Coinbase gifted $25,000 in stocks to all 1700 employees ahead of IPO

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.

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

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

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!

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

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.

$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