The Bitcoin Standard Podcast cover image

137. Clown Continent

The Bitcoin Standard Podcast

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The People at the Top Are Not Interested in the Long-Term Success of the Company

The people at the top are not interested in the long-term success of the company. It doesn't mean anything to them. If they even fail, they get a big payout. You could be talking about the payout they could generate really if they fail. So short-term management becomes more and more rational, more you discount the future. But there are very few companies who are run by their owners. That was one of the first big realizations I had when I started working for big companies.

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