A year ago, the CEO of Coinbase paid employees who were the most passionate about social justice and political causes to leave. See “Coinbase is a mission focused company” and also “Taking a Stand Against Social Stances” (NYT, 9/29/2020). (If he’d been a Southerner he might have said “Don’t let the screen door hit you on the butt on your way out.”)
In other words, he was trying to create something like the Florida that we’ve experienced. After nearly two months here, I have seen exactly one Black Lives Matter message (bumper sticker on a black (not “Black”) Toyota Prius as we were on an excursion to Miami (IKEA, Guitar Hotel, and Marlins baseball game)). Supposedly there are a lot of people here who voted for either Trump or Biden, but there is no evidence of that from lawn signs or bumper stickers. Bumper stickers are display at perhaps 1/200th the rate compared to in Maskachusetts and the most common type of bumper sticker is school-related.
What happens at a company without on-the-clock activism? Discrimination against those who identify as Black, according to the NYT… “‘Tokenized’: Inside Black Workers’ Struggles at the King of Crypto Start-Ups” (11/27/2020):
One by one, they left. Some quit. Others were fired. All were Black.
The 15 people worked at Coinbase, the most valuable U.S. cryptocurrency start-up, where they represented roughly three-quarters of the Black employees at the 600-person company. Before leaving in late 2018 and early 2019, at least 11 of them informed the human resources department or their managers about what they said was racist or discriminatory treatment, five people with knowledge of the situation said.
One of the employees was Alysa Butler, 25, who worked in recruiting. During her time at Coinbase, she said, she told her manager several times about how he and others excluded her from meetings and conversations, making her feel invisible.
“Most people of color working in tech know that there’s a diversity problem,” said Ms. Butler, who resigned in April 2019. “But I’ve never experienced anything like Coinbase.”
(Wikipedia says Coinbase is “remote-first”, so how do employees know anything about the race IDs of other employees? See Achieve college student skin color diversity via image processing? as well)
How did it go for Coinbase from Management’s perspective? The CEO who wanted people to fight their social justice and political battles on their own time followed up with a Twitter thread:
It’s been about a year since my mission-focused blog post. It wasn’t easy to go through at the time, but looking back, it turned out to be one of the most positive changes I’ve made at Coinbase, and I’d recommend it to others.
We have a much more aligned company now, where we can focus on getting work done toward our mission. And it has allowed us to hire some of the best talent from organizations where employees are fed up with politics, infighting, and distraction.
One of the biggest concerns around our stance was that it would impact our diversity numbers. Since my post, we’ve grown our headcount about 110%, while our diversity numbers have remained the same, or even improved on some metrics.
Several people told me this would never happen when I circulated the original draft internally. It turns out that there are people from every background who want to work at a mission focused company.
If he is putting employees into buckets based on skin color in order to get “diversity numbers”, isn’t he himself engaging in a social justice cause at work? There was no legal requirement for Coinbase to gather these data, right? (Let me guess right now that age is not one of the axes of diversity for which Mr. Armstrong is anxious to get numbers!)
In other diversity news, the guy who stirred up hatred at University of Chicago (see “Geophysical Sciences Grad Students Call on Faculty to Denounce Videos By Department Member” 12/2/2020) got literally canceled at MIT, where he had been scheduled to give a lecture. From the Daily Mail:
…. after outraging ‘totalitarian’ Twitter mob by arguing that academic evaluations should be based on merit not racial ‘equity’
Dorian Abbot was denied the opportunity to give the Carlson Lecture, which is devoted to ‘new results in climate science’ and hosted by MIT’s Earth, Atmospheric, and Planetary Sciences.
The lecture was scheduled to be delivered on October 21, but Abbot learned over the weekend that EAPS would be canceling his talk.
In August, things took a turn when Abbot co-wrote an opinion piece for Newsweek in which he argued that the ‘Diversity, Equity, and Inclusion’ (DEI) initiative embraced on many college campuses nationwide ‘violates the ethical and legal principle of equal treatment.’
DEI, according to Abbot and co-author Professor Ivan Marinovic, ‘treats persons as merely means to an end, giving primacy to a statistic over the individuality of a human being.’
Abbot and Marinovic instead proposed ‘an alternative framework called Merit, Fairness, and Equality (MFE) whereby university applicants are treated as individuals and evaluated through a rigorous and unbiased process based on their merit and qualifications alone.’
(But who decides “merit”?)
It is kind of exciting for alumni when MIT can share a newspaper with Joe Biden’s $2.5 million granddaughter.
What would Dorian Abbot have talked about? He seems to be at least a little interested in Snowball Earth, one of my favorite geology subjects ever since reading an awesome book on the subject. He’s also interested in exoplanets, which fascinate everyone far more than how their Windows 11 computer or iPhone work. Maybe if Professor Abbot can get Elon Musk to blast him off to Gliese 273b (shouldn’t take that long to go 12.2 light-years in a Plaid Edition rocket), his critics will forget about him?
Full post, including comments
- “Tesla must pay $137 million to a Black employee who sued for racial discrimination” (NPR, 10/5/2021), in which we learn that the article doesn’t match the headline. The now-rich elevator operator worked for a contractor to Tesla and was never directly employed by Tesla. (electrek has a more accurate headline: “Tesla is ordered to pay ex-worker $137 million in racial abuse lawsuit, releases blog about verdict”: Mr. Diaz never worked for Tesla. He was a contract employee who worked for Citistaff and nextSource. Mr. Diaz worked as an elevator operator at the Fremont factory for nine months, from June 2015 to March 2016. There was no witness testimony or other evidence that anyone ever heard the n-word used toward Mr. Diaz. Even though Mr. Diaz now complains about racial harassment at Fremont, at the time he said he was being harassed, he recommended to his son and daughter – while they were all living together in the same home – that they work at Tesla with him.)