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Some of the commenters to the article state "if it's so bad, why did you not retire 3 years ago and live well" The commentary is missing the context of the sun

Some of the commenters to the article state "if it's so bad, why did you not retire 3 years ago and live well" The commentary is missing the context of the sunken cost problem. This CEO, like many others, already paid his dues. He's missed many bdays, wrecked his health, and lost relationships. And now he gets to enjoy the benefits of the hard work, with the company is firing in all cylinders. Walking away now would mean all the sacrifice was for nothing.

deleted 3y ago
[deleted]
frozenport 3y ago
Except its all bullshit because the dude hasn't obviously lost anything. He's got a family friends, and one of the world's largest and most succesful companies.
- junon 3y ago
  Missing the point entirely.
Horffupolde 3y ago
It’s not that. Someone willing and able to become such CEO will do it and keep doing it regardless.
- joecot 3y ago
  If you spent 30 years struggling, and now everything's running well, do you really step away in the hopes that the next person doesn't immediately bring it crashing down? Because the fastest way to destroy a company is the wrong CEO.
  - KRAKRISMOTT 3y ago
    Do you build companies for money, fame, or change? You have to be honest with yourself. Not everybody builds companies for fame or change, otherwise acquisitions won't be a thing.
david-gpu 3y ago
> This CEO, like many others, already paid his dues. He's missed many bdays, wrecked his health, and lost relationships. Many of us have made similar sacrifices without being CEOs. A few lucky ones have even saved enough to be able to escape that lifestyle. > And now he gets to enjoy the benefits of the hard work, with the company is firing in all cylinders. What are those benefits? He is already wealthy beyond imagination. He could stop any time and enjoy a life of luxuries that we can hardly imagine. Beyond wealth, he has a legacy. In the industry he will be remembered as a highly influential figure and pioneer. > Walking away now would mean all the sacrifice was for nothing. How so? What were his goals when he started? Has he not achieved everything that he wanted and more? Here's what I think happens to people like these who don't quit when they are already wealthy: they like what they have and they fear losing it. They like feeling in power, respected by their peers and subordinates, they like feeling important, accomplished, even admired. And, I suspect, they fear quitting because they realize that once they quit, they are just another bored rich dude with a estranged spouse and children. A has-been with too much free time who will forever try to talk about his past accomplishments to people who don't care. Unless they reinvent themselves like Gates, but many seem to get stuck in the founder/entrepreneur mindset and start yet another company, never having learned their lesson.
- ksec 3y ago
  I dont think he is necessary feeling in power, losing out or chasing more wealth. Especially for product entrepreneur. If you watch the video he actually answered that question. Infinite ambitions. They started a journey, a mission, a goal and it is still not reached.
meibo 3y ago
Most of the CEOs I personally interacted with spend their day bullshitting around in their offices, making bad decisions, going home at 3pm and then writing an @company email from bed telling everyone that it's on them to make the place successful. Not everyone is Steve Jobs, or maybe this guy. Most people probably aren't, and just get lucky/have dedicated staff that can work around bad choices from leadership.
- ksec 3y ago
  >Most of the CEOs I personally interacted They are at best managers, not entrepreneur or founders. >Not everyone is Steve Jobs, or maybe this guy. His name is Jensen Huang, mostly know as Jensen. I know HN isn't exactly a place for hardware. To the point it is worst than most hardware forums. But not even mentioning or knowing Nvidia's CEO's name is just on another level.
  - jjj123 3y ago
    I knew the CEO’s name but I don’t see why there needs to be any reverence for him. “This guy” is plenty clear enough, we’re all talking about the same person.

deleted 3y ago

[deleted]

frozenport 3y ago

Except its all bullshit because the dude hasn't obviously lost anything. He's got a family friends, and one of the world's largest and most succesful companies.

junon 3y ago
Missing the point entirely.

Horffupolde 3y ago

It’s not that. Someone willing and able to become such CEO will do it and keep doing it regardless.

joecot 3y ago
If you spent 30 years struggling, and now everything's running well, do you really step away in the hopes that the next person doesn't immediately bring it crashing down? Because the fastest way to destroy a company is the wrong CEO.
- KRAKRISMOTT 3y ago
  Do you build companies for money, fame, or change? You have to be honest with yourself. Not everybody builds companies for fame or change, otherwise acquisitions won't be a thing.

david-gpu 3y ago

> This CEO, like many others, already paid his dues. He's missed many bdays, wrecked his health, and lost relationships. Many of us have made similar sacrifices without being CEOs. A few lucky ones have even saved enough to be able to escape that lifestyle. > And now he gets to enjoy the benefits of the hard work, with the company is firing in all cylinders. What are those benefits? He is already wealthy beyond imagination. He could stop any time and enjoy a life of luxuries that we can hardly imagine. Beyond wealth, he has a legacy. In the industry he will be remembered as a highly influential figure and pioneer. > Walking away now would mean all the sacrifice was for nothing. How so? What were his goals when he started? Has he not achieved everything that he wanted and more? Here's what I think happens to people like these who don't quit when they are already wealthy: they like what they have and they fear losing it. They like feeling in power, respected by their peers and subordinates, they like feeling important, accomplished, even admired. And, I suspect, they fear quitting because they realize that once they quit, they are just another bored rich dude with a estranged spouse and children. A has-been with too much free time who will forever try to talk about his past accomplishments to people who don't care. Unless they reinvent themselves like Gates, but many seem to get stuck in the founder/entrepreneur mindset and start yet another company, never having learned their lesson.

ksec 3y ago
I dont think he is necessary feeling in power, losing out or chasing more wealth. Especially for product entrepreneur. If you watch the video he actually answered that question. Infinite ambitions. They started a journey, a mission, a goal and it is still not reached.

meibo 3y ago

Most of the CEOs I personally interacted with spend their day bullshitting around in their offices, making bad decisions, going home at 3pm and then writing an @company email from bed telling everyone that it's on them to make the place successful. Not everyone is Steve Jobs, or maybe this guy. Most people probably aren't, and just get lucky/have dedicated staff that can work around bad choices from leadership.

ksec 3y ago
>Most of the CEOs I personally interacted They are at best managers, not entrepreneur or founders. >Not everyone is Steve Jobs, or maybe this guy. His name is Jensen Huang, mostly know as Jensen. I know HN isn't exactly a place for hardware. To the point it is worst than most hardware forums. But not even mentioning or knowing Nvidia's CEO's name is just on another level.
- jjj123 3y ago
  I knew the CEO’s name but I don’t see why there needs to be any reverence for him. “This guy” is plenty clear enough, we’re all talking about the same person.