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Misunderstanding why the CEO is paid so much.

If you've ever worked at a company that's a chaotic shitshow, you'll know how strong the effect of the CEO is - it always comes down to the guy at the top not being up to it.

The leverage of the role is enormous, and the strength of someone who can carry out this role well for a large company is sky high - not many such people in the world, and they only need one.

So the math all comes out very straightforward: even at obscene looking salaries, they're still a bargain.



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