Bay Area tech CEO worth $35 billion says ‘suffering’ wasn't worth it
(www.sfgate.com)
from L4s@lemmy.world to technology@lemmy.world on 27 Oct 2023 04:00
https://lemmy.world/post/7389226
from L4s@lemmy.world to technology@lemmy.world on 27 Oct 2023 04:00
https://lemmy.world/post/7389226
Bay Area tech CEO worth $35 billion says ‘suffering’ wasn’t worth it::Jensen Huang, a Bay Area CEO worth more than $35 billion, said he wouldn’t again go through ‘pain and suffering’ of being a startup founder at Nvidia.
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Title is a bit rough. He’s just saying he lost 30 years of his life to work.
A billion a year is something most people would trade for.
I mean, I’d be done after 1, but hey, that’s just me.
You don’t get a billion in year 1. You have to grow the business over many years until it starts to pump out cash like that.
True but the moment I got a billion I’d be out
I’d be thinking about whether I had enough money to cruise at like the $10m mark. Maybe I’d stick around a bit longer than that, but $1b is entirely too much money.
I’ll play a sad song on the smallest violin. Many people lose their entire lives to shitty jobs, he is out of touch.
Truth. A shitton of people work multiple jobs for 30 years or a lifetime and don’t have $3,000 in the bank.
Hey, same here …checks bank account for $35B … still nope
EVERYONE loses 30 years to “work”. So?? Give me 35 billion I’ll co.pain too I guess.
i mean is it hard to just name Jensen, espeically since hes now in the club of CEO of trillion dollar company house which the list is very very short.
Capitalist problems. I bet he won’t give any money away though
I mean, I agree, I’m not going to be losing any sleep worrying about the unsatisfied billionaires. But what he’s saying is that given the cost (losing 30 years of his life) the ‘reward’ ($35 billion) wasn’t enough. He’s not saying he doesn’t like or want the money, he’s saying its not enough to give up your life for.
If anything, it would explain why rich people keep pursuing money long after any sane person would be content with their millions/billions. Maybe if you just get given a few million you could be satisfied with it, but if you’ve had to sacrifice your life, friends, morality and so on to get it… And you realise it doesn’t actually make you happy, so you keep chasing more, hoping that eventually enough will be enough. Better that than realising you’re an idiot who fell for capitalism’s big lie and gave up the stuff that actually mattered in life to get more numbers on a sheet.
Well said. I always wonder why billionaires keep working. Your post explains it nicely.
I think there’s an addictive cycle element to it too. A point where it isn’t just validating the decisions you’ve made, but a compulsion to see the number get bigger
The cynical side of me would say that he says this to have less competition in the future.
My empathetic side, which is much larger, agrees with you.
But, why not both?
Millions work much more for much less. Such ungratefulness, he could had stopped years ago, not many have that luxury.
Yeah but now he’s worth 35 billion. He could set a million dollars on fire every day for the next 50 years and still have another million to spend that day. Life doesn’t get much more meaningful than that. /s
Just wanna point out that net worth doesn’t equal money in the bank. If he tried to convert his worth (probably NVIDIA stocks) to money it would be very hard and only a percentage of the initial worth (because of shares dumping).
a) there have been liquidation services as long as there have been stocks, yes you have to be patient to get the money but you can get it
b) just borrow against it and you essentially have infinite money
c) you can probably get anything for free at that level anyway
Makes sense to reflect on life and understand one has made mistakes. We shouldn’t judge people based on prejudice, if he says it was painful for him - it was.
But then the typical billionaire narcissism triggers. Please pity me but only me. I don’t see him saying we need to fix the system so no one else suffers the same.
Billionaires aren’t people.
I hear they’re edible, I have some sweet baby Ray’s ready.
Stubb’s bourbon sauce or gtfo
This guy fucks.
Some of them used to be, that much money actually changes your brain chemistry, the ones born rich never had the chance to be real people(that’s not an excuse for them) and the ones that became rich in life lost their humanity. Fuck em, they could become a regular person again at any point by giving 99% of their money away and still live an enviable life with what remains
Exactly. I’m sure there were regrets and sadness about the time he’s lost to family and friends and being young. But it effectively paid off. If he shared his wealth those people and left tomorrow to make up for lost time it will be a very very net positive life.
But he’s in his current role. Reminding us this billionaire use to be human but we don’t care. Because it’s such an unfathomable amount of wealth for most people he* might as well be fictional.
Bay area tech CEO?
Come on, it’s the CEO of nvidia! They make it sound like he’s smalltime
"I am simply a humble billionaire. In comparison to other billionaires, I’m just a small yacht of about 50 rooms in a sea of mega yachts. We are all the same. "
There is one easy way to fix that, maybe 2 ways
Must be real hard to make decisions at Nvidia when you’re almost a monopoly and have the power to tell consumers what they are going to pay for products that get comparatively weaker each generation.
Being so unpleasant to work with one of their partners decided to just drop the bulk of their revenue so they didn’t have to work with them anymore might also make things more difficult.
Sad evga sounds. I still await their partnership with AMD. It would be a shame to let all that knowledge and talent fade away.
I thought it was about the suffering he caused or something, but it’s his “suffering”. It doesn’t sound like he’ll be doing much good with his money. 35 billion, man… that could pay for the education of millions of people.