Amazon workers protesting the company over climate change last September. Photo by Bloomberg
The Briefing

51% of Subscribers Disagree With Coinbase’s Armstrong: The Information’s Tech Briefing

Photo: Amazon workers protesting the company over climate change last September. Photo by Bloomberg

Coinbase CEO Brian Armstrong’s blog post saying that Coinbase won’t “engage” with social issues unrelated to the company’s core mission as a crypto exchange has spotlighted a hugely contentious issue that divides people at tech companies big and small. Our subscribers, perhaps not surprisingly, are just as divided.

A survey we did today of The Information subscribers found that 51% disagreed with Armstrong, saying companies should engage with social activism outside their core mission. A slightly higher proportion—56%—also didn’t believe employees should leave a company if they disagreed with their chief executive’s on this issue. Armstrong had sent a follow-up memo offering a severance package to anyone who wanted to leave because they were uncomfortable with his policy. Our survey has a margin of error of 4%, however, which makes the results a little less clear-cut.

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