If you are running something worth over $1 trillion that makes hundreds of billions of dollars per year it makes sense though, right? You can argue even a mediocre CEO could do ok, and I’d agree, but at the same time you could easily justify paying huge amounts of money to get a CEO who will only perform better by 1%/year.
To me it’s really the size of the big tech companies that’s mind boggling. The fact companies that didn’t, or barely, even existed 25 years ago can make hundreds of billions of dollars is just insane.
To me it’s really the size of the big tech companies that’s mind boggling. The fact companies that didn’t, or barely, even existed 25 years ago can make hundreds of billions of dollars is just insane.