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AndrewKemendotoday at 1:29 AM1 replyview on HN

You say that as though it’s an option

CEO is selected by the investors for whoever will side with the investors 100% of the time over every other group including employees

What you suggest would subvert this and so it won’t and can’t happen


Replies

seangroggtoday at 1:58 AM

This was far more of an option in the 1980s and earlier; a CEO being compensated 20-30x a line employee was pretty standard around then; now it's closer to 250-300x. I think there's more optionality than we may assume, we've just left the structural incentives that drive that difference in place.