Base Creator Jesse Pollak Steps Back From App Leadership After Admitting Social Bet 'Was Wrong'

NEW: Base’s Jesse Pollak @jessepollak says he got @base’s biggest bet wrong, and it felt it like a “punch in the face” Key takeaways: • Onchain social “disintegrated” as a growth driver • Base fell behind in perps, prediction markets, tokenization & payments • Base App returns to Coinbase under @

Long overdue imo, but very insightful and reflective post by @jessepollak about the mistakes they have been making over at @base, what they've learnt and how they will continue moving forward. Key messages imo: 1) Focus on better finance. After a lot of unsuccessful bets on social and creator coi

Base Creator Jesse Pollak Steps Back From App Leadership After Admitting Social Bet 'Was Wrong'

Coinbase's Jesse Pollak steps back from Base app leadership after admitting his crypto social strategy failed

JUST IN: Base founder Jesse Pollak steps back from app leadership after admitting his social bet "was wrong" Pollak said Base's bets on Farcaster, Zora, miniapps, and creator coins "disintegrated completely" in Q1 2026 and called the experience "a punch in the face." Cobie will now lead the Base a

🚨💥 COINBASE'S BASE APP CHIEF JUST STEPPED BACK, ADMITTING FAILURE Jesse Pollak is stepping back from leading the Base app after admitting his crypto social strategy didn't work. This is rare in crypto. A top exec at one of the biggest names in the industry publicly owning that the bet failed in