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rory
on March 30, 2021
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Money and Investing (1996)
Genuine question-- How new is this phenomenon? What were the first companies to make non-founder employees rich?
beamatronic
on March 30, 2021
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Jack Welch got pretty rich and he wasn't the founder of GE. Perhaps you mean non-founder and non-executive?
rory
on March 30, 2021
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Yeah that's what I was aiming at. "Early employee stock options" or equivalent. I assume that kind of thing didn't exist in the periods this "wisdom" comes from, but I could be totally wrong.
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