171–180 of 391 posts
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.
I'm always intrigued at people's carriers and where exactly the inflection point was. Looking at Surojit's career, it went something like this: BS in CS at Kharagput, something like a US T2 university MS in CS at Buffalo, something like a T2 univeristy, Spend some years at IBM and Oracle as a developer/senior developer 200k/year ? MIT Sloan MBA T1 world class PM/Senior PM at Symantec for a year 200-300k/year? Head of…
>Spend some years at IBM and Oracle as a developer/senior developer 200k/year
65-100k maybe less.
>PM/Senior PM at Symantec for a year 200-300k/year?
150k max.
Oracle, IBM and Symantec do not pay as well as FAANG and you need to adjust for the time. They also colluded to suppress wages.
But he did navigate the valley. Seems like a cool guy to get to know and I'd read his autobiography.
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.
Fair point. I am generally opposed to crime, legal and otherwise. But stealing from the grifters not only has a certain moral justice to it, it might even be a net social positive.
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…
It's not like he took $100M from an orphanage or something.
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…
In an environment like the USA (where many of the world's smartest tend to flock and extreme wealth is relatively achievable), being conniving is rarer than being smart, so that's what people value.
Earlier quoted context omitted.
The literal collapse of an institution is a pretty A+ indicator of failure of leadership
Dang is Coinbase collapsing?
Earlier quoted context omitted.
He's walking with around a sixth of all money raised by the company [1] Might as well treat the execs and all VCs involved to a luxurious "fuck you" dinner! [1] https://www.crunchbase.com/organization/coinbase/company_fin...
all stock sales though.... so techncially your money (if you hold coinbase stock retail)
You're right that they've already passed the bag to investors, possibly a lot of that to retail - they can all still have a nice "fuck you" dinner in their honor!
I'm always intrigued at people's carriers and where exactly the inflection point was. Looking at Surojit's career, it went something like this: BS in CS at Kharagput, something like a US T2 university MS in CS at Buffalo, something like a T2 univeristy, Spend some years at IBM and Oracle as a developer/senior developer 200k/year ? MIT Sloan MBA T1 world class PM/Senior PM at Symantec for a year 200-300k/year? Head of…
And damn, top guy got paid almost a billion. Also, the top two guys are Brigham Young alumni.