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. ®

3 Big data security analytics techniques

More from The Register

next story
Forget the beach 'n' boardwalk, check out the Santa Cruz STEVE JOBS FOUNTAIN
Reg reader snaps shot of touching tribute to Apple icon
Oz bank in comedy Heartbleed blog FAIL
Bank: 'We are now safely patched.' Customers: 'You were using OpenSSL?'
Happy 40th Playmobil: Reg looks back at small, rude world of our favourite tiny toys
Little men straddle LOHAN, attend tiny G20 Summit... ah, sweet memories...
Lego is the TOOL OF SATAN, thunders Polish priest
New minifigs like Monster Fighters are turning kids to the dark side
Dark SITH LORD 'Darth Vader' joins battle to rule, er, Ukraine
Only I can 'make an empire out of a republic' intones presidential candidate
Chinese company counters pollution by importing fresh air
Citizens line up for bags of that sweet, sweet mountain air
Google asks April Fools: Want a job? Be our 'Pokemon Master'
Mountain View is prankin' like it's 1999...
prev story

Whitepapers

Designing a defence for mobile apps
In this whitepaper learn the various considerations for defending mobile applications; from the mobile application architecture itself to the myriad testing technologies needed to properly assess mobile applications risk.
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.
Five 3D headsets to be won!
We were so impressed by the Durovis Dive headset we’ve asked the company to give some away to Reg readers.
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.