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We want our best decision makers launching and backing companies, not retiring because that's all they're able to do. Musk and Bezos need more competition.
by erik_seaberg 3y ago
We want our best decision makers launching and backing companies, not retiring because that's all they're able to do. Musk and Bezos need more competition.
- effingwewt 3y agoJFC, stop putting them on a pedestal. I've said this before but it bears repeating: CEO's aren't special. Bob Iger came back to Disney to finish it off. Shit, look at Elizabeth Holmes. No one deserves that much of a multiple over the people actually creating products or value. When CEO's fail they get golden parachutes. When they get lucky they are praised as some sort of rare superhuman. The cult of CEO and HR needs to wither and die
- ztrww 3y agoI do agree in principle but it’s not that obvious to me if overall it would be much better if all the surplus went to the shareholders instead. At least CEOs generally have to actually work for that money.. > CEO's aren't special some CEOs are terrible, a lot are mediocre and a few are indeed special and worth every penny they get and much more (from the utilitarian/rational point of the company’s shareholders). The problem is that it’s very hard to tell in advance..