3 ms·
The founders who become CEOs are generally the better ones. The ones that draw universal hatred are usually hired by the board of public companies, to enact unp
by LIMEVINCE 3mo ago
The founders who become CEOs are generally the better ones. The ones that draw universal hatred are usually hired by the board of public companies, to enact unpopular measures to ensure shareholder returns, such as firing expensive developers to make room for cheap AI; or unfairly denying health care to policy holders (like Luigi's alleged victim); etc. The relatively rare heartless corporate CEO also receives disproportionate public attention compared to the more common founder->CEO.
- 21asdffdsa12 3mo agoThey are usually ousted really fast - as there goals do not align with the shareholders?
- srean 3mo agoAnecdote: John Sculley lasted ten years.
- dansquizsoft 3mo agosnap
- charlieyu1 3mo agoThe better you work, the less energy you have to spend on office politics
- techsystems 3mo agoBut there is literature concensus that at least in the US, non-US born CEOs are the best, and there is little relation between founders -> CEOs and good company performance on multiple metrics.
- rolandog 3mo agoThey can be the best at bringing in shareholder value, which would have a great correlation with enshittification. Having the ability to reduce the quality of something so that customers barely stay (or have no where else to go because they have been trapped in a monopoly or a walled garden) is not a skill. I'd argue it is a trait out of cartoon villains.
- senordevnyc 3mo agoWe watched very different cartoons.
- swed420 3mo agoScooby-Doo > * when it comes to accurately depicting the predictable nature of capitalist villainy.
- philipallstar 3mo ago[flagged]
- DarmokTanagra 3mo agoHe was a casualty, not a victim.
- Hackbraten 3mo agoIsn’t it good practice to call them an alleged victim as long as the suspect, Luigi Nicholas Mangione, hasn’t been convicted?
- sebzim4500 3mo agoDidn't he plead guilty?
- Hackbraten 2mo agoHe did. I live in a legislation where pledges aren’t a thing, so TIL that a pledge is equivalent to a conviction.
- p_j_w 3mo agoBrian Thompson killed more people than Luigi.
- senordevnyc 3mo agoNo, he didn’t. Not by any logic that doesn’t also implicate every other executive, employee, vendor, and customer of every health insurance company, plus a huge number of other industries. To the point where the blame is so diffuse that it’s a pointless exercise. Edit since I can’t reply: if “murderer” means someone who takes actions that have nth-order effects of someone dying, with no reasonable or discernible limit on n, then we’re all murderers and the term means nothing.
- 3mo ago
- throwatdem12311 3mo agoLuigi Mangione pleaded guilty.
- rickydroll 3mo agoThe U.S. justice system is notorious for pushing people to plead guilty when they really aren't, or for cases involving extenuating circumstances. The apparent facts bear out that Luigi is guilty of killing that executive, but since it was an executive in a position of making decisions that damaged or ended the lives of hundreds, if not thousands, of people, they would give him a pass (and directions to other executives/billionaires).
- CSSer 3mo ago> The apparent facts bear out that Luigi is guilty of killing that executive And he pleaded guilty. There’s nothing “alleged” about this conversation, despite feelings about any other aspects of it.
- rickydroll 3mo agoI didn't say anything about alleged. I said the "apparent facts". I chose the phrase "apparent facts" because prosecutors and police outright lie or, at best, misstate the facts about what happened, such as when ICE agents claimed that the people they shot were driving their cars at them.
- I-M-S 3mo agoHe said alleged victim
- ryukoposting 3mo ago> The ones that draw universal hatred are usually hired by the board of public companies Nah. When I talk about CEOs I usually mean founders-turned-CEO because those are the types I've personally known and shared space with. Remember, this is HN. Most of those guys are megalomaniacs, clueless, or clueless megalomaniacs.
- pjdesno 3mo agoI think we're all talking about CEOs with business degrees, who subscribe to the Jack Welsh school of domain-knowledge-free corporate leadership.