Nvidia is amazing……aboit half of their employees are worth $25 million

[volare737]

Nvidia once again reported blow earnings yesterday. Their stock (along with many other chip companies) is absolutely unbelievable.

They have 42,000 employees, and about half are now worth $25 million or more!!!

Amazing.

[AppyPappy]

If I has $25M, I would not be working

[brownsfan]

Just another DSA target.

[volare737]

No question about, 21,000 employees worth that much or more!

[Vermont Lt]

Those shares are probably locked up.

Restricted shares cannot be sold right away. I know I used to have a five year vesting schedule. Once I hit the fifth year, I was able to sell the shares from Year 1. Year six, I could sell some from Year 1 AND year 2.

If I had stayed until Year 10…that would have been lucrative.

[butlerweave]

When the AI bubble pops will it also take their money ?

[Skwor]

Yes, if shares collapse, that is a risk with locked shares.

[AppyPappy]

If you can’t have it, you aren’t worth that much.

[tumblindice]

Each has $595? That’s impressive, yeah.

[volare737]

Nvidia has been around for 33 years. Most ‘locked up shares’ occur during an IPO.

I checked ChatGPT, and Nvidia has a very low percentage of locked up shares.

[brownsfan]

“No question about, 21,000 employees worth that much or more!”

Given where Nvidia is located, I wonder how many of those 21,000 employees support Dems/DSA/commies?

[volare737]

Nvidia has a very low percentage of locked up shares,,,,,less than 1%. They are all millionaires right now.

[volare737]

Nvidia has NO locked up shares for an IPO.

[volare737]

Probably most…..lol.

[ComputerGuy]

I’ve had nVidia stock since 1999. It’s the only stock I ever picked myself without a broker’s recommendation.

[volare737]

Nice,,,,👍

[rktman]

Well that’s not fair. Wait until ‘dsa’ finds out.

[PIF]

SpaceX’s new Starbase in Louisiana will employ 10,000 and starting pay is $93,000 ... if it does get built. That is not counting other perks and employee shares.

[volare737]

DSA,,,”Deadbeat Scammers of America”?

[Bshaw]

“If I has $25M, I would not be working”

I’m sure much of that wealth exists in stock options that the employees may not be able to exercise until a future date.

Your comment might also not apply to those employees in their late 20’s or 30’s, who want to ensure their financial well being for a very long time horizon.