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Comment by LIMEVINCE | Hacker News Reader

The founders who become CEOs are generally the better ones. The ones that draw universal hatred are usually hired by the board of public companies, to enact unpopular measures to ensure shareholder returns, such as firing expensive developers to make room for cheap AI; or unfairly denying health care to policy holders (like Luigi's alleged victim); etc. The relatively rare heartless corporate CEO also receives disproportionate public attention compared to the more common founder->CEO.

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I think we're all talking about CEOs with business degrees, who subscribe to the Jack Welsh school of domain-knowledge-free corporate leadership.

But there is literature concensus that at least in the US, non-US born CEOs are the best, and there is little relation between founders -> CEOs and good company performance on multiple metrics.

They can be the best at bringing in shareholder value, which would have a great correlation with enshittification. Having the ability to reduce the quality of something so that customers barely stay (or have no where else to go because they have been trapped in a monopoly or a walled garden) is not a skill. I'd argue it is a trait out of cartoon villains.

We watched very different cartoons.

Scooby-Doo > * when it comes to accurately depicting the predictable nature of capitalist villainy.

> The ones that draw universal hatred are usually hired by the board of public companies

Nah. When I talk about CEOs I usually mean founders-turned-CEO because those are the types I've personally known and shared space with. Remember, this is HN.

Most of those guys are megalomaniacs, clueless, or clueless megalomaniacs.

They are usually ousted really fast - as there goals do not align with the shareholders?

Anecdote: John Sculley lasted ten years.

snap

The better you work, the less energy you have to spend on office politics

Luigi Mangione pleaded guilty.

The U.S. justice system is notorious for pushing people to plead guilty when they really aren't, or for cases involving extenuating circumstances.

The apparent facts bear out that Luigi is guilty of killing that executive, but since it was an executive in a position of making decisions that damaged or ended the lives of hundreds, if not thousands, of people, they would give him a pass (and directions to other executives/billionaires).

> The apparent facts bear out that Luigi is guilty of killing that executive

And he pleaded guilty. There’s nothing “alleged” about this conversation, despite feelings about any other aspects of it.

I didn't say anything about alleged. I said the "apparent facts". I chose the phrase "apparent facts" because prosecutors and police outright lie or, at best, misstate the facts about what happened, such as when ICE agents claimed that the people they shot were driving their cars at them.

He said alleged victim

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