Steven Bodzin on Nostr: One of the strangest things about the current VC/tech world is that VCs, with their ...

One of the strangest things about the current VC/tech world is that VCs, with their intense focus on cost-cutting, are still willing to pay CEOs insane money.

Reading bankruptcy filing of Tentrr, the AirBNB for glamping. In 2021, the company's total payout to the hundreds of "campkeepers" who made the company run was $1.87m. Meanwhile CEO Anand Subramian received $490k.

https://storage.courtlistener.com/recap/gov.uscourts.deb.188819/gov.uscourts.deb.188819.1.0_1.pdf