Coinbase employees petition to remove execs

Re:Coinbase employees petition to remove execs by blocked_again on Friday June 10, 2022 @10:57AM (#31695105)

I think the fact that these companies are successful inspite of this shows how good their initial product market fit and founders(CEOs) were. Even after having non builders in key leadership position these companies survived and continue to thrive. Just think about it. Business school admissions are not given on the basis on how well you can run a company long term.

I think companies like coinbase can't afford to have non builders in leadership because they don't have a strong product market fit compared to Facebook, Tesla cars, AWS etc.

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Re:Coinbase employees petition to remove execs by ameister14 on Friday June 10, 2022 @11:08AM (#31695251)

Almost every public company has a CFO and/or COO that has an MBA. It's not an 'in spite of;' financials get complicated as do business operations and those two things are what an MBA is for, other than networking.

Also, I know a lot of entrepreneurial people that do not do very well when the company gets beyond a certain size. They can't operate within a system of greater restriction and don't want to follow best practices for employees. Managers are often not good builders and builders aren't always good managers.

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Re:Coinbase employees petition to remove execs by hackernewds on Friday June 10, 2022 @11:19PM (#31701626)

Addendums to fix the initial assessment? It's overrated that engineers and entrepreneurs can self manage. Look at any team of engineers without a good EM or PM

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