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If executives kill their organization because they take out too much in pay relative to revenue and other costs, yeah they aren't very business savvy indeed.
by Dalewyn 3y ago
If executives kill their organization because they take out too much in pay relative to revenue and other costs, yeah they aren't very business savvy indeed.
- klyrs 3y agoBain Capital disagrees!
- readthenotes1 3y agoBain Capital only destroyed other businesses. The business of plundering other businesses remained solvent.
- klyrs 3y agoFascinating. An individual pirate is a business slouch; a team of pirates is a business savant?
- Dalewyn 3y agoBusiness is fundamentally a question of how to rip someone off without pissing them off.
- Apocryphon 3y agoTo bring this discussion full circle, sounds like those executives were quite business-savvy after all.
- Apocryphon 3y agoMaybe that compensation was tied to some gameable metric like adjusted EBITDA as so many startups do. Or free cash flow like at Warner Brothers. https://variety.com/2024/biz/news/warner-bros-discovery-david-zaslav-2023-compensation-pay-1235974254 https://variety.com/2024/biz/news/warner-bros-discovery-davi...