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A few senior individual contributors can be paid VP money and still cost less than the layered product org they replace.
Drawn from what Tom Verrilli said
A private bookmark. Not a position, and never counted.
What Tom Verrilli actually said
Word for word, with the source under each one. They did not write this page.
Chief product officer at the live-shopping marketplace Whatnot
go and take the comp required to have five L5s reporting to one L7 and then four L7s reporting to one VP and now total the comp of that product org and turn around and say, what if I had three people?
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Our reading — they may agree, disagree or merely touch the same thing. Closest first: a shared subject counts for most, then how near the wording is.