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	<title>The Bitter Lounge &#187; Unbelievable</title>
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	<description>We can afford to buy our own drinks....</description>
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		<title>The Bitter Lounge &#187; Unbelievable</title>
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		<item>
		<title>Simply Brilliant</title>
		<link>http://bitterlounge.wordpress.com/2009/05/13/simply-brilliant/</link>
		<comments>http://bitterlounge.wordpress.com/2009/05/13/simply-brilliant/#comments</comments>
		<pubDate>Tue, 12 May 2009 21:21:12 +0000</pubDate>
		<dc:creator>jedi</dc:creator>
				<category><![CDATA[Unbelievable]]></category>

		<guid isPermaLink="false">http://bitterlounge.wordpress.com/2009/05/13/simply-brilliant/</guid>
		<description><![CDATA[What more can I say:
http://mashable.com/2009/05/08/sproutbox/


Posted in Unbelievable       <img alt="" border="0" src="http://stats.wordpress.com/b.gif?host=bitterlounge.wordpress.com&blog=4578076&post=131&subd=bitterlounge&ref=&feed=1" />]]></description>
			<content:encoded><![CDATA[<div class='snap_preview'><br /><p style="clear:both;">What more can I say:</p>
<p style="clear:both;"><a href="http://mashable.com/2009/05/08/sproutbox/">http://mashable.com/2009/05/08/sproutbox/</a><u><br /></u></p>
<p style="clear:both;"><u><br /></u></p>
<p><br class="final-break" style="clear:both;" /></p>
Posted in Unbelievable  <a rel="nofollow" href="http://feeds.wordpress.com/1.0/gocomments/bitterlounge.wordpress.com/131/"><img alt="" border="0" src="http://feeds.wordpress.com/1.0/comments/bitterlounge.wordpress.com/131/" /></a> <a rel="nofollow" href="http://feeds.wordpress.com/1.0/godelicious/bitterlounge.wordpress.com/131/"><img alt="" border="0" src="http://feeds.wordpress.com/1.0/delicious/bitterlounge.wordpress.com/131/" /></a> <a rel="nofollow" href="http://feeds.wordpress.com/1.0/gostumble/bitterlounge.wordpress.com/131/"><img alt="" border="0" src="http://feeds.wordpress.com/1.0/stumble/bitterlounge.wordpress.com/131/" /></a> <a rel="nofollow" href="http://feeds.wordpress.com/1.0/godigg/bitterlounge.wordpress.com/131/"><img alt="" border="0" src="http://feeds.wordpress.com/1.0/digg/bitterlounge.wordpress.com/131/" /></a> <a rel="nofollow" href="http://feeds.wordpress.com/1.0/goreddit/bitterlounge.wordpress.com/131/"><img alt="" border="0" src="http://feeds.wordpress.com/1.0/reddit/bitterlounge.wordpress.com/131/" /></a> <img alt="" border="0" src="http://stats.wordpress.com/b.gif?host=bitterlounge.wordpress.com&blog=4578076&post=131&subd=bitterlounge&ref=&feed=1" /></div>]]></content:encoded>
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		<slash:comments>0</slash:comments>
	
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			<media:title type="html">jedi</media:title>
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		<item>
		<title>Bravo!</title>
		<link>http://bitterlounge.wordpress.com/2008/09/13/bravo/</link>
		<comments>http://bitterlounge.wordpress.com/2008/09/13/bravo/#comments</comments>
		<pubDate>Fri, 12 Sep 2008 21:55:43 +0000</pubDate>
		<dc:creator>jedi</dc:creator>
				<category><![CDATA[Unbelievable]]></category>
		<category><![CDATA[peter thiel]]></category>
		<category><![CDATA[sanity]]></category>
		<category><![CDATA[techcrunch]]></category>

		<guid isPermaLink="false">http://bitterlounge.wordpress.com/?p=114</guid>
		<description><![CDATA[And I quote:

The lower the CEO salary, the more likely it is to succeed.
The CEO’s salary sets a cap for everyone else.  If it is set at a high level, you end up burning a whole lot more money. It aligns his interest with the equity holders.  But [beyond that], it goes to [...]<img alt="" border="0" src="http://stats.wordpress.com/b.gif?host=bitterlounge.wordpress.com&blog=4578076&post=114&subd=bitterlounge&ref=&feed=1" />]]></description>
			<content:encoded><![CDATA[<div class='snap_preview'><br /><p>And I <a href="http://www.techcrunch.com/2008/09/08/peter-thiel-best-predictor-of-startup-success-is-low-ceo-pay/">quote</a>:</p>
<blockquote><p>
The lower the CEO salary, the more likely it is to succeed.</p>
<p>The CEO’s salary sets a cap for everyone else.  If it is set at a high level, you end up burning a whole lot more money. It aligns his interest with the equity holders.  But [beyond that], it goes to whether the mission of the company is to build something new or just collect paychecks.</p>
<p>In practice we have found that if you only ask one question, ask that.
</p></blockquote>
<p>This is the kind of stuff that keeps me sane when I work with asshats.  </p>
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			<media:title type="html">jedi</media:title>
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