Having a hard time deciding on the following offers as a new-grad L3 SWE: Square offer: 118 base 150 equity 6.5 relocation 10 sign on Coinbase offer: 130 base 120 equity 15 for relocation/sign on Would love any thoughts/opinions!
I’ve heard square has a fantastic culture
It’s taken a turn for the worse recently though. Lots of cost cutting and some layoffs. I’d be careful working somewhere so recession exposed and quick to give employees the axe 🪓
Coinbase will likely sde a lot of heat from regulators in the near future. I would go with square
Higher upside at Coinbase; Square is in the low margin payments space
I mean... yeah... in 2011.
I like Square, unsurprisingly. It's much lower variance, since it's a stable public company. The culture is great. And Jack's actually great too; most of the crazy stuff hits Twitter, not us. Coinbase is much higher upside but the last I saw they weren't planning on an IPO anytime soon, and honestly unless the equity 10x'es from where it is now, which isn't super likely, you're still not getting rich off an L3 equity offer. In the best case, in three or five years when the IPO happens and your 150k of equity is worth 350k instead... that's nice and all but having been paid an extra 50k/yr or so is not going to be super relevant compared to your L4 comp by then.
I heard coinbase culture is bad and full of egotistical bros. Read the blog post and you’ll know.
Strong disagree. A few years ago I think this may have been more true, but these days not at all. What blog post are you talking about?
It’s hard to argue with our culture, WLB, mission, and stability. Besides, I’m way more bullish on Cash App than Coinbase which looks like a one trick pony in comparison. Coinbase is just a boring crypto exchange with slightly better UX than all the other boring crypto exchanges.
You should learn more about Coinbase. Like Square, we aren’t just one thing and have many products. Consumer (main app & exchange), Pro (institutional exchange), Wallet (self-custodied crypto wallet), Commerce (self-custodied tool for businesses to accept crypto), Custody (custody large amounts of crypto in cold storage), Stablecoin (manages the USDC stablecoin)
I'm biased but Coinbase for sure. You'll work at the cutting edge of finance and the cutting edge of blockchain. We're building tools that don't exist at any other fintech company, like staking and interest on stablecoins. We're growing globally and profitable. It's a rocketship.
Coinbase will never go ipo. Join square and don't look back.
Why’s that?
Square, you can go to Coinbase later if you think it’s a thing
Who wouldn’t want to work for Jack Dorsey
Zuck