Ask HN: Is a PhD a hint that you have tried to avoid working in industry?
It might even be a hint that you don't like being told what to do?
I've hired PhDs as (very) successful product managers twice. In both cases, the candidates were very eager to look into all existing research around the product line, as well as perform interviews to determine any gaps.
That, for me, was and is extremely valuable. But, on the other hand, if you're looking for a 1000x Rockstar Coder<tm>, a recent PhD hire may not be for you.
People of varying dispositions have wide ranging motivations to pursue a PhD.