🙏🏾

We experienced an outage at Coinbase last night, which is never acceptable. The root cause was a room overheating in an AWS datacenter when multiple chillers failed. We design our services to be redundant to downtime in any one AWS Availability Zone (AZ), and most of our systems worked this way last night, but not all. Our centralized exchange did not. Exchanges have unique architectures that optimize for latency and co-location of clients. It is possible to make exchanges resistant to AZ failures, but this can introduce latency delays that are not desirable along with breaking customer co-location. Given this incident, we'll revisit these tradeoffs to ensure we're giving you the best possible venue to trade. At a minimum, the duration of an outage should be able to be reduced considerably when an AZ move is needed. Thank you to the AWS and Coinbase teams for working through the night to mitigate the issue. We’ll share the detailed technical summary once it's ready.

Say you make $250k a year, fully remote, but have to live in the US, what city would you live in?

Say you make $250k a year, fully remote, but have to live in the US, what city would you live in?

Stefon Diggs couldn’t help but check out his BBL chef Mila Adams as she walked out of the courtroom 😭

Say you make $250k a year, fully remote, but have to live in the US, what city would you live in?

Starting pay for new accounting grads was $50,000- $75,000 in 2015. In 2026, its $60,000-$85,000. Factor in inflation, and accounting salaries haven't improved over the last 10 years.

Your employees will make or break your firm. I have honestly figured this out first hand. They say to hire slow and fire fast. It is sometimes very difficult being a firm owner.