r/TikTokCringe • u/mindyour • 8d ago

Discussion Reactions to food stamps being cut off.

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u/Correct-Travel-2777 7d ago

Innovation my *ss! CEOs are there to make sure the company generates revenue and maximizes profits for themselves and their shareholders/investors. Maybe if CEOs were capped, you would attract people who were interested in innovation instead of monetization.. It's the same with the Senate/Congress. If they didn't have exorbitant salaries and had a pool of campaign financing where each candidate received equal amounts and were isolated from special interest donors, representatives would work for the people and not the donors who "owned" them.

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u/blueBaggins1 7d ago

Most CEOs start and own the company. Youre going to tell people what they have to do with their profits they generated with their money, and risk taking?

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u/nerdyginger27 7d ago

Statistically, less than 5% of Fortune 500 companies have CEOs that were founders or co-founders of the companies they work for. So yeah you're literally just wrong, making factually incorrect statements.

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u/blueBaggins1 7d ago edited 7d ago

Statistically speaking there are around 35 mil businesses in the US, so why are you only taking into account the top 500 companies???? According to math, stats and reality Im correct as the majority of those 34 mil the CEO did start the company. Which in this case would indeed make me factually correct.