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Comment by leesec | Hacker News Reader

One of the biggest compensation packages I've ever heard of (600M+ in 5 years) and he walked away a year in. Wow.

I doubt he voluntarily walked away…the only product he launched, the Coinbase NFT marketplace, flopped and the general crypto slump has also affected the company.

> “As our product leaders have taken on more responsibility, I've been able to consider taking a much-needed personal break to spend more time with my family. It has been a tough year for me personally — my father was diagnosed with Alzheimer's disease, and my mother passed away unexpectedly. If I'm honest with myself, I don't think I've allowed myself time to grieve either yet,” he wrote in a recent LinkedIn post.

https://www.linkedin.com/pulse/reflecting-my-crypto-web3-jou...

Maybe these people absolutely no heart at all but I'd be a tiny bit surprised if he actually mentioned his mothers death and father getting Alzheimer's as the reason for leaving when in reality he was fired.

What a POS - we had to continue to work while caring for a family member with Alzheimer's, their death, and the death of another family member. I'm sure many of his reports had to continue to work though similar situations.

Not sure why the outburst man. His mom died, it's a valid reason to not want to work for a bit, and why would you if you had 105 million

It is a valid reason, and I took a leave after my mom died. But I'd rather take a beating than use it as part of a glib, self-serving announcement like this.

It is worth noting that people think differently. tbh, I see no need to assume that Surojit's using his parent's demise as some kind of a narcissistic indulgence to pocket Internet karma.

Sure. We see this differently. Such are the glories of the internet.

This guy fails and gets 100+M dollars - never has to work another day in his life, and somehow after all that his break is "much needed"? Really? You need a break from making 1M per year for 3 years with a 100M kicker at the end? You know who needs a break - the 1000 people coinbase fired because Surojit Chatterjee and his C suite cronies wanted to bump their stock price.

Literally chill out. Rich people need breaks too. 100M isn't going to stop you from feeling sad when your mom dies.

This is why we need robust paid family medical leave as a society.

I wouldn't be surprised. "spend more time with family" is a classic lie when fired.

E.g., this article from 2013: https://patch.com/virginia/oakton/what-resigning-to-spend-mo...

Or this, from 2006: https://www.nytimes.com/2006/12/23/business/23family.html

If he just said "spend more time with family", then I agree, it sounds like a cop-out. But specifically referring to actual life events? Less likely to be cop-out, at least that's the feeling I get.

Yeah, hard to say. Spending more time with family is a also thing people legitimately do. But especially the bit about "If I'm honest with myself, I don't think I've allowed myself time to grieve either yet," puts it back in the "glib excuse-making" category for me, in that the diagnosis happened sometime in the last year, and he's made his dad's illness about his grieving, not caring for his dad.

These tech companies just print shares for comp like its nothing

3 years in

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