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That doesn't have a lot to do with tech companies. First, the ratio compares CEO compensation with stock options to worker wages (without stock options), wherea
by imgabe 6y ago
That doesn't have a lot to do with tech companies. First, the ratio compares CEO compensation with stock options to worker wages (without stock options), whereas many of the workers at tech companies are also getting stock options.
Second, pg is talking about the Forbes 100 where the founders of tech companies are represented. The founders didn't get their stock by being granted it as compensation in stock options, they got it by virtue of founding the company. Whatever they have left, they have because that's what they were able to keep and not sell or get diluted.
For example, Bezos' wealth is mostly due to the fact that he owns ~13% of Amazon. He didn't get that as CEO compensation, he got it by founding the company.