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If you're a good employee you're better off working at a FAANG. the risk your taking is working for relatively crappy pay for the chance at a large pay off at
by drenvuk 5y ago
If you're a good employee you're better off working at a FAANG. the risk your taking is working for relatively crappy pay for the chance at a large pay off at the end when the company you believe it finally IPOs. At a FAANG I don't have to care, I'm making $300k-$500k or more if I'm actually worth anything.
It's an investment by the employee. Coinbase is being cheap and it will come back to bite them. Odds are they don't care for the lifetime of the company since they're so tied to bitcoin's success.