Earlier quoted context omitted.
Isn't Bridgewater a very high performing organization? How has the company not completely collapsed at this point? Or is there a ticking time bomb coming that will end up destroying Dalio's supposed "reputation for excellence"?
Maybe it's only "high performing" according to it's own internal rating system.
Coinbase employees petition to remove execs
451–460 of 488 posts
Re: Coinbase employees petition to remove execs
#452Earlier quoted context omitted.
Sure, but not in an illegal way, I think its warranted. Its one thing to post the recall letter internally but to publicly bash your employer and call for the firing of others and expect to keep your job is insanity. They could have easily rewritten the letter to be less inflammatory, identified the problems, proposed solutions that did not target individual leaders and posted it on an internal board. We are at a str…
Now, I am no lawyer, but i am pretty sure that this would fall under "discussion of workplace conditions" - a type of speech in California protected by the labour code and not allowed to be retaliated against.
Re: Coinbase employees petition to remove execs
#453Earlier quoted context omitted.
i think you and the above poster are in vehement agreement. ingesting 2 MBs of logs per minute is impressive in its pluperfect unimpressiveness. maybe the presentation was called "Timmy's first named pipe" or "Sally explores /etc/logrotate.d"
220m users. Let’s imagine 50m are streaming concurrently. That’s 100TB an hour in logs lol. They could be storing an entire petabyte of logs a day. My friend did some data center stuff for the large hadron collider and wasn’t hitting these data ingestion states, and these are just to record me binging the office.
Re: Coinbase employees petition to remove execs
#454Earlier quoted context omitted.
Nope. Your citation refers to the status of customers with respect to other creditors. It says diddly squat about shareholders , who are below creditors in the event of a bankruptcy. Because, in a corporate bankruptcy, shareholders generally lose their investment.
Yes, I got that wrong. Absent bankruptcy, fiduciary duty to shareholders is prioritized over creditor's interests. In bankruptcy, customers will be screwed over to benefit the other creditors, not to benefit the shareholders as I mistakenly said.
No, this is still wrong. Shareholders are not prioritized over creditors, at any time. Shareholders are the least important stakeholders in a corporation, because by virtue of their limited investment, they have the least at risk.
Re: Coinbase employees petition to remove execs
#455FWIW, Surojit the CPO has a long colorful history of being a horrible person to work with. Just in the last couple of months, I think Blind had atleast a few threads on him. Here are a couple I could find: https://www.teamblind.com/post/Coinbase-product-team-culture... https://www.teamblind.com/post/Coinbase-JusVVFXW
Re: Coinbase employees petition to remove execs
#456Earlier quoted context omitted.
>Second, if you have no confidence in the execs or CEO of a company then why are you working at that company? Quit and find a company to work at that you believe in! This comment is really, really tone-deaf. People can believe strongly in the vision and mission of a company while also feeling strongly that upper leadership is steering it in the wrong direction and/or making decisions that negatively impact the compan…
> People can believe strongly in the vision and mission of a company while also feeling strongly that upper leadership is steering it in the wrong direction Clearly that is the case here. CEO really comes off as if he’s living in a fantasy world here. Which isn’t surprising given he started a crypto company.
Re: Coinbase employees petition to remove execs
#457Re: Coinbase employees petition to remove execs
#458FWIW, Surojit the CPO has a long colorful history of being a horrible person to work with. Just in the last couple of months, I think Blind had atleast a few threads on him. Here are a couple I could find: https://www.teamblind.com/post/Coinbase-product-team-culture... https://www.teamblind.com/post/Coinbase-JusVVFXW
Re: Coinbase employees petition to remove execs
#459Responded here https://twitter.com/brian_armstrong/status/15353049437284147...
This response reminds me of a company in the cannabis software space where recently the engineers put together a letter essentially saying they were not happy with the work environment, that the company was focused on the wrong things and that the CTO was not doing a good job. It was signed by 10 out of 12 engineers I think. They got no response. 2 weeks later they had layoffs and got rid of every engineer that signe…
Re: Coinbase employees petition to remove execs
#460Responded here https://twitter.com/brian_armstrong/status/15353049437284147...