Nvidia CEO Jensen Huang on comp: "If you take care of people, everything else takes care of itself."
Ask about All-In Podcast
Episode Description
Thanks to our partners for making this happen:
NYSE: http://nyse.com
VISA: https://usa.visa.com
Full segment: https://youtu.be/9WkGNe27r_Q
Follow the besties: https://x.com/chamath https://x.com/Jason https://x.com/DavidSacks https://x.com/friedberg
Follow on X: https://x.com/theallinpod
Follow on Instagram: https://www.instagram.com/theallinpod
Follow on TikTok: https://www.tiktok.com/@theallinpod
Follow on LinkedIn: https://www.linkedin.com/company/allinpod
Intro Music Credit: https://rb.gy/tppkzl https://x.com/yung_spielburg
Intro Video Credit: https://x.com/TheZachEffect
Brief Summary
A guest reveals a unique method for rewarding employees with stock options based on performance reviews using machine learning.
Key points
- Secret Pool of Options. A surprising revelation about a hidden pool of options for employees.
- Compensation Review Process. An insight into how compensation is reviewed and adjusted for employees.
Transcript
Somebody who was inside your organization told me with the options that uh you have a secret pool of options and that you will randomly just if somebody does a great job drop a bunch of RSUs on top of them and that you have this little bag of options you carry around and that you leave them out. That's nuts. Is that true? Yeah, I'm carrying in my pocket right now. So listen, so this is what happens. I review everybody's compensation up to this day. Yeah. At the end of every cycle, I go through the whole company. I've got my methods of doing that and I use machine learning. I do all kinds of technology
and I sort through all 42,000 employees and 100% of the time I increase the company's spend on opex. And the reason for that is because you take care of people.
