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People made the same claim about Steve Jobs and Bill Gates and yet their companies greatly increased in value since they left.
by ChrisKnott 5y ago
People made the same claim about Steve Jobs and Bill Gates and yet their companies greatly increased in value since they left.
- breakfastduck 5y agoA building is only as strong as its foundations. Companies are the same. I'd say that the foundation Steve Jobs left (Mac, iPod, iPhone, iPad) was pretty damn important to that success, considering they still have essentially the exact same product lineup. Same goes for MS, Windows, Office, Xbox did not all come about after Bill Gates' departure.
- ChrisKnott 5y agoThen why; 1. Wasn't this priced in already? 2. Is it necessary to pay the new CEOs so much? You argument is actually in opposition to the one I replied to, justifying Cook's renumeration.