Live data from Hacker News

OverpAId – Fire your CEO. Hire the future

overpaid.lol

281–290 of 395 posts

Re: OverpAId – Fire your CEO. Hire the future

#281

I have learned that the purpose of a CEO in many (most?) companies is not to actually run the company. Their purpose is to be the human delegate that represents the corporate entity. They are empowered to act on behalf of the entire organization. This is important because a corporation of many individuals generally cannot act as one. You can sometimes get close with really, really good teamwork, but that's still not…

Also a single person for the board to hold accountable. In essence the individual that represents the company to outside groups. It doesn’t have to be this way. Other working cultures have adopted committees as the top. Is is the dominant form in US shareholder capitalism. The original post is surely satire.

> The original post is surely satire.

Yes, they say so at the bottom of the page.

Re: OverpAId – Fire your CEO. Hire the future

#282

Earlier quoted context omitted.

my comments are from living in nyc for 15 years, alot of lived experience and meeting people behind closed doors

I was part of a company that was doing 10s of M in revenue, a few hundred employees, and had the technical prowess and IP to become a multi billion unicorn but the blue blood CEO was so clueless that he lost literally his entire technical core staff to incredible mismanagement. My favorite memory of him, and this sounds like a fake anecdote, is that on a big emergency call where he was pulling a huge amount of engine…

Sure, but his equity award deadline had passed, thus the fishing trip. And if things go well with Everett on the trip, the new funding would mean he can ditch those risky accounts.

Re: OverpAId – Fire your CEO. Hire the future

#283
post #244

I have learned that the purpose of a CEO in many (most?) companies is not to actually run the company. Their purpose is to be the human delegate that represents the corporate entity. They are empowered to act on behalf of the entire organization. This is important because a corporation of many individuals generally cannot act as one. You can sometimes get close with really, really good teamwork, but that's still not…

Huh. The sales team at my company is the one who closes millions in ARR and all the enterprise contracts - not the CEO. I’m sure being the “conduit of information and a representative element” is very important though. Someone has to attend investor meetings…

Interesting. At a smaller company I worked at, the CEO was a sales role, as far as I could tell.

Re: OverpAId – Fire your CEO. Hire the future

#285

Good satire. I find the "RTO is because of RE valuations" to be the most bizarre thing about the post pandemic work discourse. Office leases are a rounding error to large employers. They are not coercing employees back to the office because their worried about the value of a single portfolio asset falling (assuming they even own it). They are doing it because it's about power. Middle managers do not trust their staff…

I think it’s a socially acceptable costly signal for communicating that power, less about the power itself. Perhaps a different culture could have settled on a humiliation ritual. Either way it has to be costly otherwise it won’t be seen as a true signal though it is likely possible to find a more efficient costly signal.

Could learn from Japanese CEOs to an extent right?

Re: OverpAId – Fire your CEO. Hire the future

#286
At first I thought this person has no clue what ceos actually do. But then I realized that may be part of the satire - ceos fire people without actually knowing what they do other than high level bullet points

"What does this team do? Answer customer tickets? Well let's replace with AI!"

Re: OverpAId – Fire your CEO. Hire the future

#287

Earlier quoted context omitted.

See, this is something I’ve had to reconcile: founders aren’t CEOs, and CEOs aren’t founders. I remain unconvinced a CEO is needed in any real, modern capacity. A large enough company has a PR person (who can do the interviews and sell the messaging), an Ops person (who translates Board guidance into actionable work for specific teams and vice versa), a slew of specialty technical people, and a Board who generally se…

CEOs are also Fall Guys. A fall guy is the person who takes the blame when the whole thing falls apart. I’ve worked with exceptional CEOs at start ups. A startup CEO has to be a good sales person. They need to be able to make that final pitch to sell the company. Then everyone ideally cashes out and we’re all rich without the need to ever work again. It’s probably not going to happen, but I often dream of getting ric…

[dead]
Post reply on HN