4 ms·

Coinbase isn't paying $380k base either..are you just quibbling over the meaning of salary?

• UncleMeat 4y ago
  I don't think it is quibbling. It is a really important distinction. Salary is (mostly) guaranteed. Equity isn't guaranteed at all.
  • htormey 4y ago
    It’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 ago
    To quibble even more, it's much harder (legally) to take away unvested RSUs than it is to demote / reduce salary.