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cover of episode E77: Tech work culture, crypto regulation, stablecoins, $NFLX & more w/ Coinbase CEO Brian Armstrong

E77: Tech work culture, crypto regulation, stablecoins, $NFLX & more w/ Coinbase CEO Brian Armstrong

2022/4/23
logo of podcast All-In with Chamath, Jason, Sacks & Friedberg

All-In with Chamath, Jason, Sacks & Friedberg

AI Deep Dive AI Chapters Transcript
People
B
Brian Armstrong
作为Coinbase的首席执行官和亿万富翁,布莱恩·阿姆斯特朗在加密货币领域取得了显著成就,并因其在工作场所保持政治中立的政策而引起关注。
C
Chamath Palihapitiya
以深刻的投资见解和社会资本主义理念而闻名的风险投资家和企业家。
D
David Sacks
一位在房地产法和技术政策领域都有影响力的律师和学者。
Topics
Brian Armstrong:Coinbase的文化重整虽然经历了痛苦的过渡期,造成了部分员工离职,但长期来看对公司发展非常有利,提升了生产力并吸引了更多人才。他认为许多硅谷公司管理层被员工牵制,难以推动公司发展,如果一开始就明确公司文化,就能避免痛苦的重整过程。他认为公司应该拥有雄心勃勃的使命,CEO需要果断拒绝偏离目标的行为,并与那些无助于提升公司整体水平的人员分道扬镳。他同时认为,公司文化应该在追求目标和关注员工体验之间取得平衡。 David Sacks:他认为近几年来,公司内部员工激进主义日益增多,迫使CEO做出让步。他以苹果、迪士尼和Netflix为例,说明了公司屈服于员工压力所带来的负面后果。他认为,公司最终必须决定是屈服于员工压力,还是坚持公司使命,Coinbase的选择是后者,最终取得了成功。他认为,在未来,每家公司都将面临类似的抉择,最终结果将决定其成败。 Chamath Palihapitiya:他认为年轻人可以通过创办或加入使命驱动的公司来推动社会变革,而不是仅仅成为一名激进主义者。他认为,通过在市场上证明自己的价值,并建立良好的声誉,才能真正地产生影响。他还认为,如果想要产生真正可持续的改变,就必须付出巨大的努力,并且要坚持自己的目标,而不是仅仅追求短暂的流行趋势。

Deep Dive

Chapters
Coinbase CEO Brian Armstrong discusses his decision to prioritize a mission-focused work culture, the initial challenges faced due to employee departures, and the long-term positive effects on productivity and talent acquisition. He highlights the importance of establishing clear expectations upfront to avoid painful realignments.
  • 5% of Coinbase employees opted for exit packages after the mission-focused policy was implemented.
  • The policy aimed to improve productivity by reducing discussions of social issues at work.
  • Armstrong believes the policy has been positive overall, leading to increased productivity and attracting top talent.

Shownotes Transcript

0:00 Bestie Intros + a new Bestie Guestie!

4:37 Coinbase CEO Brian Armstrong reflects on his "mission-focused company" blog post, work culture in tech/Silicon Valley, realigning culture at Coinbase

26:25 Crypto regulation and adoption

46:37 Brian's takes on different types of stablecoins

51:14 Netflix's major headwinds

Follow the besties:

https://twitter.com/chamath)

https://linktr.ee/calacanis)

https://twitter.com/DavidSacks)

https://twitter.com/friedberg)

Follow the pod:

https://twitter.com/theallinpod)

https://linktr.ee/allinpodcast)

Intro Music Credit:

https://rb.gy/tppkzl)

https://twitter.com/yung_spielburg)

Intro Video Credit:

https://twitter.com/TheZachEffect)

Referenced in the show:

https://blog.coinbase.com/coinbase-is-a-mission-focused-company-af882df8804)

https://www.theverge.com/2021/5/12/22433437/apple-hire-antonio-garcia-martinez-out-petition-investigation)

https://www.theverge.com/2021/5/20/22446059/apple-employees-palestinians-support-internal-letter-tim-cook)

https://www.theverge.com/2021/6/4/22491629/apple-employees-push-back-return-office-internal-letter-tim-cook)

https://www.wsj.com/articles/revolt-in-disneys-florida-kingdom-ron-desantis-bob-chapek-11650578648)

https://variety.com/2021/film/news/dave-chappelle-netflix-ted-sarandos-i-screwed-up-1235093098/)

https://sacks.substack.com/p/your-startup-is-a-movement?s=r)

https://twitter.com/brian_armstrong/status/1435439291715358721)

https://www.whitehouse.gov/briefing-room/statements-releases/2022/03/09/fact-sheet-president-biden-to-sign-executive-order-on-ensuring-responsible-innovation-in-digital-assets/)

https://www.investopedia.com/terms/h/howey-test.asp)

https://www.wsj.com/articles/crypto-thieves-get-bolder-by-the-heist-stealing-record-amounts-11650582598)

https://techcrunch.com/2022/04/06/axie-infinity-creator-raises-150m-round-to-compensate-victims-of-625m-ronin-hack/)

https://twitter.com/balajis/status/1402030233319088139)

https://nypost.com/2022/04/21/ex-mcdonalds-ceo-rensi-companies-have-no-business-in-politics/)

https://www.pbs.org/newshour/arts/netflix-loses-200000-subscribers-projects-even-deeper-losses-this-spring)

https://www.google.com/finance/quote/NFLX:NASDAQ)

https://ycharts.com/companies/NFLX/market_cap)

https://www.bloomberg.com/news/articles/2022-04-20/ackman-loses-more-than-430-million-on-three-month-netflix-bet)

https://www.google.com/finance/quote/FB:NASDAQ)

https://www.google.com/finance/quote/GOOG:NASDAQ)

https://twitter.com/elonmusk/status/1516600269899026432)

https://summit.allinpodcast.co/)