• Rodeo@lemmy.ca
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    1 year ago

    Inherit a business that been successful for over a hundred years, and be the one to fuck it up so badly they have to close it down? Maybe they should feel bad.

    I have no sympathy for anyone inheriting entire businesses.

    • JackbyDev@programming.dev
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      1 year ago

      Could’ve been a long time coming. Could’ve been that the previous owners were unethical and the current ones were not. It could be any number of things. It’s not necessarily as simple as them “fucking up” and having to shut down.

    • funkless_eck@sh.itjust.works
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      1 year ago

      something something no wrong moves and still lose

      There’s a reason that, were it ever to happen, I’d stop at SVP level and not jump to C level.

      • Rodeo@lemmy.ca
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        1 year ago

        So that you can get paid less and still have to shoulder all the blame?

        C levels don’t have to take responsibility except when it makes them look good.

        • funkless_eck@sh.itjust.works
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          1 year ago

          in my practical experience, thats not the case. it may be the case at $10B+ companies, but at <$99MM companies it’s still much safer to draw a salary.

          • Rodeo@lemmy.ca
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            1 year ago

            What a strange statement.

            $10B+ companies, but at <$99MM

            What about companies between $100m and $9.99b?

            it’s still much safer to draw a salary.

            But ceos do pay themselves salaries.

            This barely even makes sense and I really don’t get what point you’re trying to make.

            • funkless_eck@sh.itjust.works
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              1 year ago

              I was just casually commenting that I don’t want to be in charge of a company because I’d rather the risk be on someone else’s shoulder, and then when it was implied CEOs take no risk I clarified that the type of immune to failure CEO you’re talking about are different from the average business.