Have offers from Robinhood and Coinbase and on the fence between them. Both teams match the work that I'm looking for. Wondering what the cultures and growth of both companies look like. Coinbase: IC6 (Staff) 230k base / 10% bonus / 400k equity (yearly) = 653k a year Coinbase does 1 year grants similar to Lyft and Stripe Robinhood: L3 (Senior) 220k base / 10% bonus / 770k equity (over 4 years) / 100k sign-on (over 2 years) = 435k (485k first two years) Robinhood looks like it's benefits, particularly surrounding PTO, are more generous. There's a big comp and title difference but I wonder if that'll close as Robinhood gets larger (I'm long term bullish), especially since Coinbase is only doing 1 year grants. Trying to optimize for long term growth + wlb. YOE: 8
Consider WLB too before making a decision.
You mean it is good or bad?
As far as I know coinbase has a toxic WLB. Slowly adopting Amazon pip practices. Hence it's difficult to make a decision.
TC > anything else. Not even a question.
No
Coin
I donāt think either will have good WLB.
Both title and TC favor coin.
So $400k grant in 2nd year will depend upon refreshers and performance in the 1st year? Or is $400k/yr grant guaranteed in years 2-4?
Depend on performance and level. So that high 400k is like an one-time signon, the expectation of year 2-4 is the target of average l6, which is less.
400k is for meet, if you get EE/SEE, itāll be 600k/800k, itās 0 if you can not meet expectations
What type of role is this for?
Coinbase will 1.5-2x your equity grant if you EE.
have you seen this happen?
yes thereās internal stats on the % of employees that qualify for these multipliers
Wow, that's an insane salary I didn't think an IC would get. Is that level higher than Robinhood's? Congrats anyways!
IC7 and above can be in the millions FWIW.
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Op any thoughts on why the levelling is so different?