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0 pointsdheera1y ago0 comments

Do you realize that for the first N years of Nvidia, he probably made less than minimum wage, AND had immense responsibilities on his back to try to get the company to profitability? That's the risk.

He's getting a 30M paycheck today only because he built a trillion dollar company from nothing and sacrificed the job opportunities he could have had at other companies for three decades.

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6 comments · 2 top-level

mnau1y ago· 2 in thread

Past is irrelevant. He too the risk and got handsomely rewarded for incredible success as he should.

But that is his stock he kept from founding the company. Not today.

He should of course still be CEO of Nvidia and get the money(stock awards), because unlike others, Nvidia execution is excellent (see market cap) and has been for decades, but that is not really any risk for him personally.

dheeraOP1y ago

What do you have against him?

I say give him the 30 million dollar package because he's the only guy I can think of that has hope of turning NVDA into a a 10 trillion dollar company in a few years and I can't think of any other CEO that would do better than him.

And sure, maybe at that point his comp will be 300 million, that's fine, my NVDA stock will 10X as well and I'll be more than happy.

ozgrakkurt1y ago

He deserves massive incentive because he is basically nvidia. There is no other person the shareholders would want to see as the CEO. Company is hugely successful so they have to pay him a lot of money to keep him, works the same if you are a wanted employee, maybe not quite the same amount of leverage though.

Agreed it is not about the risk

freilanzer1y ago· 2 in thread

Do you realise that CEOs don't all start at a company from day 1 and instead get hired and immediately have a huge salary?

According to Wikipedia:

As of 2024, Huang has been Nvidia's chief executive for over three decades, a tenure described by The Wall Street Journal as "almost unheard of in fast-moving Silicon Valley".[14] He owns 3.6% of Nvidia's stock, which went public in 1999.[5] He earned US$24.6 million as CEO in 2007, ranking him as the 61st highest paid U.S. CEO by Forbes.[5]

This should tell you all you need to know.

fuzzfactor1y ago

>CEOs don't all start at a company from day 1 and instead get hired and immediately have a huge salary?

With 20/20 hindsight which seems like the better path now?

>This should tell you all you need to know.

sgammon1y ago

Man what? Is this some sort of gotcha? I honestly do not understand. Is your point that hindsight grants better insight into decision making? Or

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