[robertlagrant]

> 5% of employees left, and the makeup of the 5% reflected that of the overall workforce. I have to think other companies paid attention to this outcome, although I wonder what internal polling and the like led to CB doing it.

What's your read on this? Bad outcome or good?

[sushicalculus]

I'd say a good outcome for the company. Avoid the distraction of the vocal minority purposefully trying to create "scandals" to subvert the company's leadership.

[thu2111]

Good for the firm, bad for activist employees. That data point will be used against them by people like Cirne.

Clearly we're starting to see firms separating into "we just get work done here" like Coinbase/New Relic and another other category, "all in on identity politics" like Kickstarter, Google. Firms that don't want to go in that direction but were previously unclear on what the damage might be from activist exits now have at least a ballpark figure - and of course that 5% number is exaggerated. Coinbase basically gave people a huge bonus for disagreeing with the new policy. If not paying people to leave, and in the middle of a lockdown recession, the number would surely be lower.

[dogman144]

Good outcome.