6 ms·
absolutely no one is smart or productive enough to justify $692m in pay. they could hire thousands of engineers for that money.
by y0ssar1an 7mo ago
absolutely no one is smart or productive enough to justify $692m in pay. they could hire thousands of engineers for that money.
- jstummbillig 7mo agoThe market disagrees.
- gdilla 7mo agoya i could hire 500 min wage baseball players to replace ohtani then.
- haunter 7mo agoIsn't that the plot of Moneyball? You'll almost never find a single player with 30 stolen bases and 30 HR both, but you can find two players with 30 stolen bases and 30 HR alone for cheaper.
- gdilla 7mo agosure, and it doesn't work when everyone knows how to value stats that contribute to wins. Back then, they didn't do so equally. you could go bargain hunting and come out on top.
- periodjet 7mo agoThat’s not for you to decide. It’s for the people with the $692m to decide.
- tasuki 7mo ago> absolutely no one is smart or productive enough to justify $692m in pay. Upper management isn't paid based on how smart or productive they are. Google has like 400 billion yearly revenue. A CEOs decisions have enormous consequences, if a CEO can make slightly better decisions than another, it'd be easy to justify $692m in pay. That said, I don't believe Sundar Pichai is a great CEO. He's might be an ok bean-counter, not sure, but I'm pretty sure one can get cheaper bean-counters. > they could hire thousands of engineers for that money. Yes and pray what would they do with them?
- impulser_ 7mo agoHe runs the 2nd most valuable company in the world, and the company is most profitable company ever. Giving him 700m in stock to keep him around is worth it for both the investors and employees.