Sometimes, you won’t be able to hold onto it. That’s fine. Every time you approach a low point with curiosity instead of

Sustained high performance: As compared to a family, where everyone is included regardless of performance, a championship team makes a concerted effort to raise the bar on talent, including changing out team members when needed.

Cade Metz’ New York Times piece details how the neural network based DeepMind was used to find a solution to a very difficult biochemistry problem: How to identify protein folds and use that information to figure out what the protein might do and how it could interact with other proteins and even, say, viruses.

At Coinbase, we say that we are focused on building. What does this mean? It means we are going to focus on being the best company we can be, and making progress toward our mission, as compared to broader societal issues.

The “Techlash” that started last year and flowed steadily through 2020, paints technology and the tech giants that run the world as dark monoliths, casting broad and sometimes sinister shadows across our lives.

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hile I can earn that amount of money, unless I enjoy the process, I don’t. Most of the time the companies who will pay me $1000 for a blog post don’t allow me to write what I care about, so I simply say no, despite the tempting payday.

I’ve been watching DeepMind for years, especially its early triumphs in the game space (it beat champions at the difficult Go game). Metz writes that these accomplishments “have no practical applications,” but I’d contend that successes in any difficult machine learning neural network task is a foundation for even more difficult ones, like figuring out how a protein will fold based on the amino acids in the protein string.

It’s a stunning piece of work because, as AI’s are wont to do, DeepMind’s “AlphaFold” figured out how to identify a protein’s shape in not years, months, or even weeks, but in under an hour.

For me, though, this is a validation of artificial intelligence, and a strong counterargument to those who’ve spent too much time watching Terminator, War Games, and other AI-horror-porn.

Through this lens, we start to have a glimpse of a solution. A championship team wants to win, and every teammate is willing to make sacrifices to achieve that. They have each other’s back, and focus relentlessly on the long term goal, avoiding distractions.

Source amazing talent: We create job opportunities for top people, including those from underrepresented backgrounds who don’t have equal access to opportunities, with things like diverse slates (Rooney rule) on senior hires, and casting a wide net to find top talent.

Focus on what unites us, not what divides us: We help create a sense of cohesion and unity, by focusing on what we have in common, not where we disagree, especially when it’s unrelated to our work.

Sometimes that’s true. So much power, control, and wealth consolidated in so few. But that’s never the whole story. This week’s DeepMind breakthrough is a reminder that the most cutting-edge technology, even those from companies that we no longer fully trust (DeepMind is owned by Alphabet, which owns Google), can alter our lives in demonstrably positive ways.

Fair talent practices: We work to reduce unconscious bias in interviews, using things like structured interviews, and ensure fair practices in how we pay and promote. We have a pay for performance culture, which means that your rewards and promotions are linked to your overall contribution to the mission and company goals.

There are many places that a company can choose to allocate its limited time and resources. There is never enough time to do everything, so companies need to choose what change they want to see in the world and focus there. It can take decades to move the needle on large global challenges.

In short, I want Coinbase to be laser focused on achieving its mission, because I believe that this is the way that we can have the biggest impact on the world. We will do this by playing as a championship team, focus on building, and being transparent about what our mission is and isn’t.