anotherfounder
Joined 9 years ago
Joined 9 years ago
Also, please read all the feedback on the communication style in the blogpost.
https://www.teamblind.com/post/Coinbase-product-team-culture...
Aside from the fact that his response is likely illegal according to California labor code, threatening to fire employee for discussing workplace conditions, it blows my mind how ignorant and illiterate he is when it comes to understanding power dynamics, and even the basic history of labor.
How do you go from being a startup founder to a public company CEO without deeply reflecting about workplaces, employee happiness, dysfunction, power dynamics and history of all of that?!
Feels pretty unethical to take credit for someone else's creative work..
And while we are at 'actual stats' conversation, can we do the following -
- for the sake of this conversation, not divvy up enterprise/saas from devtools and enterprise-y fintech and enterprise-y health?
- publish stats on stanford/mit claim?
- publish stats on previous employer? ex-FAANG vs ex-YC portfolio vs none of those.
I appreciate YC publishing stats but the industry's work is not done when just high-level stats are published without scrutiny.
Both appsec112 and infamia already responded to each of your nitpicks, and we can slice and dice categories, labels and phrasing till the cows come home but I was hoping for a more substantive, introspective or atleast a thoughtful response to the original thread.
Maybe there will be a better forum for this conversation some day but as an under-represented founder, this feels like a cynically but not surprisingly another disappointing conversation.
I find this fascinating, maybe as an example of how institutions think of themselves and how they are actually perceived.
YC feels it is giving outsiders a chance (and that might be true for lot of the intl founders YC funds). But for most in the US, it seems like YC funds only safe SAAS startups, often by founders who were ex-FAANG (or ex-prominent YC startups), who are often white, and often MIT/Stanford.
Maybe it's the definition of 'outsider' that differs, but when I look around founders who reach out, female and founders of color often feel ignored. Consumer founders feel ignored compared to enterprise founders.
There are so many stories of founders who are actual outsiders (woman/PoC and non-elite schools) who have growing, promising, even revenue-generating companies who don't get even an interview and yet, other 'insider' founders (white, male, ex-FAANG or ex-YC portfolio) who get in on a recently thought of high-level idea (and then subsequently pivot a bunch of times in the batch).
I say all of this because it worries me if YC already thinks of itself as funding those outside the mainstream, that it doesn't actually realize who the outsiders are.