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Today I've made the difficult decision to reduce the size of Coinbase by ~14%

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Re: Today I've made the difficult decision to reduce the size of Coinbase by ~14%

#121

> Non-technical teams are now shipping production code With the amount of tech leaders blabbering about this, I came to the conclusion that the profession of the future is going to be Security Engineer.

AI-unfucker is likely to be a growth industry.

Re: Today I've made the difficult decision to reduce the size of Coinbase by ~14%

#122

> - No pure managers: Every leader at Coinbase must also be a strong and active individual contributor. Managers should be like player-coaches, getting their hands dirty alongside their teams. Geeks who didn't even stand near professional sports should really shut up about anything sport related, lol. I would really like to see professional, established coach running around with young prodigies on a peak of their bio…

"Neo feudal lords" might read like hyperbole to those unaware of Brian Armstrong's "Network State" fanaticism. He may not be one yet, but he's certainly striving toward that goal.

There’s also Yanis Varoufakis’ recent book, Technofeudalism.

Re: Today I've made the difficult decision to reduce the size of Coinbase by ~14%

#123

> - No pure managers: Every leader at Coinbase must also be a strong and active individual contributor. Managers should be like player-coaches, getting their hands dirty alongside their teams. Geeks who didn't even stand near professional sports should really shut up about anything sport related, lol. I would really like to see professional, established coach running around with young prodigies on a peak of their bio…

"They don't even count people, just see them as numbers to reduce/scale up."

I'm remember of when I went out for drinks with a startup consultant friend and she mentioned one founder she spoke with refer to his staff as "biological units" when addressing use of proceeds to hire additional staff.

Re: Today I've made the difficult decision to reduce the size of Coinbase by ~14%

#124

> - No pure managers: Every leader at Coinbase must also be a strong and active individual contributor. Managers should be like player-coaches, getting their hands dirty alongside their teams. Geeks who didn't even stand near professional sports should really shut up about anything sport related, lol. I would really like to see professional, established coach running around with young prodigies on a peak of their bio…

what's the point of having 5 people doing 1 person's job though? sounds stupid to me

delusions of having AI do those roles and the one person in charge over prompting will know the difference between quality and slop... guess which one I'm betting on?

Re: Today I've made the difficult decision to reduce the size of Coinbase by ~14%

#126

Earlier quoted context omitted.

Seriously. Why is everyone just silently accepting this?

What is the alternative

Start your own company. If you’re already doing everything yourself then you don’t need to do it for someone else.

Re: Today I've made the difficult decision to reduce the size of Coinbase by ~14%

#127

The reality is that Coinbase earns on trading volume, and since we are in a crypto bear market, revenue is down. So they have to cut to keep the company profitable (or in line with what the investors expect). While AI is likely a productivity boost, the underlying reason is not AI.

They're so tied to crypto that i'm surprised they haven't been tempted to diversify into other asset classes, or even yolo into prediction markets like robinhood did.

It would be slop, but the market would love it

Re: Today I've made the difficult decision to reduce the size of Coinbase by ~14%

#128
3 years ago they were touting NFTs as the next big thing.

Today, not a single mention in that email.

I can't help but feel that there is a superficial chasing of trends at play here (adopting the same playbook that Block used earlier).

Question is, where will we all be in 3 years from now?

Re: Today I've made the difficult decision to reduce the size of Coinbase by ~14%

#129

> - No pure managers: Every leader at Coinbase must also be a strong and active individual contributor. Managers should be like player-coaches, getting their hands dirty alongside their teams. Geeks who didn't even stand near professional sports should really shut up about anything sport related, lol. I would really like to see professional, established coach running around with young prodigies on a peak of their bio…

[flagged]

Re: Today I've made the difficult decision to reduce the size of Coinbase by ~14%

#130
post #42
post #16

Earlier quoted context omitted.

That statement does not inspire confidence considering how ripe crypto is for hackers/scammers, if anything it makes me want to close my Coinbase account.

Very early in the first Bitcoin boom cycle I had a friend who was into it, so I opened a Coinbase account because I thought it'd be funny to pay him the $15 I owed him for lunch or whatever in Bitcoin. I bought the $15 on a credit card, sent it to his wallet, we had our laughs about it, and I moved on. Years later, after it became clear that the only purpose of cryptocurrencies is scams & crime, I went to close my Co…

If you joined when Coinbase was still giving 0.1BTC signup bonuses, it might be worth trying to retrieve the account
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