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A comment on Many Companies Aren’t Prepared to Replace Underperforming CEOs. Parent comment

Re:Many Companies Aren’t Prepared to Replace Underperforming... by zeristor on Friday November 04, 2022 @04:02PM (#33472956)
Sounds a bit like buying a commission, by having enough money you proved worthy of it.
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Re:Many Companies Aren’t Prepared to Replace Underperforming... by MichaelZuo on Friday November 04, 2022 @04:19PM (#33473201)
It is quite similar, the most widespread usage historically would likely be the 18th century trading companies such as the British East India Company which used this method along with others to operate with a relatively tiny managerial workforce by modern standards.

There was another post on HN a few weeks back with an article that looked into it and the numbers were really staggering.

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Re:Many Companies Aren’t Prepared to Replace Underperforming... by gjm11 on Friday November 04, 2022 @05:20PM (#33473932)
A couple of people asked where this was. I think the article is

https://www.strangeloopcanon.com/p/some-things-to-learn-from...

and the HN discussion is

https://news.ycombinator.com/item?id=32710002

(but I am not MichaelZuo and it's possible that I've got the wrong thing).

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Re:Many Companies Aren’t Prepared to Replace Underperforming... by gumby on Friday November 04, 2022 @05:11PM (#33473828)
Could you find that article, perhaps via algolia HN search? I didn't see it.
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Re:Many Companies Aren’t Prepared to Replace Underperforming... by simlevesque on Friday November 04, 2022 @05:08PM (#33473796)
if you could find it I'd love to read that.
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