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user-inactivated  ·  376 days ago  ·  link  ·    ·  parent  ·  post: No one should be a billionaire

    This is nonsense. Committees are not efficient or effective forms of leadership for many types of organizations. Armies have generals, states have governors, companies have CEOs, etc for good reason. In many critical cases, someone needs to be able to be able to make swift decisions, resolve or override disagreements, and set strategy.

I agree. Board of directors or no, roles like CEOs and CFOs and such exist for a reason.

    Also, why is the position of CEO even in question here? I don't think Tim Cook has a billion dollars. Maybe Spross is confusing founders with CEOs.

I think Spross might be conflating the two terms, which is understandable. A lot of high profile billionaires either are or were at one time CEOs at their respected companies.