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155 points stock_toaster | 1 comments | | HN request time: 0s | source
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apparent ◴[] No.45096264[source]
The "leaders are owners" bit is a great idea from the shareholders' perspective, but a bit of a raw deal for the employees. That is, every owner wants the employees to act as if he has as much skin in the game as an owner does. But the employees simply do not. They might have some equity, but at Amazon it would only be the tiniest sliver. If you can convince such employees to act as if they are owners, then good for you I guess. But savvy employees would only act as owners to the extent that they are given upside potential to match.
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1. Teodorz ◴[] No.45136604[source]
I mostly agree with you but not for big tech. You see, in startups this is a very fair criticism - you get super low salary and barely any stock in comparison with the founders, so working as "owners" often might not make sense. In big tech though, you get paid well, so it's normal to expect ownership from everyone.