what a sh*t show this has been for me
I’ve heard Brian Armstrong interviewed a few times, I don’t know if Coinbase if a good buy right now or not but he’s an impressive founder.
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After reading the line about " general unsecured creditors" I won’t be using the site any longer.
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Old news but perhaps the writing was on the wall…
The CEO posted a thread on this.
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Or 0.11% of his net worth at the time and less than half the profit he made from selling shares at IPO.
The point wasn’t so much about the logistics of the purchase, rather the order of priority.
If a founder hasn’t got enough time to view houses 9 years after founding a company they’re not running the business well.
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Lol the CEOs etc ran off with your money kids lol crypto aint worth anything anymore
Will this Crypto crash make fintech companies think again about launching crypto products?
- Yes
- No
0 voters
Quite the twitter storm from Brian Armstrong CEO, I happen to agree with some of this. I work for a large FTSE100 company and they definitely seek and encourage feedback but if I pulled this stunt my boss would say the same thing to me. Why are you wasting your time at a company you don’t like?
While some of his points I can agree with in general, the public aspect only exacerbates the problem and reasons why those staff are annoyed, might end up getting more jumping off the fence and in the against camp, probably best to deal with it in a company meeting than on Twitter.
But yeah those employees definitely on a bridge burner route, seen it before never a good look and you never know how you might cross paths again with people, small world in some industries (especially if you’re in a tight geography), just a leave quietly does the trick.
There is the helpful effect that this tweet might ‘encourage’ some to leave and save the company some severance (redundancy) money.
Naturally I have all of my crashing Eth 
currently staked (and locked up) with crumbling Coinbase 
I’m good at investoring. 
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My Crypto portfolio has dropped 19k and my Coinbase shares 3k. Needless to say I’m not amused.
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Happy Cake Day and a warm welcome to you, the latest member of the CashCow Investoring Academy For Inverse Winners.
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You ever tried spreading your luck with AJ Bell shares?*
*not investment advice
p.s. I’m only joking
p.p.s I have the same effect on shares, maybe we could team up on AJ Bell, ha ha
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I have lost 2/3 of my crypto on Coinbase wooooosh!! Gone!!
Am I mad to buy shares in this?. I know that the price has rocketed down, but the fact these shares reached 353 per share 7 months ago, leaves me of the mind that this will be capable again, once the market recovers.
I did this with house prices when they dived, and made a pretty profit, when they recovered. I’m a newbie to this