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If there is a slight here, I suspect it's the belief that Coinbase was effectively a pump and dump on behalf of the founders and some investors - for which the
by lumost 4y ago
If there is a slight here, I suspect it's the belief that Coinbase was effectively a pump and dump on behalf of the founders and some investors - for which the employees were along for the ride.
That Armstrong liquidated a large position and moved it into real estate, plus the lackluster stock performance compared to what coinbase was likely promising employees leads to this feeling. For a while, coinbase was competing with the top firms in the world on Compensation - the employees probably missed out by joining.
But that's the breaks, I doubt many employees would have been happier if the founders and core investors in coinbase were taking a bath to.