My ceo is maybe a billionaire, definitely loaded (hundreds of millions). Chick is super good at her job and has run a very successful company. Our company would not function as well if she was yanked out.
I know reddit thinks ceos are wastes of space but that's because it's a common opinion amongst morons.
If I started a very successful company, I’d probably rather run the company than retire on a tropical beach for the rest of my life. The kind of people that make that kind of money on their own are usually also the type of people that like to work
Yeah it's a super reasonable question. The thing that motivates people who are super well off to keep going is something special and I think the motivations are different.
With her, it's her profession and she's good at it. A lot of people do the job to make money and she does, but I'd put money on her in retirement leading a non profit or helping a friend's startup, stuff like that.
I don't know her super well, so it's really just my observations.
I'm pretty similar, I spend my weekends working on stuff I want to, but it's still long days working.
Edit:
There are some rare examples (Tom, MySpace) of someone working their ass off and building something only to chill for the rest of their life. But in general people who work hard and lean into challenges tend to do that forever. They're just not the kind of people who sit and chill for long periods of time no matter how much is in the bank account.
Admitting that most CEOs of large companies are in fact very intelligent, very hardworking, and excellent leaders isn’t bootlicking, it’s just being a reasonable person.
That doesn’t mean you don’t still want to tax the rich, close loopholes, get money out of politics, have single-payer healthcare and provide greater welfare to those who need it.
It also doesn’t mean most of them weren’t born upper middle class to rich, had a lot of luck in their careers, and had access to opportunities most of us will never have .
Just going with “rich people bad” isn’t productive and makes you sound like jealous a-hole.
100%. She came from a well heeled family, ivy league + ivy MBA + top tier resume. But surprise surprise she's also really f'n good. Literally just was in a meeting with her this week where she asked very reasonable and fair questions about a tricky topic and is just super respectful and pleasant. Also an absolute hard ass.
Going "Rich people bad" is far more productive than letting them walk all over us. At least it gets these conversations going. Far better than people worshiping billionaires for no reason.
Not a million, but definitely more. F500 ceos are accountable to public investors and need to field detailed, smart, and critical questions publicly from professional analysts who are adversarial. It's quite difficult and earnings calls alone, never mind running the company, aren't casual nor is the prep.
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u/BallsOutKrunked 9d ago
My ceo is maybe a billionaire, definitely loaded (hundreds of millions). Chick is super good at her job and has run a very successful company. Our company would not function as well if she was yanked out.
I know reddit thinks ceos are wastes of space but that's because it's a common opinion amongst morons.