[jmharvey]

Seems unlikely. From their blog yesterday:

  This is probably as good a time as any to mention 
  that if you are in SF and are an awesome software 
  engineer, we’re hiring: https://coinbase.com/jobs

Companies that are running out of cash tend not to hang big, "we're hiring" signs in the window.

[niggler]

Companies that want to give the impression that they are thriving also hang "we're hiring" signs.

[jessaustin]

This will affect the response they get from "awesome software engineers in SF", even if they are actually thriving.