Re: The ManSpeak / PR Department Seems To Be Fully Staffed
The owner may have more of a stake in the survival of the business, but nothing guarantees that that will be compatible with running the business well or treating employees correctly. I get why the stereotype makes sense, but small companies also often do things like assuming they can get away with not paying for things they require and trying to put a lot of responsibility on some person since they pay them, often badly. At least a large company is more likely to realize that they really do need a backup system that's not built during spare time out of old parts and that, if they didn't back up a computer, it's not the IT guy's fault. Smaller companies will make that decision by personal whim, so there's much less of a guarantee about it. The same is true for firing people as this article discusses. A large company is subject to investors wanting a higher share price and may fire people unwisely as a result, but if the owner of a small business doesn't like the way the profit statement looks, they may also take a similar cost-cutting approach. Their ability to fire at scale is lower, but that will make little difference to the people who end up in the affected group.
Your example of Musk doesn't make much sense to me, either. A person who has just founded a company has to work hard and plan well or they'll lose all the money and time they've put into the business, which could likely be catastrophic to their life plans. Musk can also lose money, but going from many billions to fewer billions isn't really going to prevent him buying more stuff, so he doesn't have that incentive. There is certainly a similarity in that both are ruled by personal whims, but with a small business they're whims that have to bend to pragmatism whereas for a billionaire, there is no such requirement. Also, the companies Musk owns aren't small, even if they're not as large as some companies out there. Musk isn't working in a place so small that he knows most or all of the employees there.