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Past a certain point increasing your compensation decreases your skin in the game, because you have so much money saved up, you can live off comfortably off inv
by Asooka 7y ago
Past a certain point increasing your compensation decreases your skin in the game, because you have so much money saved up, you can live off comfortably off investing, real estate management, etc. This is usually about the level of a top individual contributor, so management is way above that level anyway. You can't have very much skin in the game if you already have as much skin as you want on yourself.
- Tycho 7y agoWe’re talking about management all through the layers of the company. Vast majority of managers don’t have so much wealth that they are indifferent to the many years of future earnings.