Intensively interview recently, got 3 offer so far. Still have few more interviews down the road, but want to evaluate those 3 offers first and eliminate 1 or 2, since Robinhood is pushing me very hard on making decision fast. Please share your opinion and vote on the one you think it's worth to keep. Thanks in advance!! Coinbase Sr SDE (IC5) 206k base + 175k RSU + 10% cash bonus, performance based annul RSU refresh TC: 401K Team match pending Robinhood Sr SDE (L3) 220k base + 200k RSU + 50k sign in first 2 years TC: 445k Data Infra team Instacart Sr SDE (L5) Number not available yet, still in the team match process, but with other two offers, I expect the TC number can be somewhere at 400k+ Comparison: Money: Robinhood is the winner in terms of salary number, but its stock is a sinking ship, and the company keeps losing money, not sure whether it's a good choice. I feel Instacart probably already reach its peek cos the pandemic, wouldn't expect its valuation keep going up. Crypto market is volatile, but I feel Coinbase will just be there since it's kind of the leader in that area. It is a risky choice comparing with FAANG, but maybe better than HOOD. WLB: Both Coinbase and Robinhood are infamous of bad WLB and fast pace. So Instacart might be a winner here. I still have pending interviews with: Google, Uber, Apple, Meta, Linkedin, TikTok, Snap Honestly I probably gonna go with those companies (maybe except TikTok) as long as the TC is similar to the 3 offers listed here. YOE: 5 Current TC: 265
I’d take the chance on Robinhood maybe. If the stock sinks just leave in a year
Not worth the effort. Interview is soul killing and switching company that fast doesn't help career growth.
All r risky, best bet is coinbase, crypto is the future
I feel the same
The Rsu's are per year?
Higher risk higher rewards.
Indeed, it's just about the level of risk I'd like to take. Mind sharing any insights about the company's plan to turn profit? Can't see strong signals there.
lol bad choice of companies
I had all 3 of those companies. I also had others. I said no to robinhood without much thought. Their comp was half of Coinbase I think. I never got the sense of high talent factor there and also it just didn’t feel intrinsically different from other apps. Instacart I spoke to very high level people as well as some of their investors. I believe in it. They also went way out of band for their number for me and were super nice. But the level was still not as high as others and coin also paid more.
You mean robinhood offers you half TC as Coinbase does? or you just put their weak earning as a factor when you evaluate their offer? I know Instacart's level is inflated comparing with others (I know people who gets their Sr offer with 3 YOE), but let's say they offer same number as Coinbase does, which one you think worth more consideration?
I can’t remember the level but I think it was L5 at robinhood. That was an L7 at Coinbase. Total comp not including stock movement was 2x at Coinbase at that level. I could be misremembering a bit here but it was substantial. The recruiter straight up told me the comp I wanted is only given to directors lol
Op, go with FAANG. They are generating positive cash flow and have the ability to do stock buyback and other crazy stuff. Joining those companies will have a huge risk. Ask yourself this: would you put your 100k in COIN, HOOD or in FAANG?
Do you also keep all your money in cash?
Yeah, I know they are all risky, I probably gonna rank FAANG higher in my list if I get Sr SDE offer from them, just because I don't want to take too much risk at this moment. I think my point in this post is just to have a comparison of those 3 options. TBH I don't do research on those companies earning and prospects until I start interviewing, so just hope to hear more insights about them other than the public data I can find online.
Off topic to your question but how were you notified by Coinbase about receiving an offer? Email? Scheduled a call? Thanks in advance.
They email, set up a time to chat, talk to you on phone, send you a prelim pdf of the offer, you say yes, they send contract. It’s pretty much on par with everyone else. Occasionally a recruiter will let it slip in an email “I have some good news to share” and unless they’re truly sadistic that means you will get an offer on the phone call.
Does coin base offer sign on. I am thinking of interviewing with them. But need money fast. Have a job offer giving me 70k sign on for y1.
No, their offer is standard. You might be able to negotiate some sign-on, but if you already have good compete offer, why don't take the another one. Honestly, if you really need money fast, try Robinhood, they offer huge sign-on since their stock is not attractive, or maybe Amazon, let's say you get a 400k SDE2 offer, your first year income will be 370k cash...
Thank you for the reply. I have yet to see 400k sde2 numbers for Seattle area. Also does Amazon sign on comes in your first paycheck or gets divided in to 12 months paycheck.
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None, stay away from meme and gig companies until they show sustainable business profits.
Coinbase makes money
Agree, I interview with them mostly for getting a competitive offer in hand before I negotiate with Apple (if I am lucky enough to get an offer), lol. Also I think pleb man is right, Coinbase is profitable, that's why I consider it's less risky comparing with HOOD