I doubt any CEO's salary comes near the theoretical market value of the job. "Tournament theory" in economics explains why that's true: "Why Your Boss Is Overp

I doubt any CEO's salary comes near the theoretical market value of the job. "Tournament theory" in economics explains why that's true: "Why Your Boss Is Overpaid" http://www.forbes.com/2006/05/20/executive-compensation-tournament_cx_th_06work_0523pay.html http://www.forbes.com/2006/05/20/executive-compensation-tournament_cx_th_06work_0523pay.html The same dynamic drives people at startups, too.