14%
Coinbase laid of 14% of their employees (~700 employees) and CEO Brian Armstrong signaled that the era of pure people managers has ended.
Eventually the karma police showed up.
Coinbase’s entire platform went down for over 8 hours just days later.
Customers couldn’t even trade.
Every leader at Coinbase must also be a strong and active individual contributor. Managers should be like player-coaches, getting their hands dirty alongside their teams.
— Brian Armstrong
Layoffs will continue to be brutal this year, and I agree with the player-coach shift. Everyone is an IC now, from the c-suite all the way down.
20%
Brian Armstrong: AI forced us to let 700 people go.
Matthew Prince: Hold my beer.
Jokes aside, Greg has an important take here.
“Codex Pilled”
There’s a growing consensus that we’re all going to stare at this UI layout for the next 12 months whether we like it our not.
Some of my favorite people on the internet are officially “codex pilled” and are now evangelizing the gospel of OpenAI on a daily basis.
I still can’t get over how ugly the Codex logo is though.
This alone is reason enough for me not to even download the app.
Kidding of course. Codex is solid, but I’d rather build my own personal operating system that’s not tied to one model or company.
AI-native
Impossible to quantify but my gut tells me Greg is right. It’s hard to make everything at a company queryable by agents especially when humans don’t trust the bots.
HTML 🤝 Markdown
Thariq broke the internet by simply reminding everyone of how incredible HTML is.
I love how AI has pushed us to revert back to simple primitives like Markdown, HTML, Files in Folders, SQL Lite, CLIs, etc.
Why HTML?
Information Density
Fin
Emily Sundberg is one of my favorite writers on the internet. Her voice pops on the page and she doesn’t pull punches. Unapologetically a 1:1. She’s not trying to be someone else and in many cases simply points a mirror at the world.
One of my favorite interviews of the year thus far.
— Daniel