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Two theories I've seen: 1) Coinbase's corporate culture is more libertarian (where an argument on "don't focus on politics" may go across more reasonably) whil
by minimaxir 6y ago
Two theories I've seen:
1) Coinbase's corporate culture is more libertarian (where an argument on "don't focus on politics" may go across more reasonably) while Basecamp's entire corporate brand is based on power for employees.
2) Coinbase was about to IPO and thus taking a buyout is harder to justify financially, while Basecamp equity is essentially worthless.
- throwawaysea 6y agoDoes Basecamp provide equity? And if so how does that equity turn into something liquid for employees - do they get a share of profits based on that equity?
- jamie_ca 6y agoThey had what I understand to be a fairly generous profit-sharing arrangement once you hit a few years tenure.
- swyx 6y agocan anyone ballpark numbers for what generous means? i know this question sounds nosy but i just want to know if this is closer to like 10k or 100k or 1,000k a year. i'm sure examples of each exist in the world under "profit sharing"
- deleted 6y ago[deleted]
- Ar-Curunir 6y ago> Coinbase's corporate culture is more libertarian (where an argument on "don't focus on politics" may go across more reasonably) How is it reasonable to enforce "no politics" when the company's culture is based on a niche political tendency? The more reasonable interpretation is "no politics that looks different from our existing politics"