I think you are spot on. In the last 3 years we had insane hiring sprees, layoffs, full remote proclamations, RTO proclamations, all perfectly synced between c

I think you are spot on. In the last 3 years we had insane hiring sprees, layoffs, full remote proclamations, RTO proclamations, all perfectly synced between companies. This synchronized zigzag makes me think that 1) C-suite pay is indeed too high, and 2) we may have concentrated risk. On the latter, when SVB busted, it was clear that a small cohort of VCs in chat rooms dominated the decisions of tons of startups, thus they all had very similar behavior. Perhaps the stock market is the same at a larger scale: a relatively small number of large investors can mostly steer what companies do. If so, then there should be opportunity for companies that don't dance to the same tune.