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Coinbase also had their name/logo all over the NBA Finals - both in TV ads as well as branding and logos physically on the courts. Millions of dollars in ad spe
by mikeyouse 4y ago
Coinbase also had their name/logo all over the NBA Finals - both in TV ads as well as branding and logos physically on the courts. Millions of dollars in ad spend while they are laying off swaths of their staff..
- mbreese 4y agoIt looks bad now, but really, when those contracts were signed (and paid for), layoffs seemed like an impossibility. And once those were deals are finalized, it’s not something that you can really pull back from. Sadly, all it serves to do now is remind potential customers of how bad things are right now for Crypto. It a bad look, and I feel for everyone affected by the layoffs. But this isn’t a decision Coinbase made two weeks ago.
- rurp 4y ago> when those contracts were signed (and paid for), layoffs seemed like an impossibility. The decision makers at Coinbase might have thought so, but they were clearly wrong. A massive crypto collapse is probably the most predictable financial crash in decades.