American City Business Journals
In a recent interview with the Financial Times, Coinbase (NASDAQ: COIN) founder and CEO Brian Armstrong revealed one of the reasons for his company’s contentious exit from San Francisco. Armstrong pointed to a “techlash” he said was ruining San Francisco, where people creating growth were vilified, according to a paraphrase of his words by the FT. While Armstrong moved to L.A. personally, his company went “remote-first” last year and eliminated its former S.F. headquarters office entirely.