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Coinbase employees petition to remove execs

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Re: Coinbase employees petition to remove execs

#483

I’ve become convinced that hiring more people is generally a warning sign. A team of between a few and about twenty people seems to produce all the good stuff. Anything beyond that, your value per employee drops drastically, and your cost per employee goes up as you need to offer higher and higher salaries to stay in competition. A company going on a hiring spree is now a negative indicator for me. I think FB, Goog,…

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Re: Coinbase employees petition to remove execs

#485

Earlier 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…

That argument really falls flat when you realize that this guy is the co-founder and CEO, i.e. he was already there and in charge when these people decided to join him. If you don't like a company's leadership, obviously don't go work there. If you do, then decide you don't like them, obviously you quit. A 5-year old could understand that. Though it's beyond the anarchist collective on HN, apparently.

When you have poured your life energy out creating technology for a business you believe in and find to be a force for good, it is hard when business people come in and systematically uproot all the good. Yes, one must leave, but one leaves behind a lot of good work.

Re: Coinbase employees petition to remove execs

#486

Earlier 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…

That argument really falls flat when you realize that this guy is the co-founder and CEO, i.e. he was already there and in charge when these people decided to join him. If you don't like a company's leadership, obviously don't go work there. If you do, then decide you don't like them, obviously you quit. A 5-year old could understand that. Though it's beyond the anarchist collective on HN, apparently.

[deleted]

Re: Coinbase employees petition to remove execs

#487

Earlier 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…

That argument really falls flat when you realize that this guy is the co-founder and CEO, i.e. he was already there and in charge when these people decided to join him. If you don't like a company's leadership, obviously don't go work there. If you do, then decide you don't like them, obviously you quit. A 5-year old could understand that. Though it's beyond the anarchist collective on HN, apparently.

It doesn't fall flat. Brian is ostensibly taking no accountability here.

Re: Coinbase employees petition to remove execs

#488

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

Brian armstrong: Buys $133M LA property and pockets $1.3B in share sales with co-founders.

Brian armstrong: We need to lay-off 18% of our workforce to stay healthy as a company.

Brian armstrong: Doesn't slash his $60M compensation to help retain some staff who've contributed to building the company.

Also, Brian armstrong: I take accountability.

Clearly not.

It seems to me that it's not the company's health he's worried about.

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