Diamond Member Pelican Press 0 Posted August 28, 2024 Diamond Member Share Posted August 28, 2024 This is the hidden content, please Sign In or Sign Up ‘Bought a 100K car … all cash’ Nvidia employees are becoming multimillionaires as they endure grueling, seven-day weeks at the office — and workers at rivals including Goole and Meta are green with envy. One employee at Nvidia — the AI chipmaker whose stock surge this year has made it one of the world’s most valuable companies — took to ******, the app where tech workers can post anonymously, and responded to a question from a This is the hidden content, please Sign In or Sign Up worker who asked Nvidia engineers “how rich are you?” “Bought a 100k family car in all cash and didn’t have to think about it,” the Nvidia worker wrote on the social media app. data:image/gif;base64,R0lGODlhAQABAIAAAAAAAP///ywAAAAAAQABAAACAUwAOw==data:image/gif;base64,R0lGODlhAQABAIAAAAAAAP///ywAAAAAAQABAAACAUwAOw== Nvidia employees are the object of envy across Silicon Valley due to their newfound wealth. AP “Really depends on your level,” he wrote, adding that their net worth was “only around” $3 million though they “still have 3M unvested and very comfortable.” In response, workers at rival tech firms — including This is the hidden content, please Sign In or Sign Up and Meta, among the most prestigious in Silicon Valley — are admitting to their envy. “The more I hear about Nvidia employees and their riches, the more jealous I feel,” a Meta employee wrote on the ****** app. The Meta worker griped that “some people have to only work for like couple of years to build generational wealth while I need to work like forever to feel safe about retiring!” Another Meta employee wrote on ****** that a neighbor who started at Nvidia five years ago as an entry level engineer was now worth $20 million. An employee from another tech rival, Snap, took to ****** and wrote that he and his wife are worth $14.8 million at age 32. But when compared to “old timer friends” at Nvidia, “every single one of them is worth over $25 million.” “It’s nuts,” the Snap employee wrote on ******. data:image/gif;base64,R0lGODlhAQABAIAAAAAAAP///ywAAAAAAQABAAACAUwAOw==data:image/gif;base64,R0lGODlhAQABAIAAAAAAAP///ywAAAAAAQABAAACAUwAOw== Shares of Nvidia have soared by more than 3,700% in the last five years. REUTERS The Nvidia employee who dished on his newfound wealth ended his post with: “Thanks JHH.” “JHH” are the initials for Jen-Hsun “Jensen” Huang, This is the hidden content, please Sign In or Sign Up who is credited with steering the company and molding it into the world’s dominant maker of semiconductors used to power artificial intelligence. Under Huang’s leadership, Nvidia’s stock has surged by more than 3,700% in the last five years. Huang has also bragged about his reluctance to ***** employees — instead opting to “******** them into greatness.” data:image/gif;base64,R0lGODlhAQABAIAAAAAAAP///ywAAAAAAQABAAACAUwAOw==data:image/gif;base64,R0lGODlhAQABAIAAAAAAAP///ywAAAAAAQABAAACAUwAOw== Nvidia CEO Jensen Huang is credited with steering the company through a ******* of unparalleled success. AFP via Getty Images Some current and former employees at Nvidia described a pressure-cooker environment that demands seven-day work weeks, long hours and frequent shouting matches and fights at meetings. But employees decide to brave it all due to the “golden handcuffs” that the company places on them in the form of stock compensation packages that vest after four years — meaning that workers are free to exercise stock options once the vesting ******* ends. The Post has sought comment from Nvidia. This is the hidden content, please Sign In or Sign Up #Bought #100K #car #cash This is the hidden content, please Sign In or Sign Up This is the hidden content, please Sign In or Sign Up Link to comment https://hopzone.eu/forums/topic/111353-%E2%80%98bought-a-100k-car-%E2%80%A6-all-cash%E2%80%99/ Share on other sites More sharing options...
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