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"We have a much more aligned company now, where we can focus on getting work done toward our mission. And it has allowed us to hire some of the best talent from

"We have a much more aligned company now, where we can focus on getting work done toward our mission. And it has allowed us to hire some of the best talent from organizations where employees are fed up with politics, infighting, and distraction." BIG takeaway. The people on your team attract similar kinds of people to your team. Good for Coinbase. Lots of good lessons here.

sagichmal 5y ago
They lost almost half of their engineering team. Product development has almost stalled. I dunno, man.
- mikeklaas 5y ago
  Do you have a source for that?
  - sagichmal 5y ago
    Friends in engineering at Coinbase?
    - staysafeanon 5y ago
      Not a source. I have friends in engineering at Coinbase. They've doubled their engineering team and development has skyrocketed.
      - sagichmal 5y ago
        (laughs) OK dude.
- StanislavPetrov 5y ago
  Their profits went from $56.4 million in Q1 2021 to $102.6 million in Q2. I think they are doing fine without the woke.
- staysafeanon 5y ago
  You're thinking of Basecamp, not Coinbase.
  - sagichmal 5y ago
    No, I don't know anyone at Basecamp.
    - staysafeanon 5y ago
      Ah, so you're imagining things at Coinbase. Got it.
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- alentist 5y ago
  Why are you lying? https://www.coindesk.com/business/2020/10/08/5-of-coinbase-employees-take-severance-offer-over-apolitical-stance/ https://www.coindesk.com/business/2020/10/08/5-of-coinbase-e...
  - dang 5y ago
    We've banned this account for repeatedly breaking the site guidelines, otherwise abusing the site (such as repeatedly deleting and reposting flagged comments), and ignoring our request to stop. Please don't create accounts to break the rules with. https://news.ycombinator.com/newsguidelines.html https://news.ycombinator.com/newsguidelines.html
    - alentist 5y ago
      Why did you flag my comment? > ignoring our request to stop What request are you talking about?
      - dang 5y ago
        Users flagged your comment, correctly. "Why are you lying" is obviously against the site rules and you posted it numerous times. I'm referring to https://news.ycombinator.com/item?id=25695491 https://news.ycombinator.com/item?id=25695491.
        alentist 5y ago
        The user is quite clearly lying, and reposting the same lie multiple times: https://news.ycombinator.com/item?id=28803751 https://news.ycombinator.com/item?id=28803751 https://news.ycombinator.com/item?id=28809332 https://news.ycombinator.com/item?id=28809332 https://news.ycombinator.com/item?id=28809352 https://news.ycombinator.com/item?id=28809352 And that single comment you linked to is from 9 months ago.
        dang 5y ago
        "Lying" implies intent to deceive. You can't know intent from internet comments, so that's a personal attack, and personal attacks break the site guidelines. When another comment is wrong, it's enough to respectfully supply correct information. Yes, we warned you 9 months ago, which means we warned you. If you break the site guidelines after we've already warned you, you're a lot more likely to get banned—and you broke them repeatedly and egregiously. This is not a borderline call! https://news.ycombinator.com/newsguidelines.html https://news.ycombinator.com/newsguidelines.html

sagichmal 5y ago

They lost almost half of their engineering team. Product development has almost stalled. I dunno, man.

mikeklaas 5y ago
Do you have a source for that?
- sagichmal 5y ago
  Friends in engineering at Coinbase?
  - staysafeanon 5y ago
    Not a source. I have friends in engineering at Coinbase. They've doubled their engineering team and development has skyrocketed.
    - sagichmal 5y ago
      (laughs) OK dude.
StanislavPetrov 5y ago
Their profits went from $56.4 million in Q1 2021 to $102.6 million in Q2. I think they are doing fine without the woke.
staysafeanon 5y ago
You're thinking of Basecamp, not Coinbase.
- sagichmal 5y ago
  No, I don't know anyone at Basecamp.
  - staysafeanon 5y ago
    Ah, so you're imagining things at Coinbase. Got it.
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alentist 5y ago
Why are you lying? https://www.coindesk.com/business/2020/10/08/5-of-coinbase-employees-take-severance-offer-over-apolitical-stance/ https://www.coindesk.com/business/2020/10/08/5-of-coinbase-e...
- dang 5y ago
  We've banned this account for repeatedly breaking the site guidelines, otherwise abusing the site (such as repeatedly deleting and reposting flagged comments), and ignoring our request to stop. Please don't create accounts to break the rules with. https://news.ycombinator.com/newsguidelines.html https://news.ycombinator.com/newsguidelines.html
  - alentist 5y ago
    Why did you flag my comment? > ignoring our request to stop What request are you talking about?
    - dang 5y ago
      Users flagged your comment, correctly. "Why are you lying" is obviously against the site rules and you posted it numerous times. I'm referring to https://news.ycombinator.com/item?id=25695491 https://news.ycombinator.com/item?id=25695491.
      - alentist 5y ago
        The user is quite clearly lying, and reposting the same lie multiple times: https://news.ycombinator.com/item?id=28803751 https://news.ycombinator.com/item?id=28803751 https://news.ycombinator.com/item?id=28809332 https://news.ycombinator.com/item?id=28809332 https://news.ycombinator.com/item?id=28809352 https://news.ycombinator.com/item?id=28809352 And that single comment you linked to is from 9 months ago.
        dang 5y ago
        "Lying" implies intent to deceive. You can't know intent from internet comments, so that's a personal attack, and personal attacks break the site guidelines. When another comment is wrong, it's enough to respectfully supply correct information. Yes, we warned you 9 months ago, which means we warned you. If you break the site guidelines after we've already warned you, you're a lot more likely to get banned—and you broke them repeatedly and egregiously. This is not a borderline call! https://news.ycombinator.com/newsguidelines.html https://news.ycombinator.com/newsguidelines.html