Got the highest salary band offer for Coinbase entry level. Accept? Also, for those who work at Coinbase, what is the bonus structure? Do they give stock bonuses based on performance as well as cash bonuses? 0 yoe TC about 200k
We're about to start a recession, stay away from crypto and shitty products in general for some time. That 200k will most likely go much lower once it vests.
Fintech in general.
High risk high reward career is good for new grads and it can do wonders to their career 5-10years from now and who knows this crypto landscape will evolve slowly and become regular trillion dollar industry (it’s already but fluctuates a lot) so I am not saying this industry will disappear suddenly even in recession but more probably evolve and regulated and will find people who appreciate democratic financial freedom and will always have Space to operate so companies in this space can earn continuity, and no other company expect Coinbase is good in terms of its position, mission and being USA traded publicly company it has chance grow in future, I would say why not ? Tech career is anyway shady if companies not doing well, including FAANG so why not take risk and ride with smartest people working together on crypto, if it fails you have lot of stories to learn (with lot of money as well)
Coinbase will not last the next 3 years However, just save up enough $$$ for a safety blanket and you’ll be ok
you think they burn thru all their cash and go bankrupt? i’m of the belief that crypto is staying around
Unfortunately you are from those who says don’t play at casino because you will always loose but don’t forget that even casino industry is surviving and will always find people who like And appreciate it, same is with crypto at the moment but eventually things will change when people learn more about decentralized technologies and web3. Internet era began exactly like this. I am talking from my 25years of tech experience riding several ups and down market and coding hard from last 20 years and I have strong feeling that Coinbase will find its space (even if not dominate ) to cross 100bilion business easily in next decade
Is their success dependent on the success of bitcoin and other coins?
It is Coinbase devs will argue it’s not but historically their stock has been tied to crypto performance directly
Then here is a view that says major top may be in place in bitcoin http://www.kondratieffwavecycle.com/bull-market-coverage-is-bearish/
Coinbase has one salary for new grad, or are you talking about location pay like zone 1, zone 2, etc...?
yes, zone 1
I'm starting next month at CB. CB is more interesting than Amazon unless you get Amazon Robotics/Amazon Blockchain or some other cool tech team. Idk how Amazon works though (do you know your team before accepting offer?). Coinbase makes a lot of money and is a relatively small sized company for comparable businesses (~4k employees). I wouldn't fear layoffs but ofcourse stock might go down more than Amazon as recession looms.
It sounds like that is your only option? What's there to think about?
also have Amazon offer
It's hard to give you any meaningful advice if you don't give all the info
Take it , I am also joining Coinbase soon with 18years of experience and after working with workday for more than 7 years, Btw I have rejected Uber, Amazon, and PlayStation offers to accept Coinbase
I hold an offer from coinbase too for bangalore. Aren't you skeptical amidst the ongoing recession, if they retort to layoffs etc?
Indian folks not to worry as you are last in layoffs because you provide same talent but for less than half of value so laying off 10 in US is equivalent to laying off 20-30 in india and in india layoff is big drag to public image (specially when Coinbase just stated their operation) whereas in USA layoff is considered as normal 🤣
share the actual offer!
it’s the standard zone 1 offer for new grads 140k base 50k stock 5% target cash bonus potential bonus stock based on performance
Being new grad also you sound so smart and that indicate why Coinbase hired you 👏👏 All the best and people like you who take risk and work hard succeed in IT industry
>0 yoe >TC almost as much as mine What the FUCK am I doing Forgot my yoe is about 4
Lol same
whats your tc @Zoom