6 ms·

If I earn 30 million a year, I have next to no risk and can retire anytime I want. Hell, I could retire after the first quarter.

dheera 2y ago
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.
- mnau 2y ago
  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.
  - dheera 2y 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.
  - ozgrakkurt 2y 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
- freilanzer 2y ago
  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.
  - fuzzfactor 2y 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.
    - sgammon 2y 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
      - fuzzfactor 2y ago
        Well, when you put up the CEO of Nvidia as an outstanding example, I agree. >hindsight grants better insight into decision making That may be true but that's not the point. You can't compare a company started when Nvidia did, against anything recent without involving a fair bit of hindsight. And you can only see how it really turns out by waiting until now :)
        sgammon 2y ago
        I remain confused by your argument, and unconvinced that you are making a point
        fuzzfactor 2y ago

dheera 2y ago

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.

mnau 2y ago
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.
- dheera 2y 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.
- ozgrakkurt 2y 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
freilanzer 2y ago
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.
- fuzzfactor 2y 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.
  - sgammon 2y 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
    - fuzzfactor 2y ago
      Well, when you put up the CEO of Nvidia as an outstanding example, I agree. >hindsight grants better insight into decision making That may be true but that's not the point. You can't compare a company started when Nvidia did, against anything recent without involving a fair bit of hindsight. And you can only see how it really turns out by waiting until now :)
      - sgammon 2y ago
        I remain confused by your argument, and unconvinced that you are making a point
        fuzzfactor 2y ago