Deciding on offers from Snap and Coinbase. Still working on Google L4 team match, Square L5, and Microsoft 63 offer negotiations but they are likely to remain lower in total comp. WLB probably going to be poor at both places. Looking to work on impactful projects and maximize compensation in the long term. Snap TC: 397k Coinbase TC: 412k Snap pros/cons: - 3-year stock grant (and the stock is low currently) - hybrid - could get L5 promo in a few years Coinbase pros/cons: - 1-year stock grant - remote - longer time to get staff promo Please leave a comment explaining which company you'd prefer and why. Current TC 240k YOE 4 #swe #snap #coinbase #offer #engineering #compensation #software
Is your Snap offer 185k base/178k RSU/50k sign-on + 10% bonus?
180k base / 178k RSU / 65k sign-on + 10% bonus
Snap has %20 yoy user growth and they are very early on monitization journey compring to meta. Also if their AR investments pay off, that can be huge. they are betting on AR a lot as oppose to VR by Meta
Don't make your decision on the promise to get promoted. That's a trap to get you to accept their low-ball offer. I'd take Coinbase purely based on the potential.
+1 personal experience with apple don’t believe any shot unless it is written
Can you break down your coinbase offer? I thought L5 max was 401K for tier 1.
I added sign on over 3 years to get 412k for comparing to Snap. 206k base / 175k rsus/ 10% bonus + 30k sign on
Thanks for sharing!
How long did it take for Snap to get back to you after you applied?
within a week
Both of them are risky but I would take Coinbase as it is at least more promising business. They can build other sources of revenue in case one dries out
Coinbase will pay the most. I’m bullish on cb, they are building multiple products to diversify the source of revenue.
Coinbase because I see a lot more potential for growth from these current stock price levels. Still not convinced about Snapchat. If FB struggles can’t see how any other social media company can be a long term growth story. Coinbase is unique in crypto blockchain space and has lot of upside
But Snap has Pixy