this post was submitted on 21 Jul 2024
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Showerthoughts

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[–] [email protected] 7 points 5 months ago

Not sure what your experience with companies is but I‘ve built a couple and you absolutely go to jail if your company does certain things. Sadly, that still doesnt really apply often enough. Here’s a list of ceos that went to jail for their deeds: https://www.nbcnews.com/business/markets/10-ceos-who-went-boardroom-cell-block-flna783944

The important part is that the „mistake“ that has happened is called negligence and if that happens multiple times (as it did), you should have put systems in place to not let it happen again.

As I already mentioned, this doesnt apply often as large companies that make billions - and their ceos - have much better lawyers than average joe (even if joe owns a small company).

The landscape of entrepreneurship looks vastly different from the normal legal system and money does make and break a lot. Only if you‘re either a huge idiot or steal a lot of shit, you go in no matter your resources.