| ▲ | john_strinlai 4 hours ago | |||||||||||||||||||||||||||||||
the point is that the amount of money you make is not really tied to the amount of many you can cause the company to lose (on purpose, by accident, by departure, etc.). or, in other words, looking at the 6B loss and working backwards to say that the CEO was underpaid at 52MM is nonsensical | ||||||||||||||||||||||||||||||||
| ▲ | bko 4 hours ago | parent [-] | |||||||||||||||||||||||||||||||
I think it's a pretty clear counterfactual. Someone works there company is worth X. If he doesn't work there, what would the company be worth? Note that the role itself doesn't go away, it will get replaced, but the difference in market value is his worth to the company compared to a median CEO. It sounds like you just have something icky against someone being worth billions to a business. It's not a moral worth, it's just a market value as perceived by the market. In other words, a rational investor would gladly pay the CEO $1b for him not to leave and save $6b in market cap. So by definition he must be worth at least that much. | ||||||||||||||||||||||||||||||||
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