Comment by DonHopkins

Coinbase internally had the `oh anyone who wants to work on crypto would want to work at Coinbase, you are already at Coinbase, wow, look at you, such a good place you have for yourself` speech given out relatively often. Even after employees commented on how they think they are being underpaid.

The compensation is on the low-end when it comes to what Coinbase pays to its employees. They wronged their hires on multiple occasions with dilutions too. Many of these employees had strike prices that were above what Coinbase IPO'd at. They were relying on their options, otherwise their base pay was undermarket.