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Coinbase employees petition to remove execs

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Re: Coinbase employees petition to remove execs

#451

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.

I think its pretty well known that this organization produces excellent results no?

Re: Coinbase employees petition to remove execs

#452

Earlier 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.

I'm not sure it's that clear cut, since they're singling out and attacking fellow employees in the process. Seems like the kind of complex labor case that would be heavily litigated.

Re: Coinbase employees petition to remove execs

#453
post #445

Earlier 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.

The comment said "log processing system". Sounds more like it's a stream and not stored logs.

Re: Coinbase employees petition to remove execs

#454

Earlier 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.

Absent bankruptcy, fiduciary duty to shareholders is prioritized over creditor's interests.

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

#455

FWIW, 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

Known him since grad school. He's a little bully (literally and figuratively). He acts all tough, until you call him out, and then he'll change the subject.

Re: Coinbase employees petition to remove execs

#456
post #408

Earlier 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.

This might be true if Coinbase had a super unique vision and mission. However there are now plenty of other crypto companies to join however.

Re: Coinbase employees petition to remove execs

#458

FWIW, 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

[deleted]

Re: Coinbase employees petition to remove execs

#459

Responded 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…

Well that's a sinking ship, people seem to think replacing software developers is like hiring for a fry cook where you can get going in a day but in reality it's months to get up to speed and it a rotating door of devs makes for some really bad code.

Re: Coinbase employees petition to remove execs

#460

Responded here https://twitter.com/brian_armstrong/status/15353049437284147...

Brian, I feel your urge to solve this huge issue. Though I think only Elon gets to do this (with a tweet storm) while getting away with it The mere mortals should probably solve it in meetings. Hope you can weather through this and wish you the best
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