>> It leads with the collapse of NFTs, which has little if anything to do with Coinbase or its execs; it complains about infra/tech debt but says nothing about

>> It leads with the collapse of NFTs, which has little if anything to do with Coinbase or its execs; it complains about infra/tech debt but says nothing about why that's bad, much less the execs' fault; It has everything to with Coinbase and it's execs. The astronomical compensations at C-suite and leadership is to build strategy and vision around where to invest (e.g. NFTs?), how to differentiate your offering (e.g. vs. Open Sea), and how to minimize risk, and maximize success (e.g. adoption). Investing too much in new initiatives, while not building the right platforms, and tech infra for it, will lead to even higher tech debt and more chaos - so they seem like logically reasonable complaints. Whether they are true or not I have no idea but the points do not seem vague at all.