Feeds

Letters: let's hear it for Nvidia stock options

Cleaning up, good for the engineers

  • alert
  • submit to reddit

Combat fraud and increase customer satisfaction

Our criticism of Nvidia's plan to convert employee share options into stock (Nvidia turns water into wine) is not universally shared. Here are two contrarian opinions.

"So when Nvidia is talking of 'employees' it really means a few senior managers who we guess are holding the vast majority of shares options. "

That may be technically the case, and may even be the real motivation, but while the executive staff holds the majority of options, the minority held by the engineering staff are quite certainly significant to _them_ on a per capita basis. When you're not wealthy, tens of thousands of $$$ in share means quite a lot.

Joe Kraska
San Diego CA
USA



No offense Drew, but I think you missed the point entirely. Nvidia's decision to issue stock to employees, especially high-level employees, marks a turning point in Nvidia's management strategy. Frankly I'm surprised it took them this long, and they're lucky to have had such great success with their former scheme. It's a testament to Jen-Hsun Huang leading abilities, I assure you. I'm truly tired of seeing corporations dole out enormous salaries to idiots at high levels, who could care less how the company survives in the long run, who make short sited decisions that undermine the workings of a free market system, and consequently put workers and investors at risk. It's the point America is trying to make with newer SEC regulations, "accountability." When high level management isn't financially strapped to the long run performance of a company, you end up with bureaucratic nonsense. Given the SEC's recent investigation of Nvidia, I see this move as a positive foot forward. This last year, the company suffered enormously for the misbehavior of a few high level individuals.

Why shouldn't Nvidia seek to clean things up? It clearly indicates to employees, investors, and the American people, we've learned our lesson, no more nonsense, no more Enron-like debacles, we mean to do business the new American way, by ending some of the shady practices that have endured for so long in corporate America. Personally, I salute the decision. Other companies would do better to learn from this companies past mistakes and adopt similar practices. Sincerely, Desmatic. ®

Top three mobile application threats

More from The Register

next story
Och aye! It's the Loch Ness Monster – but only Apple fanbois can see it
Fondleslab-friendly beastie's wake spotted... OR WAS IT?
Japanese boffin EYES up big bucks with strap-on digi-glasses
AgencyGlass saddles user with creepy OLED display
Sleuths find nosy NORKS drones on the Chinternet
UAVs likely to have been made in the Middle Kingdom
Spanish village called 'Kill the Jews' mulls rebranding exercise
Not exactly attractive to the Israeli tourist demographic
Dorian Nakamoto gets $23,000 payout over Bitcoin invention saga
Maintains he didn't create cryptocurrency, but will join community
Pirate Bay's 10 millionth upload: Colour us shocked, a SMUT FLICK
P2P badboys show online piracy is alive and humping
Teen girl arrested with 70-year-old man's four inch weapon inside her
Charged with introducing .22 snubbie to penile facility. It wasn't firing blanks
Oz bank in comedy Heartbleed blog FAIL
Bank: 'We are now safely patched.' Customers: 'You were using OpenSSL?'
Forget the beach 'n' boardwalk, check out the Santa Cruz STEVE JOBS FOUNTAIN
Reg reader snaps shot of touching tribute to Apple icon
prev story

Whitepapers

Mobile application security study
Download this report to see the alarming realities regarding the sheer number of applications vulnerable to attack, as well as the most common and easily addressable vulnerability errors.
3 Big data security analytics techniques
Applying these Big Data security analytics techniques can help you make your business safer by detecting attacks early, before significant damage is done.
The benefits of software based PBX
Why you should break free from your proprietary PBX and how to leverage your existing server hardware.
Securing web applications made simple and scalable
In this whitepaper learn how automated security testing can provide a simple and scalable way to protect your web applications.
Combat fraud and increase customer satisfaction
Based on their experience using HP ArcSight Enterprise Security Manager for IT security operations, Finansbank moved to HP ArcSight ESM for fraud management.