If a Burger Flipper leaves the company, it costs them exactly the amount of Burgers they fell short of making (to meet the demand) till they find the replacement burger flipper and they are exactly paid that much.
Anyone can burn/bomb a company and cause millions in damages. Doesn't mean they are worth that much
yes, that's my point.
and it absolutely extends to unexpectedly leaving. there have been plenty of times in my career that simply leaving without notice would have cost my company many times my salary.
mongodb ceo is not worth 6 billion dollars.
or, in other words, looking at the 6B loss and working backwards to say that the CEO was underpaid at 52MM is nonsensical
It sounds like you just have something icky against someone being worth billions to a business. It's not a moral worth, it's just a market value as perceived by the market. In other words, a rational investor would gladly pay the CEO $1b for him not to leave and save $6b in market cap. So by definition he must be worth at least that much.
there's many explanations as to why the stock dropped the amount it did. one of the least likely was that desai's leadership is worth billions of dollars. it has nothing to do with "icky".
a rational investor would not want desai to receive a ~20x raise to stay, either. i have no idea why you think they would.
MongoDB reaffirmed both Q3 and full-year FY2027 guidance this morning.
There was no revenue warning, earnings revision, or deterioration disclosed alongside Desai’s departure.
There was no major analyst downgrade today driving the move. In fact, Citizens maintained its Buy rating and $519 target.
There's literally no other reason I can reasonably think of for the large stock drop apart from his departure. So I think you're stretching here. You just can't admit what's obvious because you likely think it's morally icky to suggest someone can be worth that much.
Also you have to consider that Zuck is probably paying him 9 figures to leave. So another person validating that he really is worth that much
you keep saying this, but you have literally no idea who i am or what my morals are. perhaps you should not speak so confidently about things you know nothing about.
i dont find anything "icky", i just disagree with you.
>Also you have to consider that Zuck is probably paying him 9 figures to leave. So another person validating that he really is worth that much
you can't make up a random number then use that made up number as "validation" for your point.
if "CEO Resignes" SELL SELL SELL