Meh, not really. NVidia stock is presumably rebounding as we speak -- unless they pick someone political or unhinged to take over, this will just be a blip.
And I doubt it'll cost him much. What could you pay the founder of the second most valuable company on the planet who already holds $150B in equity? It'd be as absurd as paying Donald Trump.
16 comments:
duplicate of this maybe: https://news.ycombinator.com/item?id=50467087
I'm guessing this is the most expensive affair in history?
Divide it by 2 and each of them come out cheaper
Meh, not really. NVidia stock is presumably rebounding as we speak -- unless they pick someone political or unhinged to take over, this will just be a blip.
And I doubt it'll cost him much. What could you pay the founder of the second most valuable company on the planet who already holds $150B in equity? It'd be as absurd as paying Donald Trump.
Wow, this is enormous. End of the AI bubble?
LLMs will be completely unaffected, but the pricing remains to be seen.
Bad timing for ANT?
He must have come in cross hair with the state somehow,
Step one: don’t even give the appearance of infidelity as a c-level unless you’re Elon.
It’s really not hard.
Why would he resign on this note? He could have powered through it for a couple more years, and asserted leadership.
Because the CEO serves at the pleasure of the Board. The board decided it was time for him to go.
Then it was a negotiation about how.
Sometimes people can see the writing on the wall and choose to not burn down their life’s work on the way out.
Not sure people have grasped how serious this all is; the second affair alone would fell most CEOs because it was with an employee.
But my guess is, he'd rather resign on this note than what will come out in a few weeks.
Presumably he was not given a choice by the board.
[delayed]
Because it would be damaging to the company which he founded and has a massive stake in, both financial and personal.
He didn’t resign he “resigned”
There is evidence of a second affair that is also problematic coming out, the BBC had some reports.