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I guess it depends on the average relative valuation (i.e. are more people undervaluing that person to a greater degree than those overvaluing them?). But this
by samhw 5y ago
I guess it depends on the average relative valuation (i.e. are more people undervaluing that person to a greater degree than those overvaluing them?). But this also seems to depend on some kind of great man theory of business history. Plenty of people smarter than Jobs or Gates have failed, just due to the vicissitudes of life, if nothing else.
- aerosmile 5y agoThat average relative valuation is a good way to think about it. I would propose that most people don't believe in the exponential potential of individuals, so you'll find that people undervaluing the top CEOs outweigh those overvaluing them.
- samhw 5y agoYeah, I definitely agree to some extent. I've worked with enough people like this to know that there are 100x engineers, and 100x CEOs, and so forth. But I wouldn't assume that every 100x CEO succeeds. It's a contributing factor, but luck still plays an outsize part.