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Janet Yellen was one of the most powerful people in the world. If you want Beyonce to play a private concert for your company, you'll need to fork over $1m+ per
by boc 6y ago
Janet Yellen was one of the most powerful people in the world. If you want Beyonce to play a private concert for your company, you'll need to fork over $1m+ per hour. Why shouldn't an equivalent rockstar in the macro world be allowed to charge similar rates?
- mjburgess 6y agoIt is amazing how people stop thinking when a zero gets added to something. Can a city in a poor country afford anyone here's fee to visit them to speak on their area of expertise?
- guitarbill 6y agoBecause Beyoncé won't be (directly) shaping policies that can benefit your company? The price isn't the problem, the conflict of interest is, even if it's just a potential one. Much more unlikely with a rockstar.
- Traster 6y agoJanet Yellen isn't a powerful person because of her reputation on the speaking tour circuit. If you hire Beyonce it's because you're paying for the performance she gives. If you hire Janet Yellen, no person credibly believes it's because that hour talk she's giving is hugely valuable. It's because you want to establish connections with her to influence her in her actual job where her power comes from. It's a pretext for paying her money that, were you to turn up to her office and hand it to her at her day job, would be a bribe.
- ianhawes 6y agoFrom my own personal experiences, the most you typically get with a high profile speaker is the email address of their assistant or the agent from the speakers bureau.
- kofejnik 6y agoYou can watch performances on Youtube as much as you like, with perfect sound. Most of the time, you hire in-person Beoynce for prestige. Same with Yellen.