Designer Jony Ive and OpenAI’s Sam Altman Discuss AI Hardware ProjectRead more

Coinbase CEO Brian Armstrong. Photo by Bloomberg.

Why Coinbase CEO’s Worries About Attacks on Founders Are Misplaced

Photo: Coinbase CEO Brian Armstrong. Photo by Bloomberg.

Coinbase CEO Brian Armstrong is worried that attacks from the press and politicians will drive successful CEOs to “leave from burnout.” Given the timing, this tweet seemed to be a response to the pounding that Facebook CEO Mark Zuckerberg has taken lately, although Armstrong mentioned “Gates, Page, Bezos” as though they were examples. This has to be one of the more bizarre, and out-of-touch, commentaries on the what’s-wrong-with-Facebook debate.

“America could be losing some of its best talent from this,” Armstrong added. Really? Like who? The three entrepreneurs he cited, among the very richest people in the world, each stepped back from full-time CEO duties so they can pursue ways of spending the gobs of money they’ve made. Moreover, Gates and Bezos, in particular, have continued pursuing high-profile ventures that suggest they remain comfortable with the limelight (no one blasts themselves into space wearing a cowboy hat if they’re afraid of being criticized).

Access on the go
View stories on our mobile app and tune into our weekly podcast.
Join live video Q&A’s
Deep-dive into topics like startups and autonomous vehicles with our top reporters and other executives.
Enjoy a clutter-free experience
Read without any banner ads.
Former Apple design chief Jony Ive and OpenAI CEO Sam Altman. Photos by Getty.
Designer Jony Ive and OpenAI’s Sam Altman Discuss AI Hardware Project
Jony Ive, the renowned designer of the iPhone, and OpenAI CEO Sam Altman have been discussing building a new AI hardware device, according to two people familiar with the conversations.
From left to right: Blair Effron, Robert Pruzan and David Handler. Photos by Getty; Tidal Partners.
Exclusive Finance
Disputes, Employee Misconduct Rattle Centerview’s Silicon Valley Dreams
The San Francisco Bay Area–based bankers at Centerview Partners, the investment bank that advised Silicon Valley Bank’s owner and Credit Suisse through recent turmoil, got two doses of bad news last week.
Art by Clark Miller
Exclusive startups entertainment
MasterClass Takes a Crash Course in Frugality
MasterClass had a problem with the shoot featuring its latest star instructor, Walt Disney Co. CEO Bob Iger.
OpenAI CEO Sam Altman and Microsoft CEO Satya Nadella. Photos via Getty
Exclusive microsoft ai
How Microsoft is Trying to Lessen Its Addiction to OpenAI as AI Costs Soar
Microsoft’s push to put artificial intelligence into its software has hinged almost entirely on OpenAI , the startup Microsoft funded in exchange for the right to use its cutting-edge technology.
Art by Clark Miller
The Big Read policy
Europe Has Figured Out How to Tame Big Tech. Can the U.S. Learn Its Tricks?
Late last month in Belgium, Sen. Elizabeth Warren (D-Mass.) had a pressing question for Paul Tang, a Dutch politician and member of the European Parliament.
If AI researchers can meet Nat Friedman's Vesuvius Challenge, “It’ll be the first time we’ve read handwriting that hasn’t been seen in 2,000 years.” Art by Clark Miller
The AI Age culture ai
Nat Versus the Volcano: Can an AI Investor Solve an Ancient Mystery from the Ashes of Vesuvius?
Long before men’s daily thoughts about ancient Rome became a TikTok meme , former GitHub CEO Nat Friedman’s mind was regularly turning toward the Roman Empire.