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Hchanni
searching PlanetScale…
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by
Hchanni
4y ago
That was my plan, lol I want the company to last for like 2-4 years so I can get my fast promotions and leave haha
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Ask HN: Will Coinbase Last (from an oncoming intern)?
27 points
by
Hchanni
4y ago
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71 comments
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by
Hchanni
4y ago
It is, I'm 20 :P
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by
Hchanni
4y ago
They seem like in a "growth phase" and they went from like 1400 employees in 2021 to around 6k up until start of layoffs, and the amount of users + amount of transactions has dipped.
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by
Hchanni
4y ago
Yeah honestly, I feel like it has been handled the best with the public perception, and the way the twitter fiasco has been handled. However, I really feel the CPO (Chief Product Officer) really needs to get through some more concrete expec
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by
Hchanni
4y ago
Yeah I actually read their shareholders letter, it seems that their Net loss is ~400mil. Which to be fair doesn't seem to be alarming since they were still in their hyper growth phase in Q1. I'd assume their revenue will go down f
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by
Hchanni
4y ago
I thought I'd add, I'm personally really into Crypto and want to see Coinbase last, and so this worries me a bit lol
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Coinbase Burn Rate 1.5 Bil? Will This Company Last?
49 points
by
Hchanni
4y ago
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49 comments