The Ops Playbook Behind Tensor’s Acquisition by Coinbase

Phil Jacobson, former Head of Operations at Tensor Labs, breaks down what startup ops actually looks like when the stakes are high: legal, finance, hiring, cap table cleanup, and acquisition readiness. The biggest takeaway: the systems founders delay early are often the same systems that matter most when it’s time to raise, scale, or sell.

In this Mantle Mondays episode, Phil shares how he went from founder to operator, why he joined Tensor Labs, what he learned running ops in crypto, and why getting the cap table out of a spreadsheet was one of the first things he tackled before Tensor’s acquisition by Coinbase.