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(I am.) CEOs may have shorter durations, but that may be illusory in that they can be engaged in a revolving door between companies or the public/private/acade
by gwern 9y ago
(I am.)
CEOs may have shorter durations, but that may be illusory in that they can be engaged in a revolving door between companies or the public/private/academic sectors. I'm also not too impressed by the article's talk about opulent offices seeming old-fashioned - opulence is relative, and a personal Gulfstream, however spartan, that one is riding to one's mansion in Tahiti is far more opulent than some marble floors or dumbwaiters in Michigan. If Jeff Bezos has a table made of a door from Home Depot (cough) does that make him any less baronial? Compensation, however, and cases like Snap going public with 100% non-voting shares are far more indicative of the true power of CEOs than some office design or hamhandedly publicly bloviating & dabbling in politics (rather than donating behind the scenes).