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by rm_-rf_slash
4002 days ago
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Maybe it's just me but I've always felt that the corporation should be owned by the corporation. There is something disingenuous about founders who do their job for $1 a year cause they're multimillionaires that own 10% of the company. What happens 100 years down the road? Your descendants - assuming they haven't squandered their inheritance and aren't interested in being a part of a corporate dynasty - will put every ounce of pressure on the company to increase profits, and that means hefty compensation packages to attract executives while midlevel white collars have to fight tooth and nail for a measly hundredth of a percent in options. |
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