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"Their psychic abilities failed? A coin flip came up tails but they bet on heads?" Isn't it interesting how we want to absolve execs of all blame when they bet
by pmoriarty 4y ago
"Their psychic abilities failed? A coin flip came up tails but they bet on heads?"
Isn't it interesting how we want to absolve execs of all blame when they bet wrong and get unlucky, but declare them geniuses and masters of business when they bet right and get lucky?
- scarface74 4y agoYes and we really should be crying for the software developers who worked for slave wages and had no opportunity to save.
- pmoriarty 4y agoAt least they did something useful and actually earned their pay.
- chasebank 4y agoLike creating a company that gives thousands of people jobs? Or creating infrastructure to enable millions of web based businesses the ability to mindlessly process payments? God, I miss the old HN. This place is reddit now.
- idealmedtech 4y agoAnother entry in the decades-long saga: https://news.ycombinator.com/item?id=149257 https://news.ycombinator.com/item?id=149257
- pmoriarty 4y agoWho built the railroads? J. P. Morgan, or the millions of people who worked for him? Not surprising to see execs and founders on here patting each other on the back and trying to convince everyone that they deserve their millions because of how innovative they are all the "value" they create. Looks like the old HN to me.
- scarface74 4y agoI’m neither an executive or a founder. I’m just self aware enough to know that software engineers aren’t exactly starving.
- dymk 4y agoIt's easy to get something wrong, but it's hard to get it right.
- pmoriarty 4y agoA broken clock is right twice a day.
- rm_-rf_slash 4y agoBad metaphor. There are a million wrong decisions that could be made any time at any day, and only a handful of options.
- dymk 4y agoYou have to be right more than twice a day to lead a company like Stripe.
- gizmo 4y agoOf course the stripe founders are not absolved of blame. They made the wrong call. But overall Stripe has A+ execution -- of which very little was luck -- and the founders deserve credit for that.
- joenot443 4y agoI don’t think I’ve ever seen anyone here express the sentiment that execs and CEOs are geniuses for leading a profitable company. If anything, it seems like it’s us engineers who like to consider ourselves brilliant, and that the simple-minded management should be so lucky to have us.