December 09, 2025

In 2020, cryptocurrency exchange Coinbase implemented two organizational resets that transformed the company. First, it became a remote-first organization without physical headquarters. Second, it banned political discussions and activism at work.

As Coinbase evaluated its talent density initiative with structured cognitive assessments, standardized compensation, and rigorous performance management, leadership must weigh whether their mission-focused approach creates sustainable competitive advantage or potentially limits diversity and inclusion.

L.J. Brock, Chief People Officer at Coinbase, was central to the organizational restructuring. He joins “[Mission First at Coinbase](https://store.hbr.org/product/mission-first-at-coinbase/125103?srsltid=AfmBOorPh6P…

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