1 Year of Coinbase as a mission focused company

Coinbase is an exceptionally political company, run by a CEO who is incredibly whiny, demanding that nobody criticize him in any manner other than not doing business with him.

He is thin-skinned, weak, and lacks the strength, backbone, and will required to remain successful as a leader, particularly of a company that will always have some controversy.

His new stance as a hyper-political leader, who leads one of the most politically charged companies in existence is the reason that I have stopped doing business with coinbase. Unfortunately, I have some eth staked there that I cannot withdraw, but I look forward to an eventual future where I never do business with them again.

Other exchanges work well and don’t have a permanent victim complex.

"We have a much more aligned company now, where we can focus on getting work done toward our mission. And it has allowed us to hire some of the best talent from organizations where employees are fed up with politics, infighting, and distraction."

BIG takeaway. The people on your team attract similar kinds of people to your team. Good for Coinbase. Lots of good lessons here.

I think the reality is that Coinbase is so obviously a rocketship that the CEO could say anything and they’d have no trouble with recruitment or retention. Existing employees have stock grants worth millions, and new employees are getting great offers. The people who will take these jobs are generally going to be bullish on crypto. If you expect crypto to become a bigger piece of the economy in the future, it would be crazy to give up the opportunity to own a bunch of Coinbase stock. I’d spend a year listening to Brian Armstrong tell me that my thetans need adjusting for 5000 shares of Coinbase.

it's so ironic to me that he prides himself over the "no politics" policy, yet calls his company "mission-focused". the mission is cryptocurrency, which is very political.

Precisely what I thought, thank you. What a stunning lack of awareness.