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> I don't understand how there can be such a push for a vote of no-confidence in three C-level people with no mention of the CEO that ostensibly chose, managed,

by ayewo 4y ago

> I don't understand how there can be such a push for a vote of no-confidence in three C-level people with no mention of the CEO that ostensibly chose, managed, and retained them. The CEO and his C-suite all have agency. If one member of the C-suite misbehaves professionally, you are suggesting that the one who hired/managed him/her should be punished alongside the errant person by virtue of association, rather than by establishing concrete evidence that they both acted in concert?

saurik 4y ago
I am assuming/suggesting that if NOT one, not even two, but three core members of the C-suite fail to do their jobs correctly--jobs that are described as fundamental to the company: defining product direction and allocating corporate resources--then it would seem strange not to cast at least some blame on the person who leads them, whether for having chose them in the first place, for having managed or directed them incorrectly, or for having continued to retain them to this point... if this isn't the CEO's fault, then what even is the CEO doing? Is his job just to make controversial statements on Twitter?
- ayewo 4y ago
  Well, the whole post was written by one or more faceless individuals [1], so rather than allow my emotions lead me to make premature judgement in the face of incomplete information, I decided it was best to suspend judgement [2] by treating the claims made as what they truly are: allegations. Premature judgement is what is causing a lot of commenters to elevate these anonymous claims to the level of facts, rather than wait until an interested party (like an external investigator commissioned by the board of directors, or a regulator like SEC) is able to substantiate any or all of the claims. I don't work for Coinbase, so I am in no position to speak on whether the CEO is at fault or not. Any attempt to do so as an outsider with limited information would be pure speculation. [1]: https://news.ycombinator.com/item?id=31697142 https://news.ycombinator.com/item?id=31697142 [2]: https://en.wikipedia.org/wiki/Suspension_of_judgment https://en.wikipedia.org/wiki/Suspension_of_judgment

by ayewo 4y ago

saurik 4y ago

I am assuming/suggesting that if NOT one, not even two, but three core members of the C-suite fail to do their jobs correctly--jobs that are described as fundamental to the company: defining product direction and allocating corporate resources--then it would seem strange not to cast at least some blame on the person who leads them, whether for having chose them in the first place, for having managed or directed them incorrectly, or for having continued to retain them to this point... if this isn't the CEO's fault, then what even is the CEO doing? Is his job just to make controversial statements on Twitter?

ayewo 4y ago
Well, the whole post was written by one or more faceless individuals [1], so rather than allow my emotions lead me to make premature judgement in the face of incomplete information, I decided it was best to suspend judgement [2] by treating the claims made as what they truly are: allegations. Premature judgement is what is causing a lot of commenters to elevate these anonymous claims to the level of facts, rather than wait until an interested party (like an external investigator commissioned by the board of directors, or a regulator like SEC) is able to substantiate any or all of the claims. I don't work for Coinbase, so I am in no position to speak on whether the CEO is at fault or not. Any attempt to do so as an outsider with limited information would be pure speculation. [1]: https://news.ycombinator.com/item?id=31697142 https://news.ycombinator.com/item?id=31697142 [2]: https://en.wikipedia.org/wiki/Suspension_of_judgment https://en.wikipedia.org/wiki/Suspension_of_judgment