6 ms·
It's not incorrect, salary does not include equity. Total comp would be a combination of salary, equity, and bonuses. The OP refers to salary, not total comp. I
by neill 4y ago
It's not incorrect, salary does not include equity. Total comp would be a combination of salary, equity, and bonuses. The OP refers to salary, not total comp. I'm using their information to reply in their thread. Happy to re-asses conversation at total comp (a different conversation) if they are referring to total comp instead of salary.
- htormey 4y agoThe OP is confused, I work at coinbase and that figure refers to total comp. Also levels.fyi is listing salary and not total comp for the google position he is comparing.
- thebean11 4y agoCoinbase isn't paying $380k base either..are you just quibbling over the meaning of salary?
- UncleMeat 4y agoI don't think it is quibbling. It is a really important distinction. Salary is (mostly) guaranteed. Equity isn't guaranteed at all.
- htormey 4y agoIt’s a bit pedantic to be honest. Multiple times it’s been pointed out on this thread that the OP was referring to total comp so I’m not sure why this keeps being brought up. While equity in a public company can go down and go down significantly it’s liquid. Especially in companies like coinbase that don’t have a 1 year cliff, are public, it’s a significant part of your comp and not funny money like you get in many early stage companies.
- worik 4y ago> Salary is (mostly) guaranteed Truth The salary I banked at the beginning of the month is guaranteed.
- ac29 4y ago>Equity isn't guaranteed at all. Especially not at coinbase, whose stock has imploded to the tune of -75% just this year, and more since IPO.
- thebean11 4y agoTo quibble even more, it's much harder (legally) to take away unvested RSUs than it is to demote / reduce salary.