Nvidia Employees Are Now Multi-Millionaires in 'Semi-Retirement'

[zuhayeer]

https://www.msn.com/en-us/money/companies/employees-who-worked-at-this-company-for-the-past-5-years-are-now-multi-millionaires-in-semi-retirement/ar-BB1p0KRr

[ein0p]

Story time: in 2000 my first manager at Microsoft had not one, but three houses on Lake Washington, a small stable of fancy sports cars, and a rather substantial boat. In 2002 he had none of those things and was bankrupt. Moral of the story: diversify the living shit out of overheated stocks.

[throwAGIway → ein0p]

I hope he kept his stock, short term dips are to be expected.

[Ekaros → throwAGIway]

Dips might not be short term... Cisco's chart is good example to look at.

[throwAGIway → Ekaros]

Cisco never was anything comparable to Microsoft.

[ein0p → Ekaros]

Exactly right. And depending on how deep the “dip” goes and how long it lasts, few people have the stomach to “hodl”.

[fatnoah]

I have to imagine that Meta, and other big companies are in a similar situation. Meta, in particular, gives beefy grants and anyone that joined 4-5 years ago has seen the stock go up 7X. For a senior Engineer that held on to the initial grant and refreshers, that stock would be worth $5-10+ million now.

[mensetmanusman]

Wonder if this crashes the company if everyone actually retires and cashes out.

[timonoko]

"I had only 30 millions left, so i started a rocket company".

[timonoko → timonoko]

"It's OK to have your eggs in one basket as long as you control what happens to that basket."

[khaki54]

Good now they can finally afford their own cards in their gaming rigs.

[bravetraveler → khaki54]

Multi-GPU is dead for the consumer so at least it only has to be one