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Personally, I think of the 312x multiple (or other obscene comp number) as a mind-controlling poison a board likes to force upon a CEO. The compensation is so h
by vwcx 8y ago
Personally, I think of the 312x multiple (or other obscene comp number) as a mind-controlling poison a board likes to force upon a CEO. The compensation is so high that the executive is forced to adopt a "company/profit-first" mindset. The multiplier helps dissuade humanist thinking.