1 month ago on the earnings call Brian was talking how they will continue to invest and expand. 1 week later freeze, 3 weeks later rescinded offers, now layoffs. The C-suite is absolutely clueless. I think these people got really lucky with timing and the FED pumping liquidity. https://www.cnbc.com/amp/2022/06/14/coinbase-lays-off-18percent-as-execs-prepare-for-recession-crypto-winter.html
India
Yesterday
1088
Ideal indian parents
India
Yesterday
587
A list of ethnic slurs on Indians that should be banned on Blind
Tech Industry
Yesterday
945
PM is irrelevant role and will die in next 2-3 years.
Tech Industry
Yesterday
957
Is meta really worth the wait?
Tech Industry
8h
977
Why doesn't OpenAI offshore and reduce expense by 80%
Crypto is dumb
House of cards falling 📉
Clueless idiots running a business based on a ponzi scheme. What else can you expect
Wouldn’t necessarily call them idiots tho. It was a very successful scheme for those at the top, they made a shitload of money, even if everything burns to the ground today.
Classic crypto story. From the coins to the NFT collections to the companies themselves. It's part of the ethos
If anyone thinks crypto is anything more than Ponzi scheme then good luck to them!
Thanks but don't need luck; have a ton of crypto so have already lucked out for life ;) Bought when blind told me to buy and everything was a few bucks.
I doubt Charles Ponzi would’ve invested in Coinbase
Clueless or reacting to changes in the market? No one can predict the future, not even c suite lol.
There’s been indicators of this for literally months now
Go listen to the latest call. Brian was talking how they will continue investing thorough the crypto winter and possible recession.
It’s an entire business built around crypto. Of course it’s going to attract clueless people at all levels.
Probably a bad time to be running those “Crypto is dead” ads.
What ad ? Never seen it
Armstrong seems like an awful leader.
More like "Armweak" amirite??
He makes even Jack looks not completely clueless
Pm for Binance referral
Hop off the Titanic and jump on the Hindenburg
HFSP
Just buy puts
Bought mine yesterday 😊
Let’s see how the market reacts at open today