I mean, I usually look for another job every year or two. If someone is also willing to pay me lavish amounts of money to do that and take a trip across Europe in between, please sign me up.
why? typically RSUs/signing bonus vest over 4 years period
A follow up to Coinbase being a mission focused company
71–80 of 774 posts
Re: A follow up to Coinbase being a mission focused company
#72I'm curious to know how many of these exits were in engineering – those with the privilege to know another engineering job is immediately available somewhere else – versus other roles in the company.
Re: A follow up to Coinbase being a mission focused company
#73Honest gut impression - they were probably dead weight anyway? Talking politics at work rather than, you know, getting work done.
I've certainly worked with a number of the type.
Re: A follow up to Coinbase being a mission focused company
#74Earlier quoted context omitted.
Coinbase didn't say "no politics" or "we support the status quo". They just said that the company is focused on cryptocurrency, and won't engage in political causes other than supporting cryptocurrency.
As someone else pointed out, they seem to have no problem in donating to political candidates as a corporation so this is the height of hypocrisy. Individual employees don't get to have a say in the direction of the company's politics.
I don't see the hypocrisy. Like I said, the company's been quite open about the fact that they will continue to engage in cryptocurrency-related politics.
Re: A follow up to Coinbase being a mission focused company
#75The policy seems pretty reasonable to me. Surprising that 60 people would quit because the company wants to make money instead of virtue signal.
Re: A follow up to Coinbase being a mission focused company
#76"We are the 5%" will make a great political slogan.
Yeah, that was already taken decades ago: https://en.wikipedia.org/wiki/Five-Percent_Nation
Re: A follow up to Coinbase being a mission focused company
#77Of course, it's impossible to know now, but I wonder how many people would've still left if there was no exit package. It's possible some decided they wanted to work somewhere else and saw a way out.
Re: A follow up to Coinbase being a mission focused company
#78I don't think it can be understated how much saying 'no politics' is a political statement. Supporting the status quo is a political statement. And supporting the status quo in this political climate is a strange hill to plant your flag on.
This idea of "everything is political" is why the discourse went to shit, now nobody can catch a break from politics, and if you had enough and don't want to take part then you instantly gets attacked for "supporting the status quo". I prefer to not be lectured on political issues by my orange juice brand. Their mission should be to sell high quality orange juice and make a profit.
Your life may not be political.
My life may not be political.
But the life of a black trans woman? That's political by its very nature, in today's climate. One party doesn't want her to be allowed to exist, the other does.
Believing it's possible to be "apolitical" in any time of polarization is a privilege of those who benefit from the status quo.
Re: A follow up to Coinbase being a mission focused company
#79> “I’m worried that the severance package was too good” Yeah... I'm genuinely curious how many people actually quit over the "apolitical" stance, vs employees that were just unhappy with the job in general and took this convenient opportunity to leave with a pretty sweet deal.
Remember that this is a press release, not independent journalism. This press release tries hard to position it as "people left because of the severance was really good" because that narrative is in Coinbase's interest. That may be true, but it's also possible most of 60 people quit through this program because they were upset about it.
In an ideal world a reporter could answer your question by talking to many of the people who quit and ask what motivated their decision, but the severance package almost certainly came with an NDA that would make doing so impossible.
So we'll likely never know. Probably one should assume that the answer doesn't look great for Coinbase's narrative; if they thought it would, they might have done a survey and published data from it.
Re: A follow up to Coinbase being a mission focused company
#80I don't think it can be understated how much saying 'no politics' is a political statement. Supporting the status quo is a political statement. And supporting the status quo in this political climate is a strange hill to plant your flag on.
You are correct in your "understatement" claim, though I suspect unintentionally so. Yes, "avoiding politics" cuts into time you could be spending advancing progressive politics. So does writing software. So does watching a movie with your spouse. So does sleeping. So does every single thing that isn't literally "advancing progressive politics." "No politics = politics" is an utterly vacuous statement.
The stance "I am now and forever apolitical regardless of the state of the world or how political decisions affect me or others" is true no politics.
The stance "I am avoiding politics because there's nothing worth my time to be an activist about but I would if that changed and political decisions started seriously affecting me, my family, or my friends" is "the status quo is fine."
The stance "I'm avoiding politics because it's bad for my metal health or $any_criticism" is an act of protest! Super political.
I have genuinely never met someone in the first camp.