Discussion

• @nathanielpopper Nathaniel Popper on x

  NEW: We were sent a trove of inside data on what Coinbase pays its employees. We had an economist crunch the numbers. The upshot: women and Black employees across the company earned far less than their colleagues in similar jobs. https://www.nytimes.com/...

• @kwuchu Iheanyi Ekechukwu on x

  A personal anecdote, my homeboy and I interviewed at Coinbase around the same time and were both extended offers (both declined). When it came to salary, they offered him $10k more than me and we couldn't figure out why. He's a white dude, btw. And we have the same amount of exp.…

• @mdudas @mdudas on x

  The New York Times now covers tech as a political and societal issues beat rather than as a business and innovation beat.

• @mdudas @mdudas on x

  There has been a massive change in how the @nytimes covers tech over the past 5 years. One only needs to look at how they've covered @coinbase in 2020 vs 2013-2015. https://www.nytimes.com/... https://twitter.com/...

• @counternotions Kontra on x

  @charlesarthur Alt theory: Management did decide politics was important, in fact so important that it must be forcefully eradicated from the company to maximize value extraction from human resources. (Today's the Hump Day not the Charity Day.)

• @charlesarthur Charles Arthur on x

  Important phrase there being “similar jobs” (which plenty of the twits in the replies apparently can't understand). That's Coinbase, where they decided that “politics” isn't important and should focus on “the mission”. When a bro tells you who they are... https://twitter.com/...

• @jonst0kes @jonst0kes on x

  If anyone wants to send me comparable data for the NYT, my DMs are open. https://twitter.com/...

• @mccanner Erin Mccann on x

  “The data, recently obtained by The New York Times, indicated that women at Coinbase were paid an average of $13,000, or 8 percent, less than men at a comparable jobs and ranks within the company” https://www.nytimes.com/...

• @ischafer Ian Schafer on x

  Just because you don't want to talk about it doesn't mean the problem doesn't exist https://www.nytimes.com/...

• @jamaalglenn Jamaal Glenn on x

  Coinbase's 'we don't do politics' declaration is turning out to be the most political thing they've done. It's also put a huge spotlight on everything thing they do. No doubt the NYT was sent this precisely because of that spotlight. Should have just kept their mouths shut. https…

• @suhail @suhail on x

  “When she factored in stock options for Coinbase's employees—often an important part of pay at start-ups—the compensation for women and men was roughly the same” In conclusion: women are paid slightly more in stock options for a company about to go public & might make more? 🤔 htt…

• @triketora Tracy Chou on x

  color me SHOCKED that coinbase would pay women and minorities less https://twitter.com/...

• @balajis @balajis on x

  No one trusts your data analysis, Popper. Most of the executives at Coinbase are women and people of color! https://www.coinbase.com/about https://twitter.com/...

• @nathanielpopper Nathaniel Popper on x

  In the top two levels of engineers there were no Black employees. At the third level down, only two of the 58 engineers were Black. One of those was the lowest paid employee in the group, by a wide margin. He made $19k less than the next lowest paid engineer at the same level.

• @zavaindar Zavain Dar on x

  Entirely consistent if you can't talk politics in the office you also can't talk nor address wage discrepancy for black and women employees https://www.nytimes.com/...

• @carnage4life Dare Obasanjo on x

  I feel hoodwinked by Coinbase since I actually agree with a policy of separating politics from work (i.e. don't want pro Trump or Biden discussions in the office) but it seems they primarily did it as a way to quash employees raising questions in the wake of #BlackLivesMatter htt…