Responded here https://twitter.com/brian_armstrong/status/15353049437284147...
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Coinbase employees petition to remove execs
371–380 of 488 posts
Re: Coinbase employees petition to remove execs
#372Responded 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 compan…
It's wierd tho because it's not ENTIRELY tone-deaf. When i was reading it i would agree wholehearitly with some, and wince at others.
If he would have left it at these two points and immeditaly called a company all hands:
>First of all, if you want to do a vote of no confidence, you should do it on me and not blame the execs. Who do you think is running this company? I was a little offended not to be included :)
> Our culture is to praise in public, and criticize in private. Posting this publicly is also deeply unethical because it harms your fellow co-workers, along with shareholders and customers.
Re: Coinbase employees petition to remove execs
#373Responded 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…
Dutchie?
Re: Coinbase employees petition to remove execs
#374Earlier 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…
It's wierd tho because it's not ENTIRELY tone-deaf. When i was reading it i would agree wholehearitly with some, and wince at others. If he would have left it at these two points and immeditaly called a company all hands: >First of all, if you want to do a vote of no confidence, you should do it on me and not blame the execs. Who do you think is running this company? I was a little offended not to be included :) > Ou…
"Please don't make this public, because then the investors will find out and they'll come after me."
Re: Coinbase employees petition to remove execs
#375Earlier quoted context omitted.
Was Coinbase the company that paid-off employees to leave when it implemented the "no politics at work" policy? I had my suspicions that this would result in chilling /suppression of dissent as "politics".
nah that was DHH's company. I honestly forget what it was called. yo?
Coinbase followed suit and Brian heavily praised DHH for it on Twitter.
Re: Coinbase employees petition to remove execs
#376Earlier quoted context omitted.
> if you get caught you will be fired Retaliation?
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…
If your execs prevent your employees from interacting with the board of directors, their only option is to go public to get the board and investors' attention. Brian only wants this to stay internal because he can control the narrative, how people communicate about it, and what the board and investors are made aware of.
Re: Coinbase employees petition to remove execs
#377I have been watching this unfold ever since I bought my very first crypto on Coinbase many years ago. I can not believe that Brian Armstrong does not ever do a moral accounting and deep dive inside himself. If he was not such a narcissist, he could have the best CEX, going away. But, he continues to shoot himself in both feet at every turn. I feel sorry for such a self-UNaware person who thinks he is better than ever…
Its more likely that he’s going to lose everything and end up in a bad place, IMO.
Coinbase hasn’t cornered the market. They’re one player in an industry where other players aren’t that far behind. They had first mover advantage which it seems like they’ve squandered on dumbass political fights.
Brian should’ve done what other CEOs do: hire a Head of DIB, fund them just enough, and focus on product.
Instead he’s suffered from that ailment that everyone will suffer from when they’re on a success high: they believe they’re somehow just better due to X (doesn’t matter what it is) and all their decisions will then be around defending that core belief.
Or in other words, he is a huge idiot. He’s going to wreck everything and the end result isn’t going to be pretty.
Re: Coinbase employees petition to remove execs
#378Am I missing something or is there no way to see how many signatures there are?
Re: Coinbase employees petition to remove execs
#379Earlier quoted context omitted.
One of the stated goals of the no-politics at work stuff was to allow Coinbase staff to "Support each other, and create team cohesion". It doesn't look like that has happened!
How do you know? You can't deduce this from one post.
What do you think I'm saying I know?