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> The size of a company is very correlated with the value add between a good CEO and a bad CEO, or between a good CEO and a great CEO. This is true for any oth
by soulbadguy 3y ago
> The size of a company is very correlated with the value add between a good CEO and a bad CEO, or between a good CEO and a great CEO.
This is true for any other employee. If a dev optimize a code base by 1%, that 1% value add is correlated to the size of company : could 10$ for a small company or 1Mill for a large company.
A company is a collective of individual working together to preduce (in general) more than just the the sum of the output of each individual. So it's normal that any individual output value would be a function of the collective output.
However, the current social contract is that "regular" employee trade some of the upside of the synergy for less risk and more predictable compensation. The question is, why are we so comfortable treating the CEO any differently.
- highfrequency 3y agoWhen a software company gets 1000x bigger, there are 1000x more engineers. But there is still one CEO. The scaling of responsibility and impact is very different.