Making Sense - Sam Harris - June 17, 2021


#253 — Corporate Courage


Episode Stats

Length

44 minutes

Words per Minute

188.24158

Word Count

8,456

Sentence Count

222

Misogynist Sentences

3

Hate Speech Sentences

7


Summary

Jason Fried is the co-founder and CEO of Basecamp, formerly 37Signals, which is a Chicago-based software firm that produces the Basecamp product. He s also the author of the book, Rework, among others, and writes Inc. s Get Real column. And I invited Jason on the podcast to discuss the recent controversy over his no-Politics policy at Basecamp which caused quite a firestorm on social media. As you ll hear, we discuss the pervasive failure of institutional nerve in the face of all of this social justice activism, how our politics has acquired a religious fervor of late, some of the cultural risks of remote work, how to keep activists out of one s company, antitrust regulations for big tech, how social media might be improved, the recent disclosure of the tax avoidance schemes of the richest Americans, the prospect of implementing a wealth tax, and other topics. Here we have a counterpoint to some recent podcasts where I focused on corporate cowardice. And to that end, I bring you Jason Fried, a example of corporate courage which is certainly worth celebrating. In this episode, we have an interesting background, and a very interesting point of view on what it means to be an independent company. We ve always been a very unusual company in that we ve done things our own way. And we ve always taken a different path than the rest of the industry, and we ve pushed back pretty hard against a number of things that the corporate leadership community has done in the past. And that s what makes us a little different than most companies in the business world. - The Making Sense Podcast by Sam Harris - This is a podcast made possible entirely through the support of our subscribers, and the support we re doing here, by our listeners, by becoming a member of the M&A firm, and so on. Thanks for being a supporter of the podcast, and I hope you enjoy what we're doing here. Please consider becoming a supporter, too! Subscribe to the podcast by becoming one? You ll get a better idea of what we re listening to here, too, too get a chance to be part of the Making Sense Community? - Thank you, Samharris in the podcast . Thank you for listening to this podcast? -- The Minding Sense Podcast by The Maining Sense Podcast, by -- Yours Truly, by , & so on


Transcript

00:00:00.000 Welcome to the Making Sense Podcast.
00:00:08.860 This is Sam Harris.
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00:00:47.160 Today I'm speaking with Jason Fried.
00:00:50.580 Jason is the co-founder and CEO of Basecamp,
00:00:54.760 formerly 37signals,
00:00:56.540 which is a Chicago-based software firm.
00:01:00.000 which produces the Basecamp product.
00:01:03.460 He's also the co-author of the book,
00:01:05.540 Rework, among others.
00:01:07.780 And he also writes Inc. magazine's Get Real column.
00:01:12.000 And I invited Jason on the podcast
00:01:14.040 to discuss the recent controversy
00:01:16.440 over his no-politics policy at Basecamp,
00:01:20.920 which caused quite a firestorm on social media,
00:01:24.260 as you'll hear.
00:01:25.880 We discuss the pervasive failure of institutional nerve
00:01:29.880 in the face of all of this social justice activism,
00:01:33.420 how our politics has acquired a religious fervor of late,
00:01:38.380 some of the cultural risks of remote work,
00:01:41.700 how to keep activists out of one's company,
00:01:45.120 antitrust regulations for big tech,
00:01:47.680 how social media might be improved,
00:01:49.660 pro-publica's recent disclosure of the tax avoidance schemes
00:01:54.840 of the richest Americans,
00:01:56.220 the prospect of implementing a wealth tax,
00:01:59.520 and other topics.
00:02:02.240 Anyway, a very timely conversation
00:02:04.360 and a counterpoint to some recent podcasts
00:02:07.580 where I focused on corporate cowardice.
00:02:10.040 Here we have an example of corporate courage,
00:02:13.120 which is certainly worth celebrating.
00:02:16.240 And to that end, I bring you Jason Fried.
00:02:26.700 I am here with Jason Fried.
00:02:29.080 I'm sure there's a lot we could talk about.
00:02:31.180 You have an interesting background,
00:02:33.300 but we have a specific thing to talk about,
00:02:36.620 which we'll get to in a second.
00:02:37.960 But before we do, perhaps you can summarize
00:02:40.240 what you've been up to the low these many years.
00:02:44.300 How do you describe what it is you do?
00:02:46.560 And in particular, the company you started, Basecamp,
00:02:49.940 what does that do?
00:02:51.620 What is the product for those who have not experienced it?
00:02:55.320 Yeah, sure.
00:02:56.240 So back in 1999, I started a business set called 37 Signals.
00:02:59.640 We were originally a web design company.
00:03:02.200 And over a number of years,
00:03:03.660 we eventually morphed into doing software development.
00:03:05.740 And we did that because the work we were doing
00:03:10.880 was website design,
00:03:12.600 and we needed a better way to manage that work.
00:03:15.020 We were using email and shooting things back and forth,
00:03:17.440 and things were getting lost.
00:03:18.640 So we eventually made this thing for ourselves,
00:03:21.620 which wasn't called Basecamp yet,
00:03:23.500 but it was like a project management tool,
00:03:25.640 internal communication thing.
00:03:27.000 And eventually, we started using it with our clients,
00:03:29.460 and they liked it.
00:03:30.520 And we said, you know,
00:03:31.580 maybe we can turn this into a product.
00:03:32.820 And we did that in like 2004.
00:03:35.800 So since 2004, we've been making software.
00:03:39.280 We've made a variety of different products over the years.
00:03:41.020 This is software as a service,
00:03:42.180 stuff you'd use online.
00:03:43.880 And, you know, we've always been a very unusual company
00:03:47.260 in that we've done things our own way.
00:03:49.580 We're fully independent.
00:03:51.040 We're privately funded by ourselves and our customers,
00:03:53.060 so we don't take outside money.
00:03:55.520 And we've always sort of taken a different path
00:03:58.680 than the rest of the industry.
00:03:59.620 We've pushed back pretty hard
00:04:00.620 against a number of different things.
00:04:01.820 But basically, we make two things,
00:04:03.980 Basecamp, which is a project management
00:04:05.460 and sort of internal collaboration tool for remote work.
00:04:09.340 And also, we make something called Hey,
00:04:10.780 which is H-E-Y.com,
00:04:13.020 which is our newest product,
00:04:14.240 which is an email service.
00:04:15.280 And so those are the two things we make today.
00:04:18.400 And how big a company is it,
00:04:19.640 both in terms of employees and revenue or valuation,
00:04:23.600 however you'd want to consider its scale?
00:04:25.840 Yeah, I mean, I can rail on or rant on against valuations
00:04:30.880 because I think they're kind of ridiculous.
00:04:32.000 So I'll just give you a sense of,
00:04:34.140 we've historically been, you know,
00:04:35.900 at our largest, about 60 people.
00:04:39.220 And since we're private, I don't disclose exact revenues,
00:04:42.360 but we generate tens of millions of dollars
00:04:43.900 in annual revenues and annual profits.
00:04:46.260 And we've been profitable every year
00:04:48.400 since we started the business in 1999.
00:04:50.220 Nice. And you've also had a fairly intentional consideration
00:04:57.420 of culture and business philosophy.
00:05:00.820 I mean, you've published several books about business
00:05:03.700 and you write for Inc., I believe, regularly.
00:05:08.360 So maybe you can summarize how you've thought about business
00:05:12.260 and business culture up until this moment.
00:05:15.400 Yeah. You know, we are an independent company.
00:05:19.040 And I believe in independence and small businesses.
00:05:23.040 And, you know, part of the reason why
00:05:24.720 we haven't taken outside money
00:05:25.860 is because we don't want to be beholden to someone else.
00:05:30.100 We want to do what we think is right.
00:05:31.960 We want to try things.
00:05:32.900 We want to experiment with things.
00:05:34.080 And we've found that the only way to do that
00:05:35.820 is to be independent.
00:05:37.340 So I'll give you a sense of some of the things
00:05:38.920 that are different about Basecamp.
00:05:40.740 First of all, in our industry, which is the tech industry,
00:05:43.220 people are used to overwork
00:05:44.600 and just being driven really, really hard,
00:05:47.140 10, 12-hour days, all-nighters, weekends, the whole thing.
00:05:50.640 We just expect an eight-hour day from people.
00:05:52.760 Eight-hour day, 40-hour week, very standard,
00:05:54.820 very mainstream, very old school kind of work environment
00:05:57.760 in that way, which is just give us a good day.
00:06:00.480 Eight hours, that's plenty of time to do great work.
00:06:03.060 And because of that, we require a certain degree of focus
00:06:06.060 and attention to be put on that work,
00:06:08.340 which is why we try to eliminate a number of distractions.
00:06:11.140 For example, we don't really have meetings at Basecamp.
00:06:13.760 If people need to get together, it might be two or three people,
00:06:16.740 but we don't have scheduled meetings.
00:06:18.100 We don't have daily stand-ups.
00:06:19.160 We don't have a bunch of all-hands.
00:06:20.300 We don't have the type of culture that a lot of companies do,
00:06:23.260 which people are just drowned by meetings constantly.
00:06:25.920 They're in them all day.
00:06:27.840 And they're chunking your day into smaller and smaller bits,
00:06:30.180 and no one has time to get work done
00:06:31.480 because you've got only 15 minutes here
00:06:33.140 or maybe an hour there before the next meeting.
00:06:34.840 So we kind of stay away from that kind of stuff.
00:06:37.220 We do four-day weeks in the summer.
00:06:39.980 So basically May through September,
00:06:41.860 we only do four-day weeks, which is a 32-hour week,
00:06:44.900 which is really unusual.
00:06:46.100 We've worked remotely for about 20 years.
00:06:48.920 We have a very different approach,
00:06:51.000 and our general approach is let's focus on the stuff that matters.
00:06:53.580 Let's get rid of the things that don't.
00:06:55.280 Let's put in a good day's work,
00:06:56.680 and then let's have a life,
00:06:58.120 which is, again, very weird in the tech world,
00:07:01.380 which is not about life.
00:07:02.660 It's about work all the time,
00:07:04.120 and we're not about that.
00:07:05.400 So there's a bunch of other things as well,
00:07:07.280 but those are some of the fundamental things
00:07:09.220 that we've done to make this place a different place.
00:07:12.620 So you guys must have weathered COVID
00:07:15.140 better than many other companies.
00:07:17.320 You were already fully distributed?
00:07:20.380 We're pretty much.
00:07:21.520 So we've had an office in Chicago
00:07:22.980 for the past 10 or so years,
00:07:25.820 but most of our employees are all over the place,
00:07:29.260 so outside of Chicago.
00:07:30.260 So we have people in the U.S. and Canada and Europe,
00:07:32.860 Hong Kong and Australia,
00:07:33.880 and we've always been remote.
00:07:36.380 Even the local people who lived in Chicago,
00:07:38.920 they may have come into the office
00:07:39.860 once or twice a week.
00:07:40.840 So we've always essentially worked
00:07:42.360 as if we were a remote company.
00:07:44.120 And I think we did weather it pretty well
00:07:45.960 because we were used to it.
00:07:47.300 We didn't have to scramble to figure this stuff out.
00:07:49.720 But at the same time, I think it hurt us
00:07:52.120 because we'd always leaned on each other
00:07:55.700 a couple weeks a year.
00:07:57.340 So we would fly everybody into Chicago twice a year
00:08:00.000 for about a week to have these in-person meetups
00:08:02.360 where we got to share a meal and hang out
00:08:05.160 and have some FaceTime
00:08:06.540 and just have some social interactions,
00:08:08.820 which we hadn't been able to do for the past year
00:08:10.700 because of COVID.
00:08:11.500 And the last time we did it, I think,
00:08:12.960 was fall of 2019.
00:08:16.060 So it had been a while,
00:08:17.900 and I think it was a problem
00:08:19.760 because, and by the way,
00:08:20.960 everyone's going through this as well,
00:08:22.360 so this isn't unique to us,
00:08:23.560 but I think we realized how important it was
00:08:26.500 or it is to see each other at least occasionally
00:08:30.340 and remind ourselves that we're all human,
00:08:33.060 we're all soft-bodied organisms here,
00:08:35.540 and we have feelings, we have emotions,
00:08:37.280 and we're complicated.
00:08:38.560 And I think we lost a little bit of that through COVID.
00:08:41.240 And I think, I know a lot of people have,
00:08:42.620 it's been a very difficult year
00:08:43.760 for a lot of companies, obviously, a lot of people.
00:08:46.220 Okay, so what happened?
00:08:47.700 I mean, now we have a picture of you as an employer
00:08:49.720 that sounds quite domineering and depressive,
00:08:53.620 and I can imagine that your workforce
00:08:55.340 is looking for every opportunity to revolt.
00:08:59.760 So what has brought us together for this podcast?
00:09:03.580 Well, it's been about almost two months now.
00:09:06.720 In mid-April, we announced a policy change
00:09:09.620 that basically said, you know,
00:09:12.380 we're not going to start talking,
00:09:13.460 or we're not going to continue to talk politics at work.
00:09:16.600 I'd say over the past few years,
00:09:18.100 probably starting in, you know, 2016,
00:09:20.340 as a lot of things started in 2016,
00:09:22.440 and through the 2020 election and beyond now,
00:09:25.800 politics has invaded every aspect of life, obviously,
00:09:29.380 and it's become incredibly contentious.
00:09:31.240 And it was sort of leaking into our day-to-day too often.
00:09:36.260 Not every day, but enough.
00:09:38.240 And we'd been at this kind of low simmer for a while
00:09:41.000 where we sort of felt like
00:09:42.220 it was just part of life at work,
00:09:45.420 but it started to get more and more concentrated,
00:09:47.860 and the boil began to heat up.
00:09:50.260 And we were having discussions in the company
00:09:54.420 that were company-wide.
00:09:56.360 So, you know, between 50 and 60 people
00:09:57.900 were participating in these conversations,
00:09:59.300 or at least receiving the notifications
00:10:00.900 that weren't all participating,
00:10:02.480 where things started just to go off the rails
00:10:04.880 in a way that felt very nonproductive and unhealthy.
00:10:07.960 And when I say nonproductive,
00:10:09.700 I don't mean, like, measuring productivity.
00:10:12.180 I just mean, like,
00:10:13.460 this is not the kind of general mind space
00:10:18.480 we should be in at work.
00:10:19.780 We shouldn't be debating
00:10:20.660 the most complicated issues of the day.
00:10:22.900 I mean, these topics are hard enough to discuss, period.
00:10:27.400 Professionals have a hard time discussing this stuff.
00:10:30.060 And, you know, to think that all we have to do
00:10:32.060 is mix work in there,
00:10:33.240 and that'll be the antidote,
00:10:34.200 and work will make it better.
00:10:35.380 I mean, it's just the opposite.
00:10:36.260 Work makes it incredibly hard
00:10:37.720 to have conversations like this.
00:10:39.200 And so we just decided,
00:10:40.680 when I say we, I mean, David and I,
00:10:42.100 we're the two owners of the business.
00:10:44.080 We decided that we were going to
00:10:46.200 not have political discussions
00:10:47.760 inside Basecamp any longer.
00:10:49.760 Now, to be clear,
00:10:51.120 let me just clarify a couple things.
00:10:52.340 So when I say inside Basecamp,
00:10:54.320 Basecamp is the name of the company,
00:10:55.720 but also the name of our product.
00:10:57.340 So when I say inside Basecamp,
00:10:58.820 I mean in Basecamp the product
00:11:01.120 where we do our work,
00:11:02.500 which is where we do all of our work,
00:11:04.680 we just don't want political conversations
00:11:06.260 leaking into that.
00:11:07.120 If you want to set up a Signal account,
00:11:08.880 a group, WhatsApp,
00:11:10.300 whatever you want to do,
00:11:11.080 a Discord thing to talk about that
00:11:12.440 during the day, that's fine.
00:11:13.680 But we can't have this in front of everybody
00:11:15.920 whenever at random times.
00:11:18.360 Now, we're also quite political
00:11:20.340 as an organization in a different way,
00:11:22.140 in that we are very outspoken
00:11:24.600 about things that involve our work.
00:11:28.060 So we're very much in favor
00:11:30.200 of antitrust regulations against big tech.
00:11:32.700 We're very much in favor
00:11:33.880 of more privacy regulations
00:11:35.240 because we think that big tech
00:11:36.940 is just basically in everyone's face
00:11:38.880 all the time,
00:11:39.480 in everyone's business all the time.
00:11:40.640 It's unhealthy.
00:11:41.380 So we push against that.
00:11:42.820 We've gotten into some very public battles
00:11:44.340 with Apple about the App Store
00:11:45.620 and their rules.
00:11:46.800 So we are still going to be involved
00:11:49.200 in political discussions
00:11:50.060 that directly touch the edges of our work,
00:11:52.860 but that's the limit
00:11:54.180 of what we're comfortable doing.
00:11:55.500 And so we made that declaration,
00:11:56.460 along with a few others,
00:11:58.260 and things kind of went sideways, let's say.
00:12:01.720 We had about,
00:12:02.540 at the end of the period of time
00:12:05.640 where this was sort of a topic,
00:12:07.040 we had about 20,
00:12:08.540 a little bit over 20 people leave the company.
00:12:10.860 So that's a third of your workforce.
00:12:13.100 Basically, yeah.
00:12:13.880 And a couple other things to share here,
00:12:16.460 which is that
00:12:16.960 we offered an extremely generous severance package.
00:12:21.180 Six-month severance for anyone
00:12:22.640 who'd been here for more than a few years,
00:12:24.200 and three months,
00:12:24.960 or yeah, three months,
00:12:25.820 if you've only been here for a few.
00:12:27.740 And some people took us up on that
00:12:29.420 outside of the policy changes.
00:12:30.820 They were just ready to go anyway,
00:12:32.640 and they were looking for a new opportunity,
00:12:34.520 and this was a good chance for them to do that.
00:12:36.500 That said,
00:12:37.100 the majority of people probably left
00:12:38.540 because of the policy change that we made.
00:12:40.180 So it was a very difficult time,
00:12:42.800 a sad time.
00:12:44.100 And I know a lot of people were sad,
00:12:47.980 and it was challenging,
00:12:49.520 a very challenging,
00:12:50.220 kind of an existential moment for us
00:12:51.700 as a company of roughly 60
00:12:53.380 to have a third leave.
00:12:55.080 But we survived it,
00:12:56.400 and we're here to grow again.
00:12:58.480 But it was a very interesting process,
00:13:00.060 and I learned a whole lot about group dynamics,
00:13:02.960 and especially social media pressure,
00:13:05.860 and sort of the toxicity, of course,
00:13:07.920 that we all know is there.
00:13:09.020 But then when you're part of it,
00:13:10.220 and you see it coming directed at you,
00:13:12.040 it's a whole other thing.
00:13:13.020 And that was an eye-opener,
00:13:14.720 even though I knew it.
00:13:15.780 But to feel it is different.
00:13:17.360 And it was challenging.
00:13:18.880 So here we are.
00:13:19.540 But we made the decision.
00:13:20.520 We think it's still the right call.
00:13:22.120 We think this decision is right.
00:13:23.520 And we think that we're early on it.
00:13:25.620 We have a history of being early.
00:13:27.700 You know, we've been working remotely
00:13:29.660 for a long time
00:13:30.780 before other companies had done it.
00:13:32.640 40 work weeks is still, of course,
00:13:33.980 not a thing most companies would do.
00:13:36.040 We pushed very hard against venture capital,
00:13:38.460 and you're starting to see
00:13:39.460 more of a bootstrap revolution
00:13:40.760 happening right now.
00:13:41.480 We've been preaching this for 20 years.
00:13:44.260 There's a number of other things
00:13:45.260 that we've done ahead of the pack.
00:13:47.460 And I think that sometimes
00:13:48.660 when you're early,
00:13:49.440 it hurts even more.
00:13:51.120 You've got to put your neck out there
00:13:52.080 and give something a try.
00:13:53.580 But to me, this is an extension
00:13:54.880 of the experiment, which is Basecamp.
00:13:57.160 And we feel almost a moral obligation
00:13:59.900 to live up to our independence
00:14:02.520 and to do things that other people
00:14:04.260 wouldn't give us permission to do.
00:14:06.020 That is why I'm an entrepreneur,
00:14:08.000 to do things that I wouldn't have
00:14:09.480 permission to do otherwise.
00:14:10.640 Because if you're just going to do
00:14:12.380 what someone's going to tell you to do,
00:14:13.440 you might as well go get a job.
00:14:14.620 It's kind of how I look at it.
00:14:16.020 So we take that seriously,
00:14:17.600 and we give things a shot,
00:14:18.420 and we try things out,
00:14:19.180 and we see what happens.
00:14:20.020 And time always tells,
00:14:21.180 and we'll see,
00:14:21.740 we'll look back on this,
00:14:22.540 you know, a year from now or two
00:14:23.740 and see how it all played out.
00:14:24.940 So things must have been heating up
00:14:28.820 prior to your change of policy, right?
00:14:32.400 Because you kind of ripped the band-aid off
00:14:34.840 with the policy change.
00:14:36.740 But prior to that,
00:14:38.740 were there signs that things were
00:14:42.180 becoming dysfunctional at the company,
00:14:44.320 or was it really at a very low simmer
00:14:46.980 and you just decided this was,
00:14:48.780 this is just something that needed
00:14:50.520 to be corrected going forward.
00:14:52.740 And then things only got chaotic
00:14:55.200 after you announced the new policy.
00:14:57.860 I think it's,
00:14:58.740 it had been ramping up.
00:15:00.520 Now I have a organizational view
00:15:02.880 that's different than
00:15:03.760 some people who only see
00:15:05.460 part of the organization.
00:15:06.360 I'm the CEO.
00:15:07.280 I'm part of all the discussions.
00:15:08.800 I see what's going on.
00:15:09.880 I'm part of other discussions
00:15:11.080 that aren't public inside the company.
00:15:13.320 And there was a ramp up.
00:15:15.680 Now, I'm only willing to talk about
00:15:17.560 the things that have been made public
00:15:18.660 because everything else
00:15:19.440 is a private internal conversation,
00:15:20.900 of course.
00:15:21.400 But the thing that ultimately
00:15:22.980 sort of ripped it all off,
00:15:25.080 I think,
00:15:25.500 was this conversation that was had about,
00:15:28.520 and this has all been made public.
00:15:29.780 It leaked.
00:15:30.660 So here it is.
00:15:32.180 There was a list of names
00:15:33.300 that had been kept
00:15:35.180 by some people in the company.
00:15:37.820 Sort of, you would call them,
00:15:38.860 well, they were,
00:15:39.800 they were considered to be
00:15:40.740 funny sounding names.
00:15:42.580 Now, this was a serious
00:15:44.000 lapse of judgment.
00:15:45.380 And when I say names,
00:15:46.260 these are customer names
00:15:47.160 that had come in
00:15:48.000 via customer service emails.
00:15:50.580 And this is a terrible
00:15:51.680 lapse of judgment.
00:15:52.460 And I feel responsible too.
00:15:53.640 I knew about this list
00:15:54.520 about a decade ago
00:15:55.500 when it first began.
00:15:56.980 And I sort of thought
00:15:58.600 it was put away at some point,
00:16:00.580 but apparently it continued
00:16:01.620 and it was growing.
00:16:04.280 It hadn't been updated
00:16:05.380 for many, many years,
00:16:06.340 but it existed
00:16:06.920 and it had been moved
00:16:07.440 between systems,
00:16:09.120 like upgraded,
00:16:10.020 moved between different file services
00:16:11.620 and whatnot.
00:16:12.860 Anyway, at some point,
00:16:15.080 an employee apologized
00:16:16.200 for being part of that list.
00:16:18.340 And I thought that apology
00:16:19.180 was very fair and great.
00:16:21.440 But in addition to that apology,
00:16:23.880 there was a chart
00:16:25.300 that was posted along
00:16:26.380 with the apology,
00:16:27.220 which is actually
00:16:27.720 the ADL Pyramid of Hate.
00:16:30.340 I don't know if you're familiar
00:16:30.980 with that pyramid,
00:16:32.700 where at the bottom
00:16:33.300 you have, I think,
00:16:33.780 microaggressions
00:16:34.460 and it kind of goes up
00:16:35.240 three or four levels.
00:16:36.100 To the top, it's genocide.
00:16:37.360 And the suggestion
00:16:38.820 ultimately was
00:16:39.800 that if we are going
00:16:42.300 to be making fun
00:16:43.280 of people's names,
00:16:44.000 which again was a major mistake,
00:16:46.280 that we could end up
00:16:48.000 literally genocidal,
00:16:51.320 which is just such an,
00:16:53.100 I don't know,
00:16:53.820 it's just,
00:16:54.520 I mean,
00:16:55.300 it's obviously what it is.
00:16:57.620 It doesn't make any sense.
00:16:59.080 I think you might need
00:16:59.720 to take some VC money
00:17:00.780 to bring that project to scale.
00:17:02.400 We would need some more people.
00:17:04.160 That's true.
00:17:05.060 That might be one reason
00:17:05.780 to do it, right?
00:17:06.480 So, but, you know,
00:17:08.180 the thing is
00:17:08.700 that was so interesting
00:17:09.380 about it was that
00:17:10.180 some people thought
00:17:11.320 that that was just simply okay.
00:17:13.460 And I could not wrap my head
00:17:16.180 around how we got to a place
00:17:17.820 where we were talking
00:17:18.600 about genocide at work.
00:17:20.780 And the subject of the genocide
00:17:22.760 was that we were potentially
00:17:24.660 going in that direction
00:17:26.440 if we were willing
00:17:28.340 to make fun of people's names,
00:17:30.080 which again was wrong.
00:17:31.280 And the thing that's
00:17:31.900 so interesting to me
00:17:32.700 is that there's got to be
00:17:34.220 a time and a place
00:17:34.980 where you can say,
00:17:35.640 we screwed up
00:17:36.480 and we're sorry
00:17:38.440 and it can end there.
00:17:40.020 But in some cases,
00:17:42.220 it can't end there
00:17:43.380 unless you come to a full account
00:17:45.680 of all the horrors
00:17:46.880 that it could also end up leading to.
00:17:49.460 And I just felt,
00:17:50.580 and David and I both looked at that
00:17:52.060 and said,
00:17:52.540 this has to be the end of that
00:17:54.400 because we can't normalize,
00:17:56.780 literally normalize discussions
00:17:57.920 about genocide
00:17:58.680 that we were potentially,
00:18:00.720 you know,
00:18:01.400 going to commit,
00:18:02.580 right?
00:18:03.400 Inside our company,
00:18:04.220 this is just so out of proportion.
00:18:06.180 And that was ultimately
00:18:07.660 what it was.
00:18:08.800 But there had been a boil
00:18:10.140 and this was sort of the moment
00:18:11.980 where like,
00:18:12.340 we can't let this continue.
00:18:13.780 This just doesn't make any sense.
00:18:16.200 Would I be right in guessing
00:18:17.220 that the person who alleged
00:18:18.500 that you were on the ramp
00:18:20.400 to genocide
00:18:20.960 is also a person
00:18:22.260 who took the buyout
00:18:23.100 when you offered it?
00:18:24.400 Yes.
00:18:24.700 Well,
00:18:26.260 obviously this is not just a problem
00:18:28.020 for Basecamp
00:18:28.920 and that's why we're having
00:18:29.620 this conversation,
00:18:30.920 but it has become
00:18:32.100 system-wide
00:18:33.580 in media
00:18:34.600 and tech
00:18:35.360 and Hollywood
00:18:36.820 and it's just,
00:18:38.120 it truly is ubiquitous
00:18:39.340 and that's what's so
00:18:40.660 alarming to many of us
00:18:42.720 that there's a fringe phenomenon
00:18:44.040 which should be a fringe phenomenon
00:18:45.380 on the left
00:18:46.960 that is capturing
00:18:48.600 our institutions
00:18:49.900 and, you know,
00:18:51.240 the K-12 education now
00:18:53.000 to a remarkable degree.
00:18:54.740 I mean,
00:18:54.940 I tend to describe
00:18:56.320 what we're witnessing
00:18:57.340 under the guise
00:18:58.660 of social justice politics
00:19:00.480 as a kind of moral panic
00:19:02.260 and,
00:19:03.460 I mean,
00:19:03.640 this is not to say
00:19:04.360 that racism
00:19:05.040 and sexism
00:19:06.040 and transphobia
00:19:07.420 aren't problems
00:19:08.440 anywhere.
00:19:09.720 I think they clearly are,
00:19:11.080 but they're not problems
00:19:12.500 everywhere
00:19:13.100 and they're being treated
00:19:15.340 as such
00:19:15.940 by a large group
00:19:17.200 of activists
00:19:17.900 and cult leaders,
00:19:20.140 frankly,
00:19:20.580 I mean,
00:19:20.720 people like Ibram X. Kendi
00:19:22.120 who are pushing
00:19:24.520 a politics
00:19:25.380 on the rest of the country
00:19:26.740 that resembles
00:19:28.020 nothing so much
00:19:29.060 as mental illness
00:19:30.400 and because they enjoy
00:19:33.340 this asymmetrical advantage
00:19:35.300 with respect
00:19:36.200 to social stigma
00:19:37.220 because being accused
00:19:38.380 of racism
00:19:39.060 in particular
00:19:39.880 is so destructive
00:19:41.660 to a person's reputation,
00:19:43.800 these activists
00:19:44.580 are successfully silencing
00:19:47.340 and cowing
00:19:48.600 most good people
00:19:50.380 and the people
00:19:52.340 who do have the courage
00:19:53.520 to call bullshit
00:19:55.040 on all this dishonesty
00:19:56.520 and bullying
00:19:57.080 can be made to seem
00:19:58.640 like they're joining
00:19:59.440 the ranks of bad people
00:20:00.660 who are really racist
00:20:01.900 and sexist
00:20:02.620 and transphobic.
00:20:03.780 So now we have
00:20:04.860 the spectacle
00:20:05.440 of some of the least
00:20:07.760 racist people
00:20:08.800 and institutions
00:20:09.880 on earth
00:20:10.660 issuing abject apologies,
00:20:14.440 the kinds of apologies
00:20:15.300 that would seem appropriate
00:20:17.120 in an exit interview
00:20:18.680 from the Ku Klux Klan
00:20:19.880 just rending themselves
00:20:21.840 over their past sins
00:20:23.740 and I mean this is something
00:20:26.160 that recently happened
00:20:26.920 that you may have heard
00:20:28.460 about this
00:20:28.900 at Juilliard, right,
00:20:30.680 and its drama department
00:20:32.400 in particular
00:20:33.220 just tore itself apart
00:20:35.020 over its alleged racism
00:20:36.720 but the drama department
00:20:38.620 at Juilliard
00:20:39.420 is 50% black
00:20:41.280 and it's circulating
00:20:43.100 crazed lists
00:20:44.540 of demands to itself
00:20:45.940 talking about how
00:20:47.200 black bodies
00:20:48.040 are being subjected
00:20:48.880 to violence
00:20:49.580 under this appallingly
00:20:50.900 racist regime
00:20:52.300 at Juilliard
00:20:52.960 and so this has become
00:20:54.820 like the Salem witch trials
00:20:56.560 and I remain convinced
00:20:59.420 that this fever
00:21:00.960 will break
00:21:01.540 at some point
00:21:02.180 and that sane people
00:21:03.460 will step forward
00:21:04.180 and acknowledge
00:21:04.780 that while there's still
00:21:06.120 a lot of work to do
00:21:07.000 to address specific
00:21:08.020 inequalities in our society,
00:21:09.400 we have made
00:21:10.820 tremendous progress.
00:21:12.100 I mean there is in fact
00:21:13.300 less racism
00:21:14.240 and sexism
00:21:15.080 and transphobia
00:21:16.020 at this moment
00:21:16.800 in America
00:21:17.340 in particular
00:21:18.720 in our institutions
00:21:19.780 than there has ever been
00:21:21.800 anywhere on earth
00:21:22.980 and not to acknowledge
00:21:24.380 that is becoming
00:21:25.940 increasingly perverse
00:21:27.520 even while you
00:21:28.620 are right to want
00:21:30.620 to work
00:21:31.160 to resolve
00:21:32.220 remaining inequalities.
00:21:34.400 So what you've done
00:21:35.720 here I think is
00:21:37.460 you know
00:21:38.480 if it hasn't been
00:21:39.160 celebrated sufficiently yet
00:21:40.820 it will one day be
00:21:42.860 because I mean
00:21:43.840 that the lack
00:21:44.460 of institutional courage
00:21:45.880 we're seeing
00:21:46.640 in the most profitable
00:21:48.720 companies
00:21:50.000 that have ever existed
00:21:51.560 I mean a company
00:21:52.360 like Apple
00:21:52.960 right which is just
00:21:54.040 showing every sign
00:21:55.120 of capitulating
00:21:55.860 the moment
00:21:56.700 a Twitter thread
00:21:57.620 gets started
00:21:58.240 it's really shocking
00:22:00.040 and totally dysfunctional.
00:22:02.440 How do you view
00:22:03.200 the landscape
00:22:04.520 of tech in particular?
00:22:06.820 I mean how many
00:22:07.920 there are a few other
00:22:08.860 companies who have done
00:22:10.020 more or less
00:22:11.280 what you've done
00:22:11.920 I mean I'm thinking
00:22:12.400 of Coinbase
00:22:13.320 and Shopify
00:22:13.980 I think in the case
00:22:15.500 of Coinbase
00:22:16.220 I certainly didn't hear
00:22:17.300 they paid the same
00:22:19.300 kind of price
00:22:20.120 you did in terms
00:22:20.860 of employees leaving
00:22:22.700 and perhaps
00:22:23.160 they didn't offer
00:22:23.960 the same kind
00:22:24.600 of generous
00:22:25.140 exit package
00:22:26.360 but how do you view
00:22:27.800 your tech colleagues
00:22:29.840 and their commitment
00:22:31.720 or lack thereof
00:22:32.720 to holding the line here?
00:22:35.860 Yeah
00:22:36.100 well there's a few
00:22:37.440 things going on
00:22:38.240 first of all
00:22:38.640 there does appear
00:22:39.240 to be a tinge
00:22:41.200 of sort of
00:22:41.660 a religious fervor
00:22:43.140 about this
00:22:43.960 and you know
00:22:44.340 I will say
00:22:45.680 everybody who's
00:22:46.720 ever worked here
00:22:47.460 I think is a wonderful person
00:22:48.600 and they have a great heart
00:22:49.640 and their intentions
00:22:50.400 are good
00:22:50.880 I don't wish
00:22:52.620 ill will on anybody
00:22:53.500 and I think that
00:22:54.840 people are making
00:22:55.620 their own personal decisions
00:22:56.640 and I'm fine with
00:22:57.520 the decisions people make
00:22:58.580 the problem though
00:22:59.660 is that when
00:23:00.240 the alternative
00:23:01.340 is that
00:23:01.920 you know
00:23:02.820 the takes
00:23:03.720 are so uncharitable
00:23:04.640 that
00:23:05.160 if you stick around here
00:23:07.120 I mean there was
00:23:07.620 some threats
00:23:08.400 like to people
00:23:09.880 who work here still
00:23:10.980 and I'm very
00:23:12.420 very appreciative
00:23:13.140 of the people
00:23:13.600 who stayed
00:23:14.080 and lived through this
00:23:15.140 because some of them
00:23:16.100 were being threatened
00:23:16.880 terribly
00:23:17.840 that you know
00:23:19.020 they were racist
00:23:20.020 and they are white supremacists
00:23:21.680 and that they are fascist
00:23:23.000 or part of a fascist regime
00:23:24.240 it's like
00:23:24.580 the most uncharitable
00:23:25.620 possible takes
00:23:26.600 on people
00:23:27.580 when it
00:23:28.140 when it defaults
00:23:29.280 to that
00:23:29.900 that's a problem
00:23:31.340 that is
00:23:32.800 like they're heretics
00:23:34.080 basically
00:23:34.520 and that
00:23:35.240 that sits with me
00:23:37.020 that does not sit well
00:23:38.140 with me at all
00:23:39.060 to go straight there
00:23:40.780 just does not make sense
00:23:41.960 and it's funny
00:23:42.720 like I'm Jewish
00:23:43.460 I was called
00:23:44.520 a Nazi
00:23:45.140 I was called
00:23:46.200 a white supremacist
00:23:47.000 of course white supremacists
00:23:47.960 want me dead too
00:23:48.940 like to even
00:23:49.980 have a suggestion
00:23:51.320 that I
00:23:51.760 I would side with that
00:23:53.160 is just to
00:23:54.360 be completely
00:23:55.220 blinded
00:23:56.400 to the realities
00:23:57.220 of what that is
00:23:58.240 anyway
00:23:59.040 that's
00:23:59.580 what happened is
00:24:00.480 is that
00:24:00.920 Twitter
00:24:01.380 the other thing
00:24:01.760 I've kind of
00:24:02.540 noticed here
00:24:03.120 and by the way
00:24:03.440 I've been off Twitter
00:24:04.180 for about two months
00:24:05.000 I was off at about
00:24:05.720 a week prior
00:24:06.440 to to this
00:24:08.260 all going down
00:24:09.120 and I'm glad
00:24:10.080 that I was
00:24:10.960 because my sanity
00:24:11.820 was was maintained
00:24:13.040 to some degree
00:24:13.820 during this this process
00:24:15.100 but I was shown
00:24:16.000 screenshots
00:24:16.560 of what was going
00:24:18.040 on on Twitter
00:24:18.580 and the amount
00:24:20.300 of shame
00:24:21.060 and bullying
00:24:21.820 directed at
00:24:22.820 our employees
00:24:23.640 and that people
00:24:24.800 who work here
00:24:25.480 was just
00:24:26.400 horrifying
00:24:27.260 and what's
00:24:28.500 interesting is that
00:24:29.240 I think part of the
00:24:30.020 reason why
00:24:30.460 for example
00:24:30.860 Coinbase
00:24:31.360 I think they lost
00:24:31.940 something like
00:24:32.320 5% of their
00:24:33.060 workforce
00:24:33.380 something like
00:24:33.860 that
00:24:33.960 we lost
00:24:34.340 about 30
00:24:34.840 is that we
00:24:35.180 have a smaller
00:24:35.640 surface area
00:24:36.360 we have
00:24:37.400 60 people
00:24:38.860 and we had
00:24:39.820 a page
00:24:40.440 up at
00:24:40.800 basecamp.com
00:24:41.900 slash team
00:24:42.660 which we've
00:24:43.080 since taken
00:24:43.560 down
00:24:43.960 where everyone's
00:24:45.140 name was there
00:24:45.820 and people's
00:24:46.320 Twitter handles
00:24:47.000 were there
00:24:47.360 if they were
00:24:47.680 on Twitter
00:24:48.080 and it was
00:24:48.840 very easy
00:24:49.500 to throw
00:24:50.420 a mob
00:24:51.780 at that
00:24:52.500 small degree
00:24:53.380 of surface area
00:24:54.120 and literally
00:24:54.780 shame the hell
00:24:55.640 out of people
00:24:56.100 it's just
00:24:57.580 it's
00:24:58.420 you know
00:24:58.780 Twitter
00:24:59.460 and you know
00:25:00.760 look
00:25:00.880 I've been
00:25:01.600 on Twitter
00:25:01.940 for years
00:25:02.640 got a few
00:25:03.420 hundred thousand
00:25:03.920 followers
00:25:04.420 I've been
00:25:04.780 very active
00:25:05.340 on Twitter
00:25:05.880 and Twitter
00:25:07.160 is a double
00:25:07.800 edged sword
00:25:08.320 and I've
00:25:08.800 just come
00:25:09.140 to realize
00:25:09.700 that it's
00:25:10.020 actually
00:25:10.380 a terribly
00:25:11.780 toxic
00:25:12.240 soup
00:25:12.700 of complaints
00:25:14.080 and attacks
00:25:15.560 and I don't
00:25:17.520 want to soak
00:25:17.900 my mind
00:25:18.360 in that
00:25:18.620 anymore
00:25:18.880 so I'm
00:25:19.460 off of it
00:25:20.040 but I think
00:25:21.420 Twitter plays
00:25:21.920 a huge role
00:25:22.660 in this
00:25:23.220 and it's
00:25:23.540 one of the
00:25:23.820 reasons
00:25:24.040 why so
00:25:24.660 many
00:25:24.820 companies
00:25:25.320 are afraid
00:25:26.720 because
00:25:27.420 you get
00:25:28.460 a very
00:25:28.780 very vocal
00:25:29.420 group
00:25:30.280 grandstanding
00:25:31.480 and throwing
00:25:32.620 bombs
00:25:33.940 at individuals
00:25:35.400 I mean
00:25:35.840 who's going
00:25:36.120 to stand
00:25:36.480 up
00:25:36.760 to that
00:25:37.560 and I
00:25:38.440 don't blame
00:25:38.800 any of
00:25:39.100 our employees
00:25:39.620 who decided
00:25:40.120 they just
00:25:40.620 couldn't take
00:25:41.080 that
00:25:41.340 and they
00:25:41.620 decided
00:25:41.940 they had
00:25:42.280 to leave
00:25:42.560 too
00:25:42.760 because they
00:25:43.040 didn't
00:25:43.160 want to
00:25:43.360 be part
00:25:43.780 of that
00:25:44.000 I can
00:25:44.240 understand
00:25:44.660 that
00:25:44.900 I really
00:25:45.220 truly
00:25:45.520 can
00:25:45.880 that
00:25:46.320 that pressure
00:25:46.980 must be
00:25:47.380 enormous
00:25:47.820 and there
00:25:48.260 was moments
00:25:48.720 that I
00:25:49.500 wanted to
00:25:49.900 quit
00:25:50.140 like I
00:25:50.580 don't want
00:25:50.820 to do
00:25:51.040 this
00:25:51.260 anymore
00:25:51.620 I don't
00:25:52.400 want to
00:25:52.620 be subject
00:25:53.420 to this
00:25:53.860 how did
00:25:54.140 this
00:25:54.440 happen
00:25:54.800 so I
00:25:56.000 get I
00:25:56.660 get the
00:25:57.020 pressures
00:25:57.340 but I
00:25:57.640 think that's
00:25:58.080 part of
00:25:58.480 what's going
00:25:58.840 on if
00:25:59.180 there was
00:25:59.440 no Twitter
00:25:59.960 I think
00:26:00.940 things would
00:26:01.240 actually be
00:26:01.600 quite a bit
00:26:01.960 different
00:26:02.240 now Twitter
00:26:02.960 is also
00:26:03.300 wonderful
00:26:03.700 we've
00:26:04.540 managed to
00:26:05.260 make
00:26:05.640 serious
00:26:06.320 inroads
00:26:06.800 against
00:26:07.760 some stuff
00:26:08.360 that Apple
00:26:08.700 is doing
00:26:09.100 not around
00:26:10.600 this but
00:26:10.920 around the
00:26:11.240 app store
00:26:11.700 by by
00:26:12.540 marshalling
00:26:13.160 an audience
00:26:14.040 on Twitter
00:26:14.540 and getting
00:26:15.040 people to
00:26:15.400 understand our
00:26:16.000 point of
00:26:16.340 view and
00:26:16.600 our take
00:26:17.040 and Twitter
00:26:17.760 Twitter's
00:26:17.960 wonderful in
00:26:18.880 those ways
00:26:19.300 too but
00:26:19.720 man it's
00:26:20.320 such a
00:26:20.840 tricky place
00:26:21.460 and I
00:26:21.940 think that's
00:26:22.320 the main
00:26:22.760 thing that's
00:26:23.220 going on
00:26:23.760 is that
00:26:24.600 because Twitter
00:26:26.100 is so public
00:26:26.840 and because
00:26:27.880 there's no
00:26:28.340 identity
00:26:28.740 verification on
00:26:29.580 Twitter you
00:26:29.960 have no
00:26:30.400 idea who
00:26:31.560 is forming
00:26:32.700 the mob
00:26:33.140 is forming
00:26:33.580 the group
00:26:33.940 you just
00:26:34.240 don't know
00:26:34.680 and so
00:26:35.000 therefore
00:26:35.380 like there
00:26:36.600 are reasonable
00:26:37.520 good people
00:26:38.320 on there who
00:26:38.700 do have a
00:26:39.060 different point
00:26:39.460 of view
00:26:39.740 fine who
00:26:40.240 want to
00:26:40.540 throw some
00:26:41.400 bombs
00:26:42.020 that's fine
00:26:42.640 but there
00:26:43.320 could be
00:26:43.620 thousands or
00:26:44.300 tens of
00:26:44.680 thousands or
00:26:45.100 hundreds of
00:26:45.580 thousands of
00:26:46.080 fake accounts
00:26:46.860 you have no
00:26:47.360 idea what's
00:26:48.080 going on
00:26:48.480 on there
00:26:48.800 and they
00:26:49.760 can destroy
00:26:50.280 people and
00:26:50.900 that's really
00:26:51.880 sad so I
00:26:52.440 understand the
00:26:53.140 self-preservation
00:26:53.960 what it must
00:26:55.300 take at that
00:26:55.920 level to
00:26:57.100 sacrifice somebody
00:26:58.320 or something
00:26:59.000 to say we're
00:27:00.220 just gonna like I
00:27:01.440 can't handle this
00:27:02.340 anymore in public
00:27:03.400 so we're just
00:27:03.880 gonna do this
00:27:04.820 thing to make
00:27:05.600 that go away
00:27:06.280 I get where
00:27:07.240 that comes
00:27:07.640 from
00:27:07.960 yeah we have
00:27:10.880 a massive
00:27:12.460 coordination
00:27:13.020 problem here
00:27:13.880 because this
00:27:14.520 problem could
00:27:15.380 go away
00:27:16.060 instantly if
00:27:16.960 enough people
00:27:17.500 just stepped
00:27:18.160 forward together
00:27:18.980 but because
00:27:20.100 it's difficult
00:27:20.700 to orchestrate
00:27:21.360 that and
00:27:22.300 because the
00:27:22.680 penalty for
00:27:23.260 any one
00:27:23.800 person summoning
00:27:25.560 too much
00:27:26.040 courage can
00:27:27.480 be extraordinary
00:27:28.480 you have
00:27:29.820 people just
00:27:30.760 wanting to
00:27:32.040 to avoid the
00:27:33.340 problem altogether
00:27:33.920 it becomes
00:27:34.320 rational not to
00:27:35.580 be the one
00:27:36.020 to open your
00:27:36.560 big mouth
00:27:37.180 because you
00:27:38.380 know so much
00:27:38.980 ire and
00:27:39.800 dishonesty is
00:27:41.500 going to be
00:27:41.960 targeted in
00:27:43.380 your direction
00:27:43.980 and this
00:27:45.620 problem you
00:27:46.320 know strangely
00:27:46.840 doesn't go
00:27:47.600 away when
00:27:49.440 you become
00:27:50.040 incredibly
00:27:51.400 successful and
00:27:52.260 wealthy I
00:27:52.820 mean this is
00:27:53.240 you can literally
00:27:54.900 meet billionaires
00:27:55.840 who have no
00:27:56.820 more courage
00:27:57.600 than you know
00:27:59.180 your lowliest
00:28:00.460 employee because
00:28:02.160 they're the first
00:28:03.920 to think well
00:28:04.540 you know what's
00:28:05.900 the upside for
00:28:06.640 me you know
00:28:07.180 like I you
00:28:08.080 know I don't
00:28:08.620 want to
00:28:08.820 complicate my
00:28:09.420 life and in
00:28:10.920 addition I've
00:28:12.360 got thousands
00:28:13.820 of people and
00:28:14.820 and in some
00:28:15.420 cases hundreds
00:28:16.140 of companies
00:28:16.760 and I was
00:28:17.200 talking to a
00:28:17.980 you know famous
00:28:18.900 venture capitalist
00:28:20.280 who you know
00:28:21.900 shares all of
00:28:23.060 my opinions
00:28:23.620 apparently on
00:28:24.220 this subject
00:28:24.820 and when I
00:28:25.440 asked him why
00:28:26.300 he wouldn't
00:28:27.100 talk about this
00:28:28.580 publicly he
00:28:30.160 said you know
00:28:31.360 this is admittedly
00:28:32.480 this can be a
00:28:33.340 totally altruistic
00:28:34.360 motive you know
00:28:35.380 at least in his
00:28:35.960 head he said
00:28:37.340 just too many
00:28:38.460 people and
00:28:38.960 companies depend
00:28:39.660 on me you
00:28:40.520 know I've got
00:28:40.800 hundreds of
00:28:41.300 companies and
00:28:42.160 and people whose
00:28:43.540 whole livelihoods
00:28:44.700 are wrapped up
00:28:45.560 in you know the
00:28:46.760 next thing I do
00:28:47.820 or don't do on
00:28:49.400 some level and
00:28:50.140 you know why
00:28:50.660 would I want to
00:28:51.340 complicate everyone's
00:28:52.440 life by opening my
00:28:54.040 big mouth on this
00:28:55.080 topic yeah I mean
00:28:56.860 you know part of
00:28:59.160 that is is when
00:29:00.500 you have so many
00:29:01.040 interests that are
00:29:01.620 intertwined and
00:29:02.400 dependent upon one
00:29:03.180 another you you
00:29:04.660 you have to you
00:29:05.900 know worry about
00:29:06.880 what the stakeholders
00:29:07.620 might say and
00:29:08.420 maybe your company's
00:29:09.120 going to go IPO
00:29:09.940 you know in a year
00:29:11.060 and you got to
00:29:11.420 worry about that and
00:29:12.400 there's a lot of
00:29:13.280 things to worry
00:29:13.860 about the more the
00:29:15.040 deeper your
00:29:16.280 tentacles go and
00:29:17.480 the more dependent
00:29:18.640 you are upon this
00:29:20.440 funding source or
00:29:21.720 or that eventual
00:29:22.760 exit or whatever it
00:29:23.820 might be which is
00:29:24.460 one of the reasons
00:29:25.020 why we felt like we
00:29:26.400 could take this on
00:29:27.540 and try it we are
00:29:29.340 as I mentioned
00:29:30.500 earlier you know
00:29:31.260 independent we don't
00:29:32.760 have a board we
00:29:33.900 don't have investors
00:29:34.760 if not us who
00:29:36.260 and look you know
00:29:38.720 we even discussed
00:29:40.440 David and I my
00:29:41.900 business partner I
00:29:42.540 discussed like this
00:29:44.100 could take the
00:29:44.700 company down like this
00:29:46.200 literally could and
00:29:47.320 you know what we're
00:29:48.620 okay with that if that
00:29:49.880 was to happen we've
00:29:51.160 been in business for
00:29:51.760 22 years this is more
00:29:54.040 of a I guess a stoic
00:29:55.420 practice perhaps but
00:29:56.380 just kind of the
00:29:56.840 negative visualization
00:29:57.540 like the worst thing
00:29:59.040 that can happen here is
00:29:59.760 we can we could the
00:30:00.740 business could go out
00:30:01.520 of business and that
00:30:02.320 would suck it really
00:30:03.760 would it'd be painful
00:30:04.780 and terrible and this
00:30:05.560 I put my life's work
00:30:06.600 into this I'm 47 like
00:30:08.720 half of my life
00:30:09.480 basically and the
00:30:11.540 full majority of my
00:30:12.880 of my professional
00:30:13.760 life has been in this
00:30:14.620 I would hate for this
00:30:15.900 to go away I love
00:30:16.700 this place I love the
00:30:17.680 people who work here
00:30:18.400 at the products we
00:30:19.040 make are fantastic we
00:30:20.400 have wonderful
00:30:20.860 customers we've done a
00:30:21.880 lot for the industry we
00:30:22.820 care a lot we give a
00:30:23.820 lot back we're very
00:30:25.460 altruistic when it
00:30:26.200 comes to the work that
00:30:27.200 we do we've open
00:30:29.300 sourced tons of
00:30:29.960 software written a
00:30:30.740 bunch of books we're
00:30:31.580 out there and very
00:30:32.260 vocal and willing to
00:30:33.460 say things that we
00:30:34.220 think need to be said
00:30:35.000 but if that all went
00:30:35.660 away we would be okay
00:30:38.280 with that I mean I
00:30:39.560 don't want it to be
00:30:40.360 that but we had to
00:30:41.480 come to that and I
00:30:42.900 can understand how
00:30:44.160 other people who have
00:30:45.760 far more dependencies
00:30:47.320 and by the way the
00:30:48.400 other thing is if
00:30:49.020 you've worked at
00:30:49.560 base camp you can work
00:30:50.520 anywhere so you know
00:30:51.960 anyone here who has a
00:30:53.200 job could get another
00:30:54.020 job somewhere else if
00:30:55.260 that happened I'd feel
00:30:56.480 terrible about it but if
00:30:57.480 that happened that would
00:30:58.300 happen and I mean
00:30:59.560 we're very grateful
00:31:00.780 that that didn't
00:31:01.340 happen and that we
00:31:02.180 have a wonderful crew
00:31:03.060 here and we've already
00:31:04.260 been hiring and people
00:31:05.260 are excited to work
00:31:06.080 here more than ever in
00:31:07.520 some cases because they
00:31:08.500 really want a place
00:31:09.560 that's a refuge from
00:31:11.340 what's going on in the
00:31:12.220 world right now they
00:31:12.900 want a place where they
00:31:13.740 can hone their craft and
00:31:14.840 focus on the work of
00:31:16.360 course have social
00:31:17.000 conversations with
00:31:17.800 colleagues of course but
00:31:19.440 a place where they
00:31:20.340 aren't constantly having
00:31:22.560 to address or decide
00:31:24.820 whether or not they
00:31:25.360 want to wade in or stay
00:31:26.680 out of the biggest
00:31:28.160 topics of our time
00:31:29.700 they want a place where
00:31:31.140 they can just kind of do
00:31:31.880 the work and so so
00:31:33.080 that's been wonderful to
00:31:33.840 see the response and the
00:31:34.740 company is great and we
00:31:35.720 it didn't hurt the
00:31:36.500 business we had a few
00:31:37.900 extra cancellations that
00:31:39.020 one week but other than
00:31:39.960 that everything's back to
00:31:40.820 normal so that was
00:31:42.060 reassuring too that this
00:31:43.360 is actually I think our
00:31:44.320 position is actually quite
00:31:45.360 mainstream yeah it's
00:31:47.620 hard in the tech world to
00:31:48.800 feel that because when
00:31:50.480 you're surrounded by it
00:31:51.720 and you're especially if
00:31:52.780 you spend time on
00:31:53.380 Twitter it feels like the
00:31:54.420 whole world is against
00:31:55.400 you at this moment but
00:31:56.460 you know the more I
00:31:57.540 talk to people and the
00:31:58.320 more people I've heard
00:31:59.080 from I received hundreds
00:31:59.900 of emails from folks and
00:32:00.940 I've talked to a lot of
00:32:01.640 people and other CEOs and
00:32:02.880 leaders and business
00:32:03.600 owners and other
00:32:04.200 employees at other
00:32:04.840 companies and and just
00:32:06.660 vendors that we work with
00:32:07.860 and they're like politics
00:32:09.180 at work that's crazy why
00:32:10.340 would we ever talk
00:32:11.100 politics at work we
00:32:11.960 don't talk politics at
00:32:12.900 work it's also a bit of
00:32:14.060 an American thing since we
00:32:15.820 have employees all over the
00:32:16.740 world we did lose a few
00:32:18.240 great employees in in
00:32:19.860 Europe but for the most
00:32:21.460 part a lot of people were
00:32:22.920 just surprised that this
00:32:25.000 that it the reaction was
00:32:27.040 what it was and anyway it
00:32:30.040 it comforts me to to know
00:32:32.160 that this is actually a
00:32:33.560 pretty mainstream point of
00:32:34.340 view which is that politics
00:32:35.240 and religion I mean there's
00:32:36.380 other things you just
00:32:37.020 wouldn't talk about it
00:32:37.760 where people know not to
00:32:38.620 talk about religion and
00:32:39.540 since politics is
00:32:40.260 essentially become a
00:32:41.180 religion these days it
00:32:43.340 feels like it fits in that
00:32:44.440 category in the same way
00:32:46.020 that if you were in an open
00:32:47.260 office and you were to you
00:32:49.500 know everyone's working in
00:32:50.200 office and someone just
00:32:51.020 grabbed a podium and
00:32:52.540 started to proselytize and
00:32:54.220 and talk about their
00:32:55.280 points of view on religion
00:32:56.600 or or politics and that
00:32:57.740 you should come this way or
00:32:59.000 else everyone would say
00:33:00.460 like hey shut up like what
00:33:02.340 are you doing like what
00:33:03.580 this is totally inappropriate
00:33:05.000 but given the fact that
00:33:06.900 we're we use remote working
00:33:08.440 tools like base camp and
00:33:10.260 other companies use things
00:33:11.100 like slack and whatever else
00:33:12.540 you use it becomes actually
00:33:14.300 you lose the the attachment
00:33:16.440 to the physical pushback of
00:33:19.280 some of these things it's
00:33:20.900 the same way this is a bit
00:33:22.320 of a tangent but it's the
00:33:23.300 same way it's the same
00:33:24.460 reason why software often
00:33:26.160 gets worse over time it's
00:33:28.160 because there's no physical
00:33:29.340 edges pushing back on it if
00:33:31.480 you have like a physical
00:33:32.240 object if you're thinking
00:33:33.220 about industrial design
00:33:34.540 some sort of a can of soda
00:33:36.220 or something it's gonna
00:33:38.240 have to be a certain shape a
00:33:40.200 certain size made of a
00:33:41.300 certain material there's just
00:33:42.740 some obvious physical limits
00:33:44.740 to what something can be
00:33:46.080 software however can be
00:33:47.420 anything and that's why it
00:33:49.420 often becomes anything it
00:33:50.760 becomes overwrought with more
00:33:52.440 features and slows down it
00:33:53.560 gets confusing over time and
00:33:55.300 I think the same thing is
00:33:56.200 true right now with remote
00:33:57.540 work which is that and by the
00:33:58.880 way I'm a huge proponent of
00:34:00.100 it but that you can throw
00:34:02.000 things into this place that
00:34:03.720 you normally wouldn't if you
00:34:05.020 were in person and and that
00:34:07.500 begins to erode the sort of
00:34:10.080 the the wall between what's
00:34:11.380 reasonable and what isn't
00:34:12.520 given the environment and the
00:34:13.840 organization that you're in so
00:34:15.300 I think that's part of it
00:34:16.600 too and I almost don't blame
00:34:17.880 people for falling into that
00:34:19.620 because it's sort of a natural
00:34:20.800 depression I don't mean
00:34:23.120 depression I mean like a
00:34:24.620 depression in the land you
00:34:25.700 know yeah and a tractor it
00:34:26.980 happens I get it but anyway we
00:34:29.440 had to we had to we felt like
00:34:30.620 we had to to basically fill that
00:34:32.560 depression in so people
00:34:34.520 wouldn't keep falling into it
00:34:35.780 and we didn't normalize it and
00:34:36.980 here we are yeah there's
00:34:39.020 something insidious about what
00:34:41.900 gets done with silence in
00:34:43.640 software and on social media
00:34:45.040 too because you know silence
00:34:46.180 gets read as a scent for
00:34:48.680 better and worse and mostly
00:34:50.540 worse and and then you you
00:34:51.920 can get attacked for your
00:34:53.680 silence like I noticed you
00:34:55.020 haven't commented on X you know
00:34:57.320 that must mean you're a a
00:34:58.620 fascist yeah and then you know
00:35:00.900 what's widely supporting this
00:35:03.180 problem is is that people's
00:35:04.760 silence is being counted as as
00:35:07.920 acquiescence to this hysteria
00:35:10.940 right I mean so you know the
00:35:12.040 silence of people at every
00:35:13.540 level you know including at the
00:35:14.920 top it's just giving space to
00:35:17.880 all of these I mean again it
00:35:20.680 does have a quasi religious
00:35:22.280 shape to it I mean there's been
00:35:23.580 a blasphemy tests and a formal
00:35:26.280 scapegoating of people I mean
00:35:27.780 you know reputational witch
00:35:29.620 burnings and all of it is so
00:35:31.660 dishonest in most cases that it
00:35:33.780 it's really toxic and affecting
00:35:36.840 almost everything that was one of
00:35:38.900 the other things if I could jump in
00:35:40.300 on that is this is one of the
00:35:42.960 other things that that started
00:35:43.900 happening is I began to hear from
00:35:45.500 a number of employees who who
00:35:47.480 over the past number of months
00:35:48.680 felt very uncomfortable because
00:35:50.120 they have their own personal
00:35:51.820 opinions even in support of some
00:35:54.540 of these things but they chose
00:35:55.660 just not to share them because
00:35:57.220 you know people sometimes will say
00:35:59.580 that's privilege I think it's
00:36:00.880 just your own personal opinions
00:36:01.980 are your own right you don't need
00:36:03.220 to share what's on your mind with
00:36:04.700 everybody your cause doesn't have
00:36:06.920 to pull an opinion out of me at
00:36:08.960 any time and some people just
00:36:10.680 choose not to want to talk about
00:36:11.900 these things it's also not on
00:36:12.980 everybody's mind equally you know
00:36:14.940 some people don't have time to
00:36:16.040 think these things through and
00:36:17.000 they're not even sure where they
00:36:17.980 stand you know people are
00:36:19.580 nuanced here people are
00:36:21.140 complicated and these are really
00:36:22.460 complicated issues and you know
00:36:24.620 you shouldn't have to wonder if
00:36:27.460 staying out of it means that
00:36:28.460 you're complicit right and and that
00:36:30.980 the the the non charitable or the
00:36:32.740 uncharitable assumption is is that if
00:36:35.180 you don't say something you don't
00:36:36.300 stand up for something that then
00:36:37.400 you are against it and not only are
00:36:39.340 you against it but the against
00:36:41.100 equals you're a racist you're a
00:36:43.300 white supremacist I mean the the
00:36:45.420 reach is just it's so vast so
00:36:48.320 quickly and also then if you want
00:36:50.620 to kind of wade into it because you
00:36:52.740 you maybe do want to participate but
00:36:54.460 you say the wrong thing you don't
00:36:55.880 necessarily know how to say it and
00:36:57.020 everyone's definitions a little bit
00:36:58.280 different you know you you can be
00:37:00.320 attacked for you know a
00:37:01.860 microaggression or whatever it might
00:37:03.340 be and and then you're like you
00:37:05.160 just you don't know where to go and
00:37:06.360 I feel like what ended up happening
00:37:07.580 at base camp was that the self
00:37:09.900 esteem of the organization felt like
00:37:12.480 it was being battered that that we
00:37:14.600 we didn't if people were afraid to
00:37:16.840 talk they didn't know how they were
00:37:18.520 being perceived they there was
00:37:21.100 assumptions about what was being said
00:37:22.880 and what side you were on their
00:37:24.320 factions were being formed and you
00:37:27.000 know it's it's it's one thing to
00:37:29.820 have a detailed debate with somebody
00:37:32.860 or a political debate with someone
00:37:35.020 when you know you can at the end
00:37:36.280 clap your hands and go home the
00:37:38.140 problem with with mixing this with
00:37:39.560 work is that you you have this
00:37:41.200 debate or you stay in it or you stay
00:37:42.980 out of it and staying out of it is
00:37:44.820 communication as well again like you
00:37:46.380 said it could be perceived as as as
00:37:48.060 acquiescence or whatever it might be
00:37:49.280 and but then you gotta you gotta work
00:37:52.140 with people who think you're a monster
00:37:54.200 you know it's like how do you how do
00:37:56.220 you do that this is just it's unfair
00:37:58.120 it's literally unfair to to to have that
00:38:01.520 going on and so you know again like
00:38:04.500 this atmosphere just does not feel
00:38:06.860 conducive to a to a supportive place
00:38:08.960 where we can actually do the work that
00:38:10.600 we're here to do and the other thing
00:38:12.280 is that we're we're a small business
00:38:13.480 we can't really affect global change
00:38:16.820 on any of these points anyway I mean
00:38:19.020 it's one thing perhaps to try to get a
00:38:21.320 huge multinational corporation to to
00:38:23.580 make some moves to make something
00:38:24.920 better if you want to go in that
00:38:26.380 direction like I can almost understand
00:38:28.700 the desire for that we just don't have
00:38:30.800 that that presence we can't make that
00:38:33.240 that we can't press into the world in
00:38:34.960 that way we can press into our world
00:38:37.280 which is the tech world we can press
00:38:39.120 into into antitrust stuff we can press
00:38:41.260 into software development we can press
00:38:42.660 into leadership and management styles
00:38:44.200 and and advocate for sane work hours
00:38:46.780 and advocate for really fair pay and
00:38:48.620 advocate for reduced hours and advocate
00:38:51.460 for remote work and advocate for a lot
00:38:53.600 of autonomy and and and agency inside
00:38:56.100 organizations and all these things that's
00:38:58.340 our realm that's our our sphere of
00:39:00.680 influence and we can stick to that and
00:39:03.460 feel we should be able to stick to that
00:39:05.040 and feel wonderful about our
00:39:06.320 contributions to the world without
00:39:08.160 feeling like we need to just take
00:39:09.540 everything on that could ever be wrong
00:39:12.500 and that's how it began to feel and
00:39:14.920 maybe not to everybody and I can
00:39:16.740 appreciate how some people go or
00:39:18.240 probably listen to this going Jason it
00:39:19.380 wasn't like that well it was where I
00:39:22.180 where I sit in the organization which is
00:39:24.320 looking at the whole place and how we're
00:39:26.340 doing and how we're feeling and the
00:39:27.900 general sense and I hear from all sorts
00:39:29.700 of different employees so as CEO I have
00:39:32.280 to make some of these difficult
00:39:33.500 decisions about what is this place like
00:39:35.820 to work at and this was one of those
00:39:38.320 decisions I really don't think anyone
00:39:40.140 could challenge your lived experience as
00:39:41.900 CEO Jason you're on firm ground there
00:39:44.640 I tried yeah this is the so have you
00:39:49.620 changed anything about your hiring
00:39:52.340 practices or what what advice have you
00:39:55.800 given yourself here going forward and
00:39:57.660 what advice would you give to other
00:39:59.380 tech leaders yeah well we've put a few
00:40:03.600 job ads out there so far and we're
00:40:05.020 getting wonderful people applying and
00:40:06.680 so we haven't changed the practices I
00:40:08.720 think it's it's pretty clear that you
00:40:10.460 know we want to make sure that we're
00:40:11.660 focused on the work here and that this
00:40:13.520 is a place where you can come and do
00:40:14.580 great work and hopefully the best work
00:40:16.020 of your career and that we want to
00:40:17.880 create an environment where that's
00:40:19.360 possible and I think that we've shown
00:40:21.000 over 22 years that this is a wonderful
00:40:22.840 place to be for those reasons and it's
00:40:25.200 one of the reasons why you know up
00:40:27.280 until just recently I think close to
00:40:29.300 half of our company had been with us
00:40:30.620 for more than seven years which is
00:40:32.500 extraordinarily long in this industry I
00:40:35.160 think the average tenure at most tech
00:40:36.560 companies is something like 18 months
00:40:38.120 or two years and I think we had 20
00:40:39.860 some odd percent that were over 10
00:40:41.700 years here so obviously I'm bragging a
00:40:46.280 bit which is not something I'm
00:40:48.220 comfortable with doing so much but I
00:40:49.660 will say that we have we built a
00:40:51.140 wonderful company a place where people
00:40:52.820 can do great work with great people and
00:40:54.560 even the people who left are great
00:40:55.740 people I feel like everyone's a great
00:40:57.060 person here we have wonderful
00:40:58.720 benefits and wonderful pay in a
00:41:00.140 wonderful environment we don't screw
00:41:02.220 people over with meetings all day and
00:41:03.560 we don't take people's time we don't
00:41:05.220 divert people's attention so I think
00:41:07.100 all those things are one of the
00:41:08.980 reasons why we typically get hundreds
00:41:10.620 or thousands of applications whenever
00:41:12.160 we put a job up and that's continuing
00:41:14.900 as we've seen already with the job as we
00:41:16.820 put up so I don't think we have to say
00:41:18.420 anything else we just have to make it
00:41:20.160 clear where we stand I mean you could
00:41:22.320 be relying on the fact that this
00:41:24.520 hiccup got so much press that anyone
00:41:27.200 seeking a job with you now knows you
00:41:30.140 know what the rules are but you know
00:41:32.700 five years from now if you couldn't
00:41:34.520 really assume that would you be asking
00:41:36.860 any further questions or telling people
00:41:40.740 just what the policy is up front as a
00:41:43.100 kind of filter against woke or any other
00:41:46.060 style of activism coming into the
00:41:48.080 company yeah we haven't really
00:41:49.620 discussed that like what to do about
00:41:51.960 that I would just say that first of
00:41:54.840 all politically I don't I don't care
00:41:56.920 where you stand I don't care you know
00:41:58.900 where you stand religiously I don't
00:42:00.060 care about any of these things they're
00:42:00.920 none of my business like that's how I
00:42:02.740 look at them right they're completely
00:42:04.040 none of my business so you can come in
00:42:05.540 with any point of view you want but we
00:42:07.960 have a collective you know society here
00:42:10.120 and we're deciding to to focus on the
00:42:12.180 work and be essentially non-political
00:42:14.300 outside of our you know our immediate
00:42:16.880 the immediate things that we touch so I
00:42:19.060 don't know what that language might
00:42:20.180 look like I know Coinbase has said
00:42:21.900 mission focused I that's their language
00:42:24.600 I'm not I don't like mission purpose
00:42:27.100 and not that's not my language so I
00:42:28.800 don't know what we're gonna say at
00:42:29.960 some point so far we don't have to say
00:42:32.420 anything but I think yeah at some point
00:42:34.600 it would probably make sense to come up
00:42:36.180 with something like that but we tend
00:42:38.020 not to get ahead of ourselves on these
00:42:39.540 things right now we're attracting
00:42:41.460 wonderful people hired some great
00:42:42.920 people already and you know right now
00:42:45.440 everybody understands the advantage to
00:42:47.960 working at base camp can you really
00:42:49.860 state at that categorically because you
00:42:52.100 know you know I'm also hiring you know
00:42:55.180 I'm I have my own ventures and you know
00:42:59.220 I would not be eager to hire a white
00:43:02.660 supremacist say right if you're a neo-nazi
00:43:05.600 and you're applying to you know what a
00:43:07.360 however good a software engineer you
00:43:09.500 might be if you're applying for a job at
00:43:12.060 waking up and those are your political
00:43:14.780 views well we're obviously not interested
00:43:18.200 and I would extend the same judgment to
00:43:22.960 the other side of the continuum I mean if
00:43:24.840 you're so far to the left that you think
00:43:27.620 I'm a racist for saying what I just said
00:43:30.440 on this podcast you know I'm also not
00:43:33.120 interested in working with you I know how
00:43:36.480 to communicate that I mean in my case I
00:43:38.700 probably don't need to communicate that
00:43:40.660 explicitly because people are aware of of
00:43:42.920 what I'm up to on the microphone but I'm
00:43:46.300 just wondering if you know if you're a CEO
00:43:48.360 of another company and you basically see
00:43:50.600 the world that way where you just you just
00:43:52.540 don't want extremists and extremist
00:43:55.420 activists in your company you know because
00:43:59.180 they are a species of religious fanatic and
00:44:03.240 you know they are the laws against
00:44:05.720 discrimination on the basis of religion
00:44:08.080 notwithstanding I'm not going to hire
00:44:10.460 jihadists I'm not there's a lot a lot of
00:44:12.260 people I'm not going to hire based on their
00:44:14.000 cockamamie beliefs so the question is how
00:44:17.320 to select against those beliefs because they
00:44:20.480 are so disruptive is there a generic advice
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