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CEO of Jeff Bezos’s Blue Origin rocket company resigns

washingtonpost.com

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Re: CEO of Jeff Bezos’s Blue Origin rocket company resigns

#12

If a rocket company CEO can be replaced by an e-tail company exec, what do CEOs do that warrant such high earnings again

Nothing much really. It is just they know a guy personally who can pay their high salary. If you know also someone like that just go get your high earning.

Re: CEO of Jeff Bezos’s Blue Origin rocket company resigns

#13

I heard that the management culture at blue was pretty toxic and Bob was a big part of the problem. They have many super talented hard working engineers but are run by accountants and a bunch of Boeing management rejects. That is a huge cause of organizational problems.

Ya I just linked above to an ars tech article

It would be nice if along with the link you would provide information about what the link is about.

Re: CEO of Jeff Bezos’s Blue Origin rocket company resigns

#14
IIRC, Bezos used to sell $1Bn worth of Amazon stock every year to fund Blue Origin, not sure what the funding format is now.

Blue Origin is proof that just throwing money at a problem does not achieve results, and saying the Musk's only contribution to SpaceX to was "using his money to buy success" is a fallacy.

I don't how much you can look into his "engineering" prowess.. but clearly it was more than zero.

Re: CEO of Jeff Bezos’s Blue Origin rocket company resigns

#15

IIRC, Bezos used to sell $1Bn worth of Amazon stock every year to fund Blue Origin, not sure what the funding format is now. Blue Origin is proof that just throwing money at a problem does not achieve results, and saying the Musk's only contribution to SpaceX to was "using his money to buy success" is a fallacy. I don't how much you can look into his "engineering" prowess.. but clearly it was more than zero.

So is Google X, fwiw

Re: CEO of Jeff Bezos’s Blue Origin rocket company resigns

#16

IIRC, Bezos used to sell $1Bn worth of Amazon stock every year to fund Blue Origin, not sure what the funding format is now. Blue Origin is proof that just throwing money at a problem does not achieve results, and saying the Musk's only contribution to SpaceX to was "using his money to buy success" is a fallacy. I don't how much you can look into his "engineering" prowess.. but clearly it was more than zero.

[flagged]

Re: CEO of Jeff Bezos’s Blue Origin rocket company resigns

#17
post #16

IIRC, Bezos used to sell $1Bn worth of Amazon stock every year to fund Blue Origin, not sure what the funding format is now. Blue Origin is proof that just throwing money at a problem does not achieve results, and saying the Musk's only contribution to SpaceX to was "using his money to buy success" is a fallacy. I don't how much you can look into his "engineering" prowess.. but clearly it was more than zero.

[flagged]

What does that have to do with communism?

Re: CEO of Jeff Bezos’s Blue Origin rocket company resigns

#19

If a rocket company CEO can be replaced by an e-tail company exec, what do CEOs do that warrant such high earnings again

There a few snarky answers to your question but the real answer is simple: what CEOs do is extremely hard, they don't just need to build a rocket, they need to build a 1,000 person team capable of producing rockets. Despite what some people may think there's no 1 person who has all the knowledge required to put a rocket into space, so the CEO is responsible for bringing all that knowledge together. Take a look at the flip-side - this bad CEO has been basically fired, how many billions of dollars do you think he cost Bezos through his failure? Would you have paid someone twice his salary if you thought they could do better?

Re: CEO of Jeff Bezos’s Blue Origin rocket company resigns

#20

IIRC, Bezos used to sell $1Bn worth of Amazon stock every year to fund Blue Origin, not sure what the funding format is now. Blue Origin is proof that just throwing money at a problem does not achieve results, and saying the Musk's only contribution to SpaceX to was "using his money to buy success" is a fallacy. I don't how much you can look into his "engineering" prowess.. but clearly it was more than zero.

I think there are more than 2 factors (money, benefactor) involved in the success/failure of a space company.
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