>>Also, are good executives really worth the money I wouldn't hire these executives to do anything, let alone run a company. Most of them only get into a compa

>>Also, are good executives really worth the money I wouldn't hire these executives to do anything, let alone run a company. Most of them only get into a company because of their network. And once they come in, they have a gang of sycophants built up to assist them through their loot. They last 2-3 years any where they go. After which that 'you cant fool all the people all the time' thing kicks in and they are fired. But what's the point any way? there are enough idiots who will be ready to hire them again and they have a big enough network to help them out. >>or is this something that's just become accepted practice I attended a start up conference here in Bangalore. A exec of a big company was invited to speak. His full talk was BS, of course. But he repeatedly emphasized start up's were missing 'expert exec leadership' and VC's weren't paying up enough to ensure such leadership came on board. In short his whole talk was cribbing about how start ups were asking them to perform to get payed and were not just paying them while they wish to sleep on their jobs. >>I've never known anyone I'd give $60M for 15 months of work. Any one who is that capable is likely making doing his own work. And never this way.