E164: Zuck’s Senate apology, Elon's comp package voided, crony capitalism, Reddit IPO, drone attack
All-In with Chamath, Jason, Sacks & Friedberg
Incentives and Debt in Compensation Plans
Implicitly disapproving of performance incentives and approving of debt-driven mechanics in compensation plans may lead to unintended consequences. Such decisions can shape how companies design their compensation plans and how CEOs perceive risk, ultimately leading to a preference for gameable plans rather than incentive-laden ones.
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