In a move that feels indicative of the continued erosion of... whatever we deem a normal workplace, Coinbase, the largest cryptocurrency exchange in the U.S., has begun implementing an evaluation app called Dot Collector so that employees can provide feedback on each others’ performance in real-time.
As first reported by The Information, the app itself was developed by Bridgewater Associates, the largest hedge fund in the world, founded by Ray Dalio, a billionaire who now seems to spend his time authoring books about finance and the pseudo-science behind success. Dot Collector was used at Bridgewater to foster, uh, “radical transparency,” and is sold by Principles, another company that Dalio founded.
