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throwaway38475 | 3 years ago

I work for a YC company called Coinbase and it is absolutely terrible here because of the C level execs. They are terrible at their jobs and from the inside, the org seems to be falling apart. I've noticed that since the layoffs there is no motivation anywhere. People are hardly on slack and it takes forever to get anything done. I hate blind but it's a constant complaint that no one is working anymore.

Seems like Brian was fooled into hiring all these leaders that don't understand people or the space but have great credentials. As for Brian himself, he is the most uninspiring leader I have ever worked under. He is a platitude robot saying nothing more than 'Crypto will lead to economic freedom' and 'now is the time to build'. Before the crypto crash it seems like the only motivator was money, now that that is gone the company is slowly spiraling and no one cares. Mostly because the execs don't care, the CFO and CPO both cashed out all of their shares during IPO. If they don't believe how can we lowly engineers.

A blind comment that really resonated with me and the few others I've shared with: https://imgur.com/a/jrA3oCL

Another thing, if Brian reads this he will probably go on another twitter rant rather than actually address the company.

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throwaway_4ever|3 years ago

> He is a platitude robot saying nothing more than 'Crypto will lead to economic freedom' and 'now is the time to build'. Before the crypto crash it seems like the only motivator was money

Yes, that's what it's always been about with coinbase. That's why they sold their equity on a traditional finance platform for USD $ and why Brian bought a $130m mansion. 10 years later what has crypto accomplished besides grifting people out of their savings through 3% commissions and scams? Do you know how useful Google, or like any other company, was after 10 years?

throwfh80h82|3 years ago

How else could Coinbase have ended up? It's a company for people to speculate on digital tokens. There's no grand mission to the thing, his rhetoric has always struck me as hollow and self-serving. "Create more economic freedom" lol. I have an account, the app didn't even show you your return till fairly recently.

Coinbase will die, even if crypto survives. But he's already taken out his millions.

yomkippur|3 years ago

at this point I wouldn't be surprised if some of them are cooperating with the feds