> So in that sense, money is money. Ye-es, but only if the company is doing well. If the stock collapses, which it can do in a lot of companies, then it's not

> So in that sense, money is money. Ye-es, but only if the company is doing well. If the stock collapses, which it can do in a lot of companies, then it's not money. Imagine if Microsoft hadn't pivoted successfully to its new form, or if Google fails to find its footing in a ChatGPT world. Those are big, vital things that need navigating, and they are worth incentivising CEOs for. You might say that the vesting period should be longer, and perhaps that's right, but then other companies will poach them with shorter vesting periods, and the usual market dynamics apply where companies are vying for talent.