Thread by @chrishlad

I was thinking to myself...

Oh man it would have been awesome to be an early employee at Coinbase.

So I read up on how @FEhrsam and @brian_armstrong chose Employee 1.

Here's math problem from the interview:

Safe to say I wouldn't have made it to the next round😅

So our friend Olaf somehow gets this answer in 3 minutes.

He called it "divine insight".

Then @brian_armstrong spends an hour trying to figure out what drives him.

Here are some of the questions:

Ok, so Olaf passes!

For the next test, @brian_armstrong and @FEhrsam extend Olaf an invitation:

The happy ending is Olaf gets the job and his $50k salary was paid in Bitcoin.

so from 2013-2016, he made about $150k.

and the price of bitcoin was $1k.

Without including taxes and expenses, his bitcoin would be worth $9M today.

would be curious how much advice YC gave on structuring the hiring process:

cc: @paulg @sama

Also would be interested to hear how much advice other early investors give on the hiring process:

cc: @alexisohanian @garrytan