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[-] Rodeo@lemmy.ca 1 points 1 year ago

So that you can get paid less and still have to shoulder all the blame?

C levels don't have to take responsibility except when it makes them look good.

[-] funkless_eck@sh.itjust.works 1 points 1 year ago* (last edited 1 year ago)

in my practical experience, thats not the case. it may be the case at $10B+ companies, but at <$99MM companies it's still much safer to draw a salary.

[-] Rodeo@lemmy.ca 1 points 1 year ago

What a strange statement.

$10B+ companies, but at <$99MM

What about companies between $100m and $9.99b?

it's still much safer to draw a salary.

But ceos do pay themselves salaries.

This barely even makes sense and I really don't get what point you're trying to make.

[-] funkless_eck@sh.itjust.works 1 points 1 year ago

I was just casually commenting that I don't want to be in charge of a company because I'd rather the risk be on someone else's shoulder, and then when it was implied CEOs take no risk I clarified that the type of immune to failure CEO you're talking about are different from the average business.

this post was submitted on 25 Sep 2023
877 points (98.6% liked)

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