Jack and Rick Take on Nvidia's Millionaires, Golden Handcuffs and Stock-Based Compensation

The Blind Ambition with Jack Kelly

Jack Kelly and Rick Chen react to a viral Blind poll that found that 76% of Nvidia professionals claim to be millionaires, and 33% may have a net worth of $20 million or more as a result of Nvidia's incredible stock price appreciation since 2019. Rick reveals how much stock you might have gotten depending on when you joined Nvidia.

Rick explains how stock-based compensation works and why employers have set up stock grants to unlock over long periods of time. We look into how companies purposefully try to create golden handcuffs and lock in their employees. Jack explores what it might be like when many of your coworkers are millionaires and what Nvidia's work culture is like.

https://bit.ly/blind-podcast

https://x.com/FilledWithMoney/status/1807020496677957931

https://www.forbes.com/sites/jackkelly/2024/09/04/nvidia-employees-become-multi-millionaires-but-at-what-price/

https://www.bloomberg.com/news/articles/2024-08-26/what-s-it-like-working-at-nvidia-you-may-get-rich-but-work-remains-stressful