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Its more likely that he’s going to lose everything and end up in a bad place, IMO. Coinbase hasn’t cornered the market. They’re one player in an industry where
by pm90 4y ago
Its more likely that he’s going to lose everything and end up in a bad place, IMO.
Coinbase hasn’t cornered the market. They’re one player in an industry where other players aren’t that far behind. They had first mover advantage which it seems like they’ve squandered on dumbass political fights.
Brian should’ve done what other CEOs do: hire a Head of DIB, fund them just enough, and focus on product.
Instead he’s suffered from that ailment that everyone will suffer from when they’re on a success high: they believe they’re somehow just better due to X (doesn’t matter what it is) and all their decisions will then be around defending that core belief.
Or in other words, he is a huge idiot. He’s going to wreck everything and the end result isn’t going to be pretty.