# Coinbase’s chief product officer made almost $200M+ in just 3 years.

**Published by:** [Durwin](https://paragraph.com/@durwin/)
**Published on:** 2023-02-20
**URL:** https://paragraph.com/@durwin/coinbase-s-chief-product-officer-made-almost-200m-in-just-3-years

## Content

Surojit Chatterjee will make $105M when he leaves Coinbase.“When Surojit Chatterjee logs out on his final day as chief product officer at Coinbase on February 3, he will have made a whopping $105 million from stock sales.” That is absolutely insane! Take a look at some of the highest paid CEOs today: “According to Forbes, the highest paid CEO in the world is Elon Musk, who took home a staggering $595.3 million in 2020.” Apple’s Tim Cook made a total of $125 million in 2019. Amazon’s Andy Jassy made $212M in 2022. $105M for a CPO of a company worth $13B is quite a chunk of change. Oh but Coinbase’s Chief Operating Officer Emilie Choi booked $106 million in stock sales that same year. Coinbase has 103 million verified users in 2022. It has 9 million monthly active users and 6 million daily active users. Those are not small boy numbers.Brian Armstrong has came a long way from his YC days.Of course everything is small compared to big brother Binance, but who knows what goes on behind those doors? Who is Chatterjee? He has driven the company’s success in this regard and led product, design, engineering and marketing efforts. His tenure at the company saw a surge in user growth and revenue, leading to his impressive $105M stock sale. He joined Coinbase in Feb 2020 with a salary of just $1M/year. In just 3 years, he took home more than $105M in stock sales and salaries. Plus the $105M payday when he leaves, that’s more than $200M+! In those same 3 years, Coinbase’s share price went up with Bitcoin prices and subsequently, down too. It was a roller coaster ride to be frank.Coinbase is one of the biggest crypto exchanges in the market right now.“In April 2021, Bloomberg noted that Chatterjee’s five-year contract with the company was worth $646 million.” But he is only doing 3 years and ending it earlier, forgoing bonuses and at a time when Coinbase’s stock is way down from its peak. Translation: he lost out on potentially a lot more money. So why do it? Why end his contract prematurely and lose out on all the potential gains? It wasn’t for a happy reason. He wanted to take a break and focus on his family. His dad was diagnosed with Alzheimer’s and his mum passed suddenly. “If I’m honest with myself, I don’t think I’ve allowed myself time to grieve either yet”.Under Surojit Chatterjee’s watch, Coinbase has grown quite a fair bit, thanks to the bull run of 2020–2021 too of course. He is now at a16z as an EIR.Nothing hits harder than life. Family is an essential feature of life, not a bug. We have to spend time to nurture, care and grow it. I don’t care how rich, famous, talented or intelligent you are, we all have family problems. I wish Chatterjee all the best. And to everyone else out there struggling, take a pause, center yourself and fight on harder. Don’t give up. And now he is an EIR at a16z to learn from the best and plot his next move. - Do you use Coinbase? - #startups #business #startupx #growth #success #socialmedia #culture #entrepreneurship #strategy #eth #btc #crypto #chatterjee #COO #CPO #coinbase #BrianArmstrong #stocks #compensation #tesla #apple #timcok #elonmusk

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