“Life is too short to work at a company that you aren’t excited about,” Armstrong said in the email, which was previously reported by The Block. “Hopefully this package helps create a win-win outcome for those who choose to opt out.”
The message came days after Armstrong published a blog post clarifying the company’s stance of non-engagement on social and political issues.
Specifically, Armstrong said that the company “won’t debate causes or political candidates internally,” and will not engage when the issues are “unrelated to our core mission, because we believe impact only comes with focus.” The cryptocurrency company is “laser focused” on the use of digital currencies, and on profits, Armstrong said.
The co-founder pointed to “internal strife” at Silicon Valley giants such as Google and Facebook that “engage in a wide variety of social activism, even those unrelated to what the company does.”
“While I think these efforts are well intentioned, they have the potential to destroy a lot of value at most companies, both by being a distraction, and by creating internal division,” Armstrong said. “I believe most employees don’t want to work in these divisive environments.”
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This is what the Leftist Former CEO of Twitter tweeted out in response to this article.
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Good for Coinbase! That Twitter former CEO is sick! Doesn't he realize his $$$ is a result of capitalism? Projecting again!!
