Live data from Hacker News

1 Year of Coinbase as a mission focused company

twitter.com

491–500 of 699 posts

Re: 1 Year of Coinbase as a mission focused company

#491

Earlier quoted context omitted.

Everything you do is implicitly political. To say you're non-political is just another political position itself - complicity with the status quo.

Do you by complicity [1] mean the critical social justice concept that all white (or people that believe in classical liberal culture) people are complicit in the maintenance and harms of systemic racism (stopping a perfect equity utopia) and white supremacy (continuation of individualistic western liberalism, instead of collectivist group-based critical social justice)? [1] https://newdiscourses.com/tftw-complicity/…

I'm not as concerned about identity politics as I am about class issues.

Bitcoin is an ancap political project designed to make exploitation of the working class, independent of skin color, easier.

Identity politics themselves are a neoliberal ploy to distract from the real struggle at hand.

Also, what even is "white culture" other than a racist dogwhistle? Whats the common denominator between Russian, Portuguese, Hungarian and English (all white) cultures?

Re: 1 Year of Coinbase as a mission focused company

#492

Earlier quoted context omitted.

>What mission did they focus on and how did it go? RTFA: https://blog.coinbase.com/coinbase-is-a-mission-focused-comp...

If you could tell me what point you think I should be drawing from that link, it would be lovely. Because all I see is the first half devoted to the sort of generic PR speak that any company does about having an aligned vision, and the latter half is about what they're not doing. Where's the big reveal? What makes being a 'mission focused' company different than just... actually not making political statements? What…

[deleted]

Re: 1 Year of Coinbase as a mission focused company

#493
post #373

Earlier quoted context omitted.

Barbers famously talk about politics while cutting your hair. This is like a quintessential part of barber shop culture. Barbers that don't talk about partisan politics normally talk about some parapolitical thing, like cultural gripes, or sports, or other things that have a pretty similar valence. I've had my hair cut in like 5 different countries by dozens of different barbers who speak different languages, come fr…

Still not the same thing as lecturing you on politics INSTEAD of cutting your hair. Your reply is a classic example of HN taking an analogy too far / too literally and removing it from the original argument being made.

Or giving you a bad cut/service if they disagree. Or, even worse, refusing you service based on ur ideas.

Re: 1 Year of Coinbase as a mission focused company

#494
post #339
post #333

Earlier quoted context omitted.

And if my boss isn't giving me Yom Kippur off but the company is closed Christmas how does that work?

You ask for a day off for religious reasons so you can observe Yom Kippur. That there is no company-wide shutdown for a holiday observed by 2% of the population is not some great injustice that requires waging a culture war in the office to remedy.

I think you're missing why people's religion and race matter in the work place. Asking for a day off for religous reasons is bringing religion into the workplace.

Re: 1 Year of Coinbase as a mission focused company

#495
post #253

> 3/ One of the biggest concerns around our stance was that it would impact our diversity numbers. Since my post, we've grown our headcount about 110%, while our diversity numbers have remained the same, or even improved on some metrics. If there’s one thing I’ve learned from Reddit is at scale a sentence like this often means they’ve established a dominant monoculture and squashed out the ‘annoyances’..

What I take from that statement is "We have not meaningfully tackled any of the issues of discrimination in the workplace that our Black employees have continuously attempted to bring to our attention", such as the ones u/saurik linked in his comment.

Yeah, if the most positive thing you can claim is "the rest of our Black employees didn't quit" then that is really saying something. I liked how he bragged about improving on some undisclosed metrics though, as though that kind of thing isn't trivial to game or even outright lie about

Re: 1 Year of Coinbase as a mission focused company

#496
post #132
post #71

Just want to say how ridiculous this is from a European perspective. I know nothing better than for any company to be mission focused. You go to work to do work. And you do so with a degree of neutrality, as you can't pick your colleagues, yet still need to cooperate with them. This doesn't mean you can't say anything at all, it means you shouldn't be overly divisive or confrontational. A company isn't your personal…

> If you do have something political to say, a grave social justice error in the company's policy for example, you can still be reasonable about it. To mention it respectfully and proportional to the issue, rather than going nuclear. > Any ethnicity, sex, gender, sexuality, religion and political conviction you can think of and we all get along just fine with zero tensions. This really sounds like you are blaming the…

This is interesting, never saw this article.

I don't get why people struggle so much dealing with black people? Like just be empathetic and assume the best. I guess so many people are just racist. It's just crazy.

Re: 1 Year of Coinbase as a mission focused company

#497

Earlier quoted context omitted.

AIUI Coinbase is offering around $400k comp to senior-level engineers now, similar to FAANG.

Correct, and it has more room to grow than FAANG. By that I don’t mean it’s undervalued - but rather that the implied call option you get from a 4-year grant is more valuable.

They don't do 4 yr grants anymore. You basically get a recurring 1 yr grant, so your upside now is limited to just that year. It trades risk for upside.

https://blog.coinbase.com/how-coinbase-is-rethinking-its-app...

Re: 1 Year of Coinbase as a mission focused company

#498
post #65

Earlier quoted context omitted.

COIN has lost 25% since IPO (in that time, GOOG, FB, MSFT, AAPL, HOOD are up, PP is even, and SQ is down marginally), and their offers aren't particularly better than , so it doesn't seem like this is true. Like, even if you think crypto is going to be super relevant, there's tons of other cryto startups. Coinbase has or had first mover advantage, but that's no longer an enormous advantage.

Something that I don't think is widely appreciated enough is that Coinbase Ventures holds chunks of many of these startups.

Any specifics I should check out?

Re: 1 Year of Coinbase as a mission focused company

#499
post #295

Earlier quoted context omitted.

It must be nice to have the privilege to not need to worry about the political opinions of your coworkers. I take it most people don't see your existence, as you are, as a political problem?

>I take it most people don't see your existence, as you are, as a political problem? I want to point out that this is a perfect example of how absolutely mind numbing and toxic it is to interact with a lot of these "woke" types. OP made an benign comment ("I want to work at work, not worry about the political opinions of my coworkers.") and its taken in the maximally worst way possible . There's no nuance, and no roo…

If a trans person walked into my office their existence would be a political problem, because none of my coworkers or company leadership accept the legitimacy of trans identity. It isn't that the person's physical safety is in danger (necessarily), but merely being present makes them the subject of politics. And those politics are generally hostile. I have a trans friend who was qualified for an open position, and I asked her about it, but it was clear there was no way she would even be applying.

Now, I'm thousands of miles away from Silicon Valley, in a much smaller town than most posters here. But I think this kind of thinking is toxic wherever you work. If you push out anyone who might challenge the structure (formal or informal) of your company without taking a good look at who that structure is serving, you're going to reject a lot of good people. And you're going to reinforce any existing biases already in the company.

Re: 1 Year of Coinbase as a mission focused company

#500
post #494
post #339

Earlier quoted context omitted.

You ask for a day off for religious reasons so you can observe Yom Kippur. That there is no company-wide shutdown for a holiday observed by 2% of the population is not some great injustice that requires waging a culture war in the office to remedy.

I think you're missing why people's religion and race matter in the work place. Asking for a day off for religous reasons is bringing religion into the workplace.

When people say "bringing religion into the workplace" they are usually thinking about setting up an office Christmas tree or hosting prayers before meetings. Reasonable expressions of religious sentiment such as wearing religious attire, praying silently to oneself before meals, and taking leave for religious holidays are generally not included. The boundary line is usually drawn at "does this pressure coworkers to act in accordance with specific religious beliefs."
Post reply on HN