Coinbase has been slipping in several ways.
- Yesterday was onboarding my friend to Coinbase wallet and the landing page for that product was 404'ing. This is the first result on Google! Proof - https://imgur.com/yMt1N49
- They activated the dapp browser in the app, with a new wallet that's different than my existing coinbase wallet. Why?? Why do I now have 2 wallets.
- Coinbase direct deposit does not work with Gusto, or at least it didn't 3 months ago. Tried and got silent error.
- Rescinding offers. Terrible, how could they not forsee a massive backlash? Does the foreign national new grad who was counting on that offer/visa really affect the bottom line so much? Maybe $20M for a superbowl ad where the app crashed wasn't worth it?
- Coinbase wallet: popular projects like Chain Runners do not even display.
I mean the list goes on. Meanwhile the CEO is going on Good Time Show talking about "how we built this" and I'm thinking hello? Your own house is on fire right now. All this said, Brian Armstrong is a legendary entrepreneur and I know that he can reset. Airbnb went through a similar phase before the CEO made changes and got them back to their core.