> Everyone, just admit that the CEO's are paid for having contacts in the ri... | Hacker News

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		verbalist on April 2, 2013 \| parent \| context \| favorite \| on: Powerful Thoughts From Paul Graham > Everyone, just admit that the CEO's are paid for having contacts in the right places. I haven't been able to fully shake the idea that our modern notions of wealth, money and currency are built on a type of social proof pyramid. But I can't quite articulate why. What do you think?

krichman on April 2, 2013 [–]

This sounds like an interesting viewpoint. Could you elaborate on the properties of this pyramid?

verbalist on April 2, 2013 | [–]

For example, I want to connote that acqui-hires rather than buying traditional economic value, symbolize an acquisition and alignment of social proof.

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