Coinbase gifted $25,000 in stocks to all 1700 employees ahead of IPO (digesttime.com)

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Coinbase gave 100 shares to each employee, that was worth $25,000 before IPO and around $32,800 at closure time

What a great gesture to support employees.

Refreshing to see this after years of seeing big employers play games with stock options to reduce the cost of employee compensation.

A nice $42.5M gesture.

Or about 0.04% of the market cap. Don't know about stock options, which must dwarf this gesture.

With this over inflated valuation, they should sell them right away!

asdz 5y ago ↗

$25000/1700, average $14 per person well done Mr Brain

I think you read it wrong, it was 25k per employee. So it’s an average of... 25k per person

yes! THIS

nunez 5y ago ↗

If this is on top of equity they've already received: AWESOME!

If this is a replacement for not having given them equity: sucks.

Well, no wonder they are so expensive and make Bitcoin cost-prohibitive.

Not sure what you're implying. Additionally, issuing employee stock generally doesn't cost the company cash.

Not cash per se, but it has cost.