News Nvidia employees make fortunes and foul-ups with their stock options — a story of millionaire winners and losers

[Admin]

The wealth that can be gained from helping to propel a successful company is vividly illustrated by some recent tales of 'mid-level' Nvidia employees, with one claimed to have accrued a fortune of $62 million through the company share scheme.

Nvidia employees make fortunes and foul-ups with their stock options — a story of millionaire winners and losers : Read more

 

[PEnns]

"...had to sell up his green gold to pay for losses when his broker “margined his account with another stock that fell 90%"

But his lucky broker made a pretty penny on this.

 

[TJ Hooker]

"...had to sell up his green gold to pay for losses when his broker “margined his account with another stock that fell 90%"

But his lucky broker made a pretty penny on this.

How so?

 

[PEnns]

How so?

What's that word that's so beloved on Wall Street? A yes: Commission. And of course, fees.

 

[FoxtrotMichael-1]

In my experience, “mid level” engineers make less than other mid level employees like managers at companies like Nvidia. So, kind of a weird distinction to make.

 

[slightnitpick]

Something that rubs me wrong about this stock increase in general is that the present value of NVIDIA is not just predicated on the work of past employees of NVIDIA, but the future work of future employees of NVIDIA. And yet, given the stock increase, those future employees cannot hope to be compensated proportionately.

I don't know how to solve this with stock ownership of publicly traded companies. It's just striking me as morally wrong.