The era of distrust and disloyalty
Imagine a company doing $10 billion in yearly revenue. If the right guy manages the joint, it will do $11 billion. Are you willing to pay 10 million a year for this person? What if another company in similar circumstances offers 20 million? And another company 50 million? In the end, they all have 1 billion at stake. So, they all could even offer more and still be laughing all the way to the bank. In other words, even if a CEO could only make a difference of 10% on a large company&#x27;s revenues, it would still be worth it to pay him incredibly large amounts of money. Apple paying Steve Jobs $50 billion would still have been a very cheap bargain. He made a difference of way more than that.