A follow up to Coinbase being a mission focused company
blog.coinbase.com
A follow up to Coinbase being a mission focused company
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Re: A follow up to Coinbase being a mission focused company
#2Fuck you coinbase. You are just a piece of shit federal government cover company.
Re: A follow up to Coinbase being a mission focused company
#3Why would this stance be surprising? A company managed by the federal gov cannot take stances on politics.
Coinbase was started and is run by the feds.
Re: A follow up to Coinbase being a mission focused company
#4> “I’m worried that the severance package was too good”
Yeah... I'm genuinely curious how many people actually quit over the "apolitical" stance, vs employees that were just unhappy with the job in general and took this convenient opportunity to leave with a pretty sweet deal.
Re: A follow up to Coinbase being a mission focused company
#5If I had another offer, I would also take severance over Coinbase's "apolitical" stance
Re: A follow up to Coinbase being a mission focused company
#6A few years ago when bitcoin was going up in value so much Coinbase was one of the best places to be, now I dont see much upside for the company, I imagine a bunch of people there are happy to leave.
Re: A follow up to Coinbase being a mission focused company
#7"We are the 5%" will make a great political slogan.
Re: A follow up to Coinbase being a mission focused company
#8A few years ago when bitcoin was going up in value so much Coinbase was one of the best places to be, now I dont see much upside for the company, I imagine a bunch of people there are happy to leave.
I am not a mathematician, so don't quote me, but it seems 5% are happy to leave.
Re: A follow up to Coinbase being a mission focused company
#9> “I’m worried that the severance package was too good” Yeah... I'm genuinely curious how many people actually quit over the "apolitical" stance, vs employees that were just unhappy with the job in general and took this convenient opportunity to leave with a pretty sweet deal.
That employee is distanced enough from the idea that people would genuinely want to leave that I kinda laugh when I read their quote. COBRA alone would eat up most of the severance.
Either people managed to get through a _whole interview process_ in a week, or they're fine with the idea of being jobless during the worst economy in 12 years, or they price the benefit of not being there fairly high.
Which then leads us to how the whole argument is blinkered. It reduces decisions to a cost benefit analysis where a significant part of the benefit doesn't have a market price. Then, it questions if the benefit was too large, but by definition the arguer is still at the company and thus believes the unpricable part of the benefit isn't worth enough enough to leave.
Re: A follow up to Coinbase being a mission focused company
#10For reference, the severance package was 4 months of salary for employees with =3 years of tenure at Coinbase.
The severance also included 6 months of health insurance. (Source: https://www.coindesk.com/coinbase-severance-apolitical-missi... )
What percentage of employees at Coinbase are actively interviewing for other jobs at any given time? 5%? If someone has one foot out the door already, taking a bonus equivalent to half a year of your salary is a cherry on top of changing jobs. I'm surprised only 5% of the company took this opportunity.