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Coinbase employees petition to remove execs

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Re: Coinbase employees petition to remove execs

#281
post #80

Is there any proof this was even created by Coinbase employees? It seems completely anonymous.

Very good question. Looks like lots of commenters here don't realise this, believe anything and hastefully jump in without questioning this as it could be made by a random user. Always be skeptical around the source of this. > It seems completely anonymous. That's the case here since the Ethereum address has absolutely 0 iterations, making it more harder to trace.

This was after your comment, but FYI Coinbase CEO has replied to this: https://twitter.com/brian_armstrong/status/15353049437284147...

So it probably isn't fake.

Re: Coinbase employees petition to remove execs

#282
Whoever wrote this (do we have any way of even knowing how many employees?) must be completely desperate and does not see any other way to enact change - to the point that the group thinks Coinbase is going under either way so 'might as well try'.

If that is not the case, this is an extremely foolish move. Erodes confidence in the company, peers, everyone.

Re: Coinbase employees petition to remove execs

#283
post #278

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

Not really, you just degraded your employees who had a complaint and told them their jobs aren’t safe without assessing their concerns, you just dismissed the concerns offfhand. Kinda shitty, IMO, but I don’t have a dog in this race so my opinion is not really important. Good luck navigating the future.

This petition was created by one person (may or may not be a current employee) and posted to Blind. There were zero replies before they deleted it.

The creator of this petition then sent it to @Carnage4Life/@GergelyOrosz[1] on Twitter who perpetuated the idea that this had actually been signed by employees and was causing a rucks at Coinbase.

To me this is borderline misinformation because it is not representative of any reality.

[1] https://twitter.com/Carnage4Life/status/1534986892906639360

Re: Coinbase employees petition to remove execs

#284
post #278

Earlier quoted context omitted.

Not really, you just degraded your employees who had a complaint and told them their jobs aren’t safe without assessing their concerns, you just dismissed the concerns offfhand. Kinda shitty, IMO, but I don’t have a dog in this race so my opinion is not really important. Good luck navigating the future.

This petition was created by one person (may or may not be a current employee) and posted to Blind. There were zero replies before they deleted it. The creator of this petition then sent it to @Carnage4Life/@GergelyOrosz[1] on Twitter who perpetuated the idea that this had actually been signed by employees and was causing a rucks at Coinbase. To me this is borderline misinformation because it is not representative of…

I don’t care about the initial trigger much, mostly that the CEO’s first response to a possible employee problem was that it was dumb and to threaten his employees over it. Not a great look regardless of whether it was one employee, zero, or several hundred. Leaders should have much more compassion than this.

Re: Coinbase employees petition to remove execs

#285

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

>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 company's mission.

Re: Coinbase employees petition to remove execs

#286
post #284

Earlier quoted context omitted.

This petition was created by one person (may or may not be a current employee) and posted to Blind. There were zero replies before they deleted it. The creator of this petition then sent it to @Carnage4Life/@GergelyOrosz[1] on Twitter who perpetuated the idea that this had actually been signed by employees and was causing a rucks at Coinbase. To me this is borderline misinformation because it is not representative of…

I don’t care about the initial trigger much, mostly that the CEO’s first response to a possible employee problem was that it was dumb and to threaten his employees over it. Not a great look regardless of whether it was one employee, zero, or several hundred. Leaders should have much more compassion than this.

It’s polarizing definitely. But the flip side is this is a great look for a large subset of the population

Re: Coinbase employees petition to remove execs

#287
post #284

Earlier quoted context omitted.

This petition was created by one person (may or may not be a current employee) and posted to Blind. There were zero replies before they deleted it. The creator of this petition then sent it to @Carnage4Life/@GergelyOrosz[1] on Twitter who perpetuated the idea that this had actually been signed by employees and was causing a rucks at Coinbase. To me this is borderline misinformation because it is not representative of…

I don’t care about the initial trigger much, mostly that the CEO’s first response to a possible employee problem was that it was dumb and to threaten his employees over it. Not a great look regardless of whether it was one employee, zero, or several hundred. Leaders should have much more compassion than this.

That's fair.

I guess I'm just frustrated at these "tech writers" for re-posting unverified information from Blind and then needing to walk it back later. It's unprofessional and risky.

Re: Coinbase employees petition to remove execs

#288
post #185

Earlier quoted context omitted.

Tell me more about how they didn't manage to create a compelling streaming product that failed to gain any market share. Oh wait. That isn't what happened. Is their product now stagnant? Yes. Are they facing market saturation problems and increased competition, withdrawal of content from competitors that were previously partners etc, sure. The engineers they hired were 100% the right engineers, they made streaming wo…

>Netflix team that changed media delivery on the Internet forever. Genuine question Whats the diff between them and yt?

If you are talking exclusively about delivery systems. Bitrate.

At it's peak Netflix accounted for ~35%+ of traffic on the Internet (around 2014-2015 era) alone. Times have obviously changed since then. Not because it had more users than YouTube or more playtime but because it was delivering long-form content in high resolution. Which at the time was a considerable technical challenge, from bandwidth and distribution itself but also to encoding infrastructure.

More broadly Netflix also had a profound impact on the CDN landscape. They made use of all existing CDNs (Akamai, Cloudfront, old stuff I forget) while also building out their own POPs, they paved the way for modern CDNs in many ways. The style of which would eventually be cloned by many players but most importantly Fastly. Fastly would then go on to provide this service to new players like Bytedance to rapidly deploy massive delivery capability with very little ramp-up. They did some less-cool things ofc, they bowed to the HDCP mob and did dumb things like build a Silverlight based client etc. By and large however Netflix has had a positive impact on the industry.

YouTube on the other hand (after acquisition) was largely built with Google tech on Google infra. The only major project to come out of it isn't delivery related is Vitess - a sharding system for MySQL. Its largest impacts on the industry are unfortunately much less savory. Mostly pioneering inventions like pre-roll ads and targeting based on content in which the video is embedded, heinous recommendation algorithms that send people into procrastination spirals etc.

Well that isn't entirely fair, we can thank Youtube for pushing for better encoding standards and tangentially through Chrome making HTML5 video not suck (arguably though, Safari/Webkit was also influential there).

Re: Coinbase employees petition to remove execs

#289
post #47

Earlier quoted context omitted.

Netflix for many years was an outlier because of the stupidly high bar they kept for engineering hires. Obviously that all fell apart a few years ago and have since diluted their talent pool into mediocrity but I still think it's a counter-point for the argument that you can't maintain a high quality team into the ~200 engineers range.

I can't speak to whether your assertion is true or not (I've no experience of Netflix or it's hiring), but it kind of makes sense that this would happen if you think of the Netflix journey to date. They transitioned from a mail order DVD system to online streaming, building that as they went, then moved the lot to the cloud while keeping everything up during it's exponential growth period. There are a lot of really h…

What’s interesting is in my opinion Netflix engineers made the best UI and best reliability with distributed edge-node storage and all those hard problems.

Disney+ still lags ridiculously, but guess which one has the blockbusters?

Re: Coinbase employees petition to remove execs

#290

Earlier quoted context omitted.

Sounds like something that happened at Sun around 1990, which I described earlier: https://news.ycombinator.com/item?id=15660759 At Sun, during the dark days of Solaris, when everyone was depressed and wanted to quit, our manager sat down with each of us and asked: "I want to know your happiness index, a number from 1 to 10. You can use any algorithm you want to come up with it, just use the same algorithm each time…

I don't get why this is viewed as beyond the pale? Sounds like your manager cared about how you all were doing, and wanted a way to observe trends in how you were doing in order to help you, which is the same exact thing a manager does implicitly every time she talks to you. Obviously this isn't reproduceable psychological science, but is there more to the story to explain why you found this to be objectionable?

Seems like a pretty easy way to do layoffs is just to sort by smiley face and get rid of the unhappy ones
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