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Road to IPO: Coinbase’s Power Struggles
“Some people lead by loyalty and inspiration. Balaji [Srinivasan] leads by fear and by money,” says Nathalie McGrath who, as Coinbase’s VP of People, watched as infighting engulfed the company. 
Balaji’s style as he led the charge for a non-corporate vision of crypto was abrasive but effective. For someone who by all accounts did not work well with others, [Coinbase’s former CTO] was remarkably good at office politics. Anyone in his way got edged aside with alacrity. Balaji either fired them outright or, through back-office maneuvering, stripped them of influence until, totally demoralized, they quit on their own accord.  ....

New York , United States , Saudi Arabia , New York Stock Exchange , San Francisco , Alesia Haas , Jamal Khashoggi , Balaji Srinivasan , Davidz Morris , Mike Lempres , Jeff Roberts , Craig Hammell , Adam White , Adan Romero , Marc Hochstein , Nathalie Mcgrath , York Stock Exchange , Coinbase Consumer Group , Justice Department , Harvard Business Review , Hacker Team , Washington Post , Hacking Team , Reporters Without Borders , Zone Startup , Take Cryptocurrency Out ,