Coinbase

• Good talent in pockets.
• Opportunity to create a sunrise space.
• Opportunity to create and scale new products and systems.

• Toxic & selfish middle management
• Senior management [is] clueless and [has a] focus on protecting their own loyalists, for which they bend policies in the name of growing top talent, which is largely perceived.
• The way remote teams are set up in other regions (charters, talent quality) takes a disproportionate toll on US teams.
• Cultural tenets are just on paper but are hardly to be seen in practice.

Overall, the org feels like one of those shiny but spurious coin projects, so will quit soon.

Right size senior and middle management and get more builders for the right culture to grow. Clean up the toxic folks and loyalists.