I know this is a common trope here, and yeah, plenty of MBA-type CEOs are trash. But speaking as a founder/CEO of a small company, the quality gap between an average hire and top talent at the director level is night and day.
Proven talent comes with a massive price tag, but it's almost always worth it. The times I regretted going with the 2nd or 3rd place candidate because they were cheaper ended up setting us back by months.
The same logic applies to CEOs. Moving the needle for a massive company by even a few percent is worth billions. Just look at Lisa Su or Steve Jobs.
Proven talent comes with a massive price tag, but it's almost always worth it. The times I regretted going with the 2nd or 3rd place candidate because they were cheaper ended up setting us back by months.
The same logic applies to CEOs. Moving the needle for a massive company by even a few percent is worth billions. Just look at Lisa Su or Steve Jobs.