141–150 of 391 posts
As someone who has lost his mother unexpectedly last year, and my father suffered from a brain hemorrhage leading to dementia ... and I can very much empathize with the instinct to stop working and take a long break.
I hope you don’t believe him. He’s leaving because he has $105m and his options are underwater. See ya, suckers!
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What a POS - we had to continue to work while caring for a family member with Alzheimer's, their death, and the death of another family member. I'm sure many of his reports had to continue to work though similar situations.
Not sure why the outburst man. His mom died, it's a valid reason to not want to work for a bit, and why would you if you had 105 million
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A needed dip in the bubble and all of the sudden HN goes from market capitalist to left leaning. This person sold their stock, the time for employees to complain was when he was given this equity a couple of years ago.
Nope. They can also complain now. And forevermore if they want. None of us, you included, is obligated to protect grifters from the criticism of people who suffer while they walk away laughing.
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Not necessarily. If your market evaporates, you can't really blame it on product.
At the same time, if you're the leader of a product that's going to succeed no matter what, maybe you shouldn't get paid $105 million.
Full time employment is rigged. For everyone. Tech workers are just now waking up to the reality that they are the same disposable peasants like all the rest. Seeing this kind of compensation and thinking .. oh well that guy must have done hell of a job must be some kind of delusion.
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>If your market evaporates, you can't really blame it on product. Come again?
It means that nobody could have prevented the crypto market collapse from the position of a Coinbase Chief Product Officer.
2. This product turns out to be a scam
3. His fault for trying to sell a scam
That this crook extracts $100 million for this is a symptom of a broken society.
Full time employment is rigged. For everyone. Tech workers are just now waking up to the reality that they are the same disposable peasants like all the rest. Seeing this kind of compensation and thinking .. oh well that guy must have done hell of a job must be some kind of delusion.
All I can say is, damn, props to him. Tricking the coinbase execs into giving him one of the highest paying packages for any product exec in history and delivering so little value in return is the kind of heist we should all aspire towards.
This philosophy of praising exploitation is actually one of the things I liked least about America and one of the things I found most refreshing when I emigrated. It's pervasive through American society that pulling the wool over the eyes of shadowy entities (large corporations, the government etc...) is a virtue but every time it's done it pulls a lot of money out of the hands of people that could use it more and fu…
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The shovel manufacturer made a bad product decision to not pivot when the mines were becoming empty.
Should Charles Schwab start selling dildos every time there's a recession?
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Not necessarily. If your market evaporates, you can't really blame it on product.
Coinbase didn’t do enough to thwart the massive fraud and youtube-deepfake-powered-heists going on. Lots of sheep lost lots of money and look where we are now. The crypto winter will last 50 years.