ChillGorilla
17.1K posts

ChillGorilla
@achillgorilla
5 start ups, 3 exits. Now building https://t.co/ldVEbyRDHc, where we turn your time and experience into income.
Commerce Knowledge Land Katılım Haziran 2008
3.2K Takip Edilen6K Takipçiler

@bchesky hey Brian — can I dm you a very simple idea that would bring in a couple of millions in revenue tomorrow? Out of my own experience as a host ✌️
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@elonmusk Impressive. But. Wait, since when do we count downloads on social media? DAUs or MAUs are the only metrics that are valuable. What am I missing?
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@MarioNawfal Not applauding the winner says even more about him
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This is an email I sent earlier today to all employees at Coinbase:
Team,
Today I’ve made the difficult decision to reduce the size of Coinbase by ~14%. I want to walk you through why we're doing this now, what it means for those affected, and how this positions us for the future.
Why now
Two forces are converging at the same time. We need to be front footed to respond to both.
First, the market. Coinbase is well-capitalized, has diversified revenue streams, and is well-positioned to weather any storm. Crypto is also on the verge of the next wave of adoption, with stablecoins, prediction markets, tokenization, and more taking off. However, our business is still volatile from quarter to quarter. While we've managed through that cyclicality many times before and come out stronger on the other side, we’re currently in a down market and need to adjust our cost structure now so that we emerge from this period leaner, faster, and more efficient for our next phase of growth.
Second, AI is changing how we work. Over the past year, I’ve watched engineers use AI to ship in days what used to take a team weeks. Non-technical teams are now shipping production code and many of our workflows are being automated. The pace of what's possible with a small, focused team has changed dramatically, and it's accelerating every day.
All of this has led us to an inflection point, not just for Coinbase, but for every company. The biggest risk now is not taking action. We are adjusting early and deliberately to rebuild Coinbase to be lean, fast, and AI-native. We need to return to the speed and focus of our startup founding, with AI at our core.
What this means
To get there, we are not just reducing headcount and cutting costs, we’re fundamentally changing how we operate: rebuilding Coinbase as an intelligence, with humans around the edge aligning it. What does this mean in practice?
- Fewer layers, faster decisions: We are flattening our org structure to 5 layers max below CEO/COO. Layers slow things down and create coordination tax. The future is small, high context teams that can move quickly. Leaders will own much more, with as many as 15+ direct reports. Fewer layers also means a leaner cost structure that is built to perform through all market cycles.
- No pure managers: 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.
- AI-native pods: We’ll be concentrating around AI-native talent who can manage fleets of agents to drive outsized impact. We’ll also be experimenting with reduced pod sizes, including “one person teams” with engineers, designers, and product managers all in one role.
In short: AI is bringing a profound shift in how companies operate, and we’re reshaping Coinbase to lead in this new era. This is a new way of working, and we need to leverage AI across every facet of our jobs.
To those who are affected
I know there are real people behind these decisions — talented colleagues who have poured themselves into this company and our mission. To those of you who will be leaving: thank you. You’ve helped build Coinbase into what it is today, and I am sincerely grateful for everything you've done.
All impacted team members will receive an email to their personal account in the next hour with more information, and an invitation to meet with an HRBP and a senior leader in your organization. Coinbase system access has been removed today. I know this feels sudden and harsh, but it is the only responsible choice given our duty to protect customer information.
To those affected, we will be providing a comprehensive package to support you through this transition. US employees will receive a minimum of 16 weeks base pay (plus 2 weeks per year worked), their next equity vest, and 6 months of COBRA. Employees on a work visa will get extra transition support. Those outside of the US will receive similar support, based on local factors and subject to any consultation requirements.
Coinbase prides itself on talent density. Our employees are among the most talented people in the world, and I have no doubt that your skills and experience will be highly sought after as you pursue your next chapters.
How we move forward
To the team that is staying, I know this is a difficult day. We’re saying goodbye to colleagues and friends you've been in the trenches with. But here’s what I want you to know as we move forward together:
Over the past 13 years, we have weathered four crypto winters, gone public, and built the most trusted platform in our industry. We’ve made it this far by making hard decisions and by always staying focused on our mission. This time will be no different – nothing has changed about the long term outlook of our company or industry. And most importantly, our mission has never been more important for the world. Increasing economic freedom requires a new financial system, and we’re building it.
The Coinbase that emerges from this will be more capable than ever to achieve our mission.
Brian
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@SteveInmanClips The sign actually says: long live the man who taps into the beer 🤓
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You have no experience.
You’ve never started a company.
You’ve never had a full time job.
Nike is going to kill you.
You’re a kid.
You don’t have technical skills.
You shouldn’t build hardware.
Apple is going to kill you.
You can’t build hardware.
You can’t measure heart rate non-invasively.
Athletes don’t care about recovery.
Under Armour is going to kill you.
It won’t be accurate.
You don’t listen.
You’re an ineffective leader.
You can’t recruit great talent.
You’re going to have to pay every athlete.
You can’t measure sleep non-invasively.
It’s too expensive to research.
Athletes are a small market.
The product costs too much to make.
The product costs too much to sell.
Your valuation is too high.
Consumers aren’t going to want it.
Hardware is too hard.
You should measure steps.
Fitbit is going to kill you.
You can’t build a marketing engine.
You can’t raise enough money.
You need a real CEO.
Google is going to kill you.
You can’t be a subscription.
You can’t build a brand.
You can’t do consumer in Boston.
Your valuation is too high.
You shouldn’t make accessories.
You shouldn’t make apparel.
Lululemon is going to kill you.
You can’t predict Covid.
Stay in your niche.
You are going to run out of money.
You can’t build a health platform.
Amazon is going to kill you.
You can’t measure blood pressure.
You can’t get medical approvals.
The market is too small.
You don’t understand AI.
The market is too competitive.
It won’t work internationally.
The supply chain is too complicated.
You can’t build an AI.
You can’t raise enough money.
It’s too competitive.
Healthcare isn’t going to want it.
…
Just keep going ✌️

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@davidsenra @pmarca @a16z Wow I did not expect Marc to be at such extreme low level of self consciousness 😬
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My conversation with Marc Andreessen (@pmarca), co-founder of @a16z and Netscape.
0:00 Caffeine Heart Scare
0:56 Zero Introspection Mindset
3:24 Psychedelics and Founders
4:54 Motivation Beyond Happiness
7:18 Tech as Progress Engine
10:27 Founders Versus Managers
20:01 HP Intel Founder Legacy
21:32 Why Start the Firm
24:14 Venture Barbell Theory
28:57 JP Morgan Boutique Banking
30:02 Religion Split Wall Street
30:41 Barbell of Banking
31:42 Allen & Company Model
33:16 Planning the VC Firm
33:45 CAA Playbook Lessons
36:49 First Principles vs. Status Quo
39:03 Scaling Venture Capital
40:37 Private Equity and Mad Men
42:52 Valley Shifts to Full Stack
45:59 Meeting Jim Clark
48:53 Founder vs. Manager at SGI
54:20 Recruiting Dinner Story
56:58 Starting the Next Company
57:57 Nintendo Online Gamble
58:33 Building Mosaic Browser
59:45 NSFnet Commercial Ban
1:01:28 Eternal September Shift
1:03:11 Spam and Web Controversy
1:04:49 Mosaic Tech Support Flood
1:07:49 Netscape Business Model
1:09:05 Early Internet Skepticism
1:11:15 Moral Panic Pattern
1:13:08 Bicycle Face Story
1:14:48 Music Panic Examples
1:18:12 Lessons from Jim Clark
1:19:36 Clark Versus Barksdale
1:21:22 Tesla Versus Edison
1:23:00 Edison Digression Setup
1:23:13 AI Forecasting Myths
1:23:43 Edison Phonograph Lesson
1:25:11 Netscape Two Jims
1:29:11 Bottling Innovation
1:31:44 Elon Management Code
1:32:24 IBM Big Gray Cloud
1:37:12 Engineer First Truth
1:38:28 Bottlenecks and Speed
1:42:46 Milli Elon Metric
1:47:20 Starlink Side Project
1:49:10 Closing
Includes paid partnerships.
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@OGDfarmer Take it as a sign that your soul is ready to break through, it’s now just your material body fighting it.
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Your nervous system can’t live inside a slot machine forever without wanting to crawl out of its own skin. I arrogantly pride myself for being an original, out of the box thinker, and yet I woke up today wondering if had a fully imput overload free, unadulterated thought in weeks.
This life ain’t me.
We as a species haven’t listened to a whole album without touching a screen for so long. We cannot read twenty pages without checking a notification. We haven’t been bored without panicking and filling the silence with pixels.
I don’t know what it says of the world, or me, that putting on a vinyl feels like an act of rebellion, but this is where I’m at.
It asks me to be present. It forces in me a pace I forgot. It imposes a ritual. It creates a beginning and an end. It reminds me that time is real and your life is finite and you can’t skip through everything like a playlist. You flip the record. You change the tape. You try carefully not to scratch your DVD. You rewind.
You choose. You fucking commit.
Says something that in the age of AI the best trade of this decade has been cardboard pictures. That I fisically reject another subscription, endless demands of data and attention and… me.
I’m paying a premium for things that DO NOT update. That don’t track you, don’t buzz, don’t optimize you into a numb little data exhaust pipe.
Not sure why I even post this here, and I understand the irony, but maybe it can help someone feel less alone. I can see it in others too.
Someone inundated by the sensationalistic bullshit of people yelling about the permanent underclass stranding, the standard bearers of financial nihilism. The anxiety of always feeling behind.
I’m very aware that I’m priviliged. And succesful and… tired. Very fucking tired. And the only thing that is helping right now is unplugging. And it’s ipsetting just how hard that is, honestly. I thought I’d be stronger.
You should try it too.
There’s a world to pause into. That wants to be touched. And to feel the pain and warmth and the rough edges and the joy and the friction of human connection.
That’s what matters.
That’s what makes us human.
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@sama It’s necessary to use AI for defense. However the way you as a CEO flip strategy multiple times a day is at the very least worrisome
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Tonight, we reached an agreement with the Department of War to deploy our models in their classified network.
In all of our interactions, the DoW displayed a deep respect for safety and a desire to partner to achieve the best possible outcome.
AI safety and wide distribution of benefits are the core of our mission. Two of our most important safety principles are prohibitions on domestic mass surveillance and human responsibility for the use of force, including for autonomous weapon systems. The DoW agrees with these principles, reflects them in law and policy, and we put them into our agreement.
We also will build technical safeguards to ensure our models behave as they should, which the DoW also wanted. We will deploy FDEs to help with our models and to ensure their safety, we will deploy on cloud networks only.
We are asking the DoW to offer these same terms to all AI companies, which in our opinion we think everyone should be willing to accept. We have expressed our strong desire to see things de-escalate away from legal and governmental actions and towards reasonable agreements.
We remain committed to serve all of humanity as best we can. The world is a complicated, messy, and sometimes dangerous place.
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@OGDfarmer God when I see this I miss 2021 so much tbh. Great times.
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It’s a great great mutant homie...
But this is the greatest mutant in the entire collection.

BaronVonHustle 🍌@TheeHustleHouse
this is the best mutant in the entire collection
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Robinhood agreed to a $2 million settlement for misleading you about how it makes money.
The firm they were routing your orders to this whole time was Jane Street.
Jane Street paid Robinhood $76 million in a single quarter for the right to be on the other side of your trades. Every time you hit buy or sell, your order gets routed directly to them before it ever reaches an open market.
Your cut in the settlement to make things right: $17.60
That’s just for trades from 2016. Not a bad fee considering they can continue to do this today
There was a rule that would’ve fixed this. The SEC’s order competition rule would’ve forced your trades into open auction before any wholesaler could touch them. Estimated savings for retail would have been $1.5 billion/year.
The new SEC chair killed this in June 2025. It didn’t need a vote or public input, it was just withdrawn.
You thought you had a free trading app but everything comes at a cost
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