A 6,000-word document about Changpeng Zhao's managing style was published on Thursday.
Thousands of staff members in engineering, marketing, business development, and other roles are employed by the company. Those employees will not hear much from Zhoa. It's nice to be praised.
If you do well, you may get feedback from other people. It's probably not so much from me. The CEO confronted staff who made mistakes or handled a task badly.
It feels like we are setting a low bar if we make a big deal out of each small achievement. We don't want to do that.
Congratulating someone for a job well done isn't time efficient, and Zhao said he avoids doling out praise because it could make people think he is preferential.
It should come from within. The CEO wrote that his inner intrinsic rewards were enough when he did well.
I don't think this is a good approach, it's just how I operate.
It faces concerns from authorities on whether it can be used to transfer illegal funds, as it has been the center of both praise and controversy. The exchange was hacked and about $100 billion of coin was taken.
He is a well-known figure in the industry. The billionaire is the 37th richest person in the world.
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