The Hollow Men
American capitalism is rotting from the head down. We have replaced the "Owner-Operator"—the risk-taker-with a new, parasitic class of corporate bureaucrat: The Risk-Free Insider.
By "Insider," I am not referring to a specific title. I am referring to the entire administrative state that has captured the modern corporation. This includes the Directors who exist solely to collect fees, the Executives who exist solely to collect bonuses, and the Managers who exist solely to hire consultants.
These are the hollow men of the boardroom. They are masters of PowerPoint. They wear the right suits. They say the right buzzwords about "governance" and "ESG." But they are mercenaries fighting a war with someone else’s ammunition.
In a functioning economy, authority is tied to liability. If you make a bad decision, you lose your own money. That fear of loss is the only thing that keeps a business honest. It forces you to cut waste, obsess over the customer, and stay late to fix what is broken.
Today, we have severed that link.
We have rigged the game so that heads, the Insider wins; tails, the shareholder loses.
If the stock goes up, the Insider collects a massive performance bonus. If the stock crashes due to their own incompetence, they are fired with a "Golden Parachute" worth tens of millions. They are gambling with the house’s money, and they never leave the table poorer than they arrived.
This looting starts in the boardroom.
We have normalized a "Country Club" culture where directors are selected based on social profiling rather than their ability to build a business. The modern board member is often a professional tourist—paid an average of $350,000 a year.
Let’s be brutally honest about what that number represents. The average director is paid nearly five times the GDP per capita of the United States. They earn more for attending four quarterly lunches than the vast majority of Americans earn in five years of hard labor.
And for what?
Most of these directors are "over-boarded," sitting on three or four boards simultaneously. They treat directorships as a gig economy for the elite. They fly in, rubber-stamp a compensation package they didn't read, and fly out. They collect checks from companies they do not understand, do not use, and certainly do not love.
They are not there to ask hard questions. They are there to be collegial. They are there to protect the other Insiders.
And what happens when these boards hire executives who also have no personal capital at risk?
We get the Delegation Economy.
When a Risk-Free Insider faces a crisis—bloated expenses, a broken supply chain, or a stale product—they do not roll up their sleeves. They hire a consultant. They pay a strategy firm millions of shareholder dollars to produce a 100-page deck telling them what they already know.
This is not management. It is intellectual money laundering.
They use shareholder capital to buy an insurance policy for their own careers. If the plan fails, they can blame the consultants. They delegate the work because they are terrified of the responsibility. They would rather preside over a slow, comfortable decline than risk a bold mistake.
While American Insiders are busy optimizing their severance packages, our global competitors are optimizing their products. They are not slowed down by bureaucracy. They are not waiting for a slide deck. They are outworking us.
If we continue to fill our C-suites with administrators instead of operators, we will lose our edge. We will see iconic American franchises hollowed out by fees, managed for the benefit of the Insiders, while the true owners—the shareholders—are left holding the bag.
The time for polite governance is over.
If we want to save the American economy from mediocrity, we must demand a return to the "Owner’s Mentality." We need leaders who treat shareholder capital with the same reverence they treat their own savings. The era of the Risk-Free Insider must end.
2 weeks from today, C5 drops on @opensea. (View infographic for more information)
- The Cyber Yacht will be an airdrop, via @loopringorg L2, for holders of all 5 items from the C5 collection (snapshot is 2 weeks from the drop date). The Cyber Yacht is a meticulously handcrafted 12-story massive luxurious ship built from scratch with many rooms and areas for activities. It will also be a multiplayer map in Deathmatch.
- All items will have in-game utility in @CC_DEATHMATCH, our token-gated shooter game that we are developing (alpha testing coming soon).
- All items will have 3D files and media files token-gated on our website, when we get those uploaded. You are able to use these files in your own games or worlds you create.
- Our OG #093 giveaway goes live, today, at https://t.co/D0ugiD3Pu3. The Zealy sprint will take place over 2 weeks, with new quests added daily. First place will win OG #093 and 1st - 4th will receive a whitelist slot for the upcoming C5 collection. This OG has been rigged by @engwind_art and will be playable in our game, Deathmatch, as well as having the 3D files available for download for the OG holder, on our website.
- Funds acquired from the C5 collection will go towards further development of our game, as well as hiring a full-time and dedicated webdev to continue building out our website and continuing our token-gated infrastructure for our game.
-Repost with #C5isComing for a chance at 1 of 5 WL spots for the upcoming C5 collection on @opensea
I challenge the internet to find me another person running a billion dollar public company for FREE and also buys shares in that company with his own money. Find me one other. @ryancohen
DID YOU KNOW? 🧠
Buying a Metagate from @GameStopNFT and then playing in it on https://t.co/D8NwN3y7s4 takes less than 1 minute and 30 seconds!
It's that quick and easy, try it yourself: https://t.co/oOqS7S2b5b
Last Friday, we teased 3 new items. We have 5 coming this week.
Here is the Cyber Rover Cab (CRC), which will be an airdrop for Green Trace.
🌿🌳🌱🍀💚 @272CONSERVATION
@CYBERCREWNFT ☢️
X
🔫 @FlightForce4
We are thrilled to announce a NEW partnership and ANOTHER platform for you to #OwnYourAssets#CyberCrew is empowering cross-platform interoperability. More info next week!