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Jesse Powell, the CEO of Kraken who has attracted media attention, including an investigation by the New York Times, for his unorthodox approach to company culture, is setting the record straight.
The head of one of the world’s largest crypto exchanges released “Kraken Culture Explained,” a memo saying in part that Krakenites should be “radically transparent and authentic.” On Twitter, Powell has dismissed critiques of his management style: “people get triggered by everything and can’t conform to basic rules of honest debate. Back to dictatorship.”
Powell told tech news site Protocol that all of this radical transparency aside, work personas are not the same as private ones. Comparing employees in the workplace to mascots at Disneyland, he suggested they should not take off their proverbial Mickey Mouse heads, and must adopt what he calls a work persona.
“Some people feel they should be able to be whatever they want to be in the workplace. But there's a line,” he explained.
The truth, he told Protocol, is he does not regret offending his employees, and he wants to be able to share what he’s thinking with the company.
“I wouldn’t go back and change my attitude about it,” Powell said. “I don’t want to be fully censored.”
In the Times' internal investigation, Powell was quoted as saying, “most American ladies have been brainwashed in modern times,”...
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