM you?
The PIU are worthless. goto Coinbase
Gemini is going under
Two Gemini current/ex employees saying this?! Can you please give us some insight?
Which did you take OP?
YOE? Is Coinbase signon fixed?
6 YOE, sign-on can move to maybe 15-20% up from 10%.