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No one said that? Maybe don't equate managing with babysitting | r/technology | comment | r/technology | 2024-12-06 |
Even more likely, he's just being lazy and really should be having one on ones. Either that or they should be direct reports to somebody else if they're all truly redundant. | r/technology | comment | r/technology | 2024-12-06 |
Really interesting subtexing if Andy Grove, who elevated the concept of one-on-ones in _High Impact Management_. | r/technology | comment | r/technology | 2024-12-06 |
The steam engine is going to cause mass unemployment! Wait, what year is it now? | r/technology | comment | r/technology | 2024-13-06 |
Nothing more Reddit than writing off other people’s success as dumb luck so they can feel better about themselves
Did Nvidia get lucky to have an opportunity like this? Sure. Did they do a fantastic job of capitalizing on their opportunity and seizing it? Absolutely
That’s the part that so many Redditors miss. As the saying goes, luck is when hard work meets opportunity. The harder you work and the more competent you are, the luckier you tend to get | r/technology | comment | r/technology | 2024-13-06 |
If you are a direct report of the CEO, I think your compensation should be great, and if you leave, you know what you are leaving for - a C-Suite position elsewhere, a startup, or something else significant. Group meetings are more than adequate at that level. | r/technology | comment | r/technology | 2024-13-06 |
>managing 55 is likely not efficient
NVIDIA seems to be doing okay.
> cutting 8 managers is not going to make a dent.
Saves several million dollars per year. | r/technology | comment | r/technology | 2024-13-06 |
Interestingly enough I haven't one single time see anyone even imply that it's impossible for them to do things wrong.
> Having 55 direct reports inefficient. There literally are not enough hours in a day to meaningfully direct the work of that many people.
You can call it a fundamental attribution error if you like, but the fact remains that the company is successful and hasn't made any catastrophic or even serious mistakes, even before AI inflated their value.
I'm assuming none of us here are nVidia employees, so none of us really knows how exactly the management works, but given the lack of any catastrophic or even serious issues since their fight with Apple ~10ish years ago, assuming that it does work is probably fine. | r/technology | comment | r/technology | 2024-13-06 |
You need someone to better identify and fix internal controls? | r/technology | comment | r/technology | 2024-13-06 |
We diagnose what is going on with the business, create strategy, decompose it to specific projects, choose which to prioritize, set the expectations for impact, construct the experiments to measure everything, execute them, then report the impact. In the middle we coordinate directly with the c level through to the floor from the other departments, depending on project, for the other departments we're affecting or coordinating with.
So no, not really. They stamp the roadmaps but they have never argued with them, partially because we understand the business and where they are headed so their concerns are always already addressed in the roadmap. That is my job. If the CEO routinely had substantive disagreements about what we're doing then I would be bad at my job. My roadmap should be far better thought out than anything they could come up with, because I am an expert focusing on one aspect of the business and they are not an expert in that domain nor are they focused on it. They need to focus on other things, like the business's relationship with the outside world, coordinating with capital markets, breaking ties, broader strategy.
Our org also manages all of the analysis, forecasting and reporting for the whole business though, so diagnosis and rigorous self accountability is more natural than for many other orgs. We hold our team to a higher standard than the CEO would be able to, and ship things he wouldn't know were possible, without him having to really deeply understand why more dollars are materializing, which is why he employs us. If he set expectations they would be much lower than what we currently do, because he wouldn't know what was possible and would thus have to be much more conservative than us.
He's doing basically the same thing for the board and shareholders for what it's worth. That's what an executive's job is. | r/technology | comment | r/technology | 2024-13-06 |
I wish we'd follow that advice overall - look at most of software engineering's "best practices" - practically zero research to back any of them but they work well for the largest companies so they have to be great for everyone.
But I get it - you try and mimic the successful and hope that you can achieve a little of that success. The nuance is what people get wrong - Nvidia likely has very competent upper management, so constantly over-seeing everything they do likely only wastes their time and that of the CEO. | r/technology | comment | r/technology | 2024-13-06 |
Yup, he's just the dude that pays the smart people. | r/technology | comment | r/technology | 2024-13-06 |
I feel like it is typical in the tech area. It's locked up for a while before it vests, and when you look at the growth over time, it seems best to just let it keep doing what its doing. Pretty much every tech company has handily out-performed the S&P, and that's with most of the gains of the S&P being the result of tech over-performance. | r/technology | comment | r/technology | 2024-13-06 |
That's why we have email, telephones, and the ability to pull someone aside to discuss a personal matter. From the article I did not get the sense he would never speak to someone one on one, just that as a rule they don't schedule one on one meetings.
>But when an employee genuinely needs a moment of his time, Huang insists he’ll “drop everything for them.” | r/technology | comment | r/technology | 2024-13-06 |
>Most people born rich just wind up doing blow off a hooker like Hunter Biden and Eric Trump.
Why do you assume being a CEO and these activities are mutually exclusive? Theyre not......
> Being the #1 company in the world is pretty fucking hard
You should do some research on Jack Welch and GE. Being the #1 company in the world just means making short-sighted decisions to maximize value at a given point in time. It says nothing about ones ability to create and maintain a sustainable business. | r/technology | comment | r/technology | 2024-13-06 |
Tesla invented AC. He had opportunity. Died poor.
Edison was a ruthless businessman who executed-- even if he did 'steal' ideas/claim more credit than deserved, he executed. Did not die poor. | r/technology | comment | r/technology | 2024-13-06 |
As long as a new LLM anime waifu gets created there may be no end to it. | r/technology | comment | r/technology | 2024-13-06 |
In many orgs I've been in and around, reviews don't happen at the SVP level and above. At that point the formalities of a written review are redundant | r/technology | comment | r/technology | 2024-13-06 |
So he’s an asshole. | r/technology | comment | r/technology | 2024-13-06 |
You know nothing stick to astrology | r/technology | comment | r/technology | 2024-13-06 |
Right.
Ultra competent people
If you’re Huang, you structure the right incentives for them and let them work.
If they weren’t reporting to you, they’d probably be CEO of a different, albeit smaller, company. | r/technology | comment | r/technology | 2024-13-06 |
Let them sit on the sidelines. In 4 more years when it's 500 post split it will drop to 300 and they will all say "See! Told you! Glad I didn't invest and make money or I'd have lost a small amount of my gains like you idiots!" | r/technology | comment | r/technology | 2024-13-06 |
Could be principal-agent issues, unless their incentives are properly structured | r/technology | comment | r/technology | 2024-13-06 |
Why did it take 2 decades for GPUs to take over CPUs. (Explain like I am a dumb sales guy) | r/technology | comment | r/technology | 2024-13-06 |
One-on-one meetings, for the most part, are a waste of time. | r/technology | comment | r/technology | 2024-13-06 |
Micro manage? That's not even macro management at that point. Does he even know all their names? Like if you asked him to list them all, would he get them all right? | r/technology | comment | r/technology | 2024-13-06 |
most people say AI is taking jobs but rising interest rates has a much bigger effect | r/technology | comment | r/technology | 2024-13-06 |
55 direct reports is crazy! I always think I have a lot with 13 direct reports lol | r/technology | comment | r/technology | 2024-13-06 |
If you are having 1o1 meetings with 55 reports,,, that’s all you will do.
How about annual reviews. Geez I have less than ten reports and (if you care about your reports) it takes a considerable amount of time to deliver a meaningful review. | r/technology | comment | r/technology | 2024-13-06 |
So, no relaxing time with a coworker you like? Harsh. | r/technology | comment | r/technology | 2024-13-06 |
When the CEO takes sick calls, the company probably has less than 55 employees. | r/technology | comment | r/technology | 2024-13-06 |
That’s so bizarre for me to think of, and I worked in tech. I just didn’t see a lot of people with the same org for that long, but then again I was also on the sales side of things where there’s usually quicker turnover. | r/technology | comment | r/technology | 2024-13-06 |
> Otherwise, when it comes to business, he doesn’t see a need to keep people in the dark while he does his rounds in small meetings. Everyone is given the same information at the same time, so people are empowered by what they can do, not what they know.
I'm no gazillion dollar CEO, but I'm thinking of doing something similar with my reports. Why keep people in the dark when it's not necessary? The more people know, the better decisions they can make.
I'll still do one on ones and such though. | r/technology | comment | r/technology | 2024-13-06 |
This guy actually built the company himself and probably knows, and wants to continue knowing, every detail of every product | r/technology | comment | r/technology | 2024-13-06 |
Yes, they manage overall company direction and external relationships. Which is very valuable when your multitrillion dollar business is dependent on special rocks from an island in a future warzone | r/technology | comment | r/technology | 2024-13-06 |
Elon is another example of a leader who can’t possibly be replaced. If you’re not aware of his engineering skill and expertise, combined with the ability to commercialise it’s clearly due to your own deliberate ignorance of his abilities. | r/technology | comment | r/technology | 2024-13-06 |
You’re a dream employee and he is a good boss | r/technology | comment | r/technology | 2024-13-06 |
> Tim Apple
My favorite CEO. | r/technology | comment | r/technology | 2024-13-06 |
“Reasonable job” (worlds largest company) | r/technology | comment | r/technology | 2024-13-06 |
Hey look at all the management experts telling the ceo-cofounder of a company he’s been running since he was 30 years old that he doesn’t know how he should run his company.
He isn’t saying this is what anyone else should do, he simply stated it is what he does and why he does it. One, his arguments seem reasonable, two the results seem to work across a long enough time (31 years), given his work environment and culture that he himself contributed to building. Given that, I think it’s safe to say that it works for him at the very least.
If you think you’d be more competent at running his company, maybe start your own and let’s reconvene in 30 years. | r/technology | comment | r/technology | 2024-13-06 |
> Good 1:1s go both ways. I use that time to bring up things like issues in the department, issues with our processes, and issues with clients/specific projects.
There's another article somewhere that he mentions anyone in the company can email him their concerns/issues/ideas/etc and he reads every single one in the morning. He also mentions that anyone can bring up things in front of everyone. | r/technology | comment | r/technology | 2024-13-06 |
just about every hairbrained scheme the tech industry at large comes up with these days needs specialized chips and nvidia is more than willing to furnish them. first it was bitcoin mining chips, now its AI accelerator.
of course they're doing well, they're the ones selling the picks and shovels instead of trying to make blockchains or AI models profitable | r/technology | comment | r/technology | 2024-13-06 |
The AI bubble probably won't pop, but will probably deflate. Unlike a lot of fad tech, AI is actually useful, and there's a lot more to the industry than the LLMs and image models which dominate the news.
Bandwagon companies which only exist to suck up VC money will die, so in that sense, sure, it'll pop, but companies actually making useful products will keep rising.
Nvidia is going to go one of two ways: their competitors will figure shit out to actually *be* competitive and stock prices will even out, or they're going to dominate *too* hard and get slapped with antitrust suits out of a very real fear from world governments over having only one company have that much power. | r/technology | comment | r/technology | 2024-13-06 |
If the market wasn’t topless, how would he find boobs to sign? | r/technology | comment | r/technology | 2024-13-06 |
There is definitely an AI hype cycle now and a lot of these companies will go by the wayside but nividia won't. AI will need to scale and compute will need to with that demand.
A lot of companies are putting "AI" on everything now to pump stock prices but the fact remains we will all be using it and the chips are needed. | r/technology | comment | r/technology | 2024-13-06 |
I wonder if this is really about efficiency, or if this bit of trivia is being given to reporters now in response to other news....
Like Musk crossing & at minimum blurring lines. | r/technology | comment | r/technology | 2024-13-06 |
Basically you're a giant spotlight. You bring attention.
It can be good, like a spotlight in a storm from rescuers. Bringing resources and help.
Or bad, like a spotlight in a prison from guards. Bringing accountability and justice.
Depends on perspective you welcome or fear it. But either way the CEO exists to bring attention to parts of the business needing change. | r/technology | comment | r/technology | 2024-13-06 |
The issue with this framing is that Jensen making a mistake with the company isn't going to make him homeless. He doesn't need to be worth a hundred billion dollars to be incentivized to make his company perform well. I'd wager if he was worth 100 million and the rest was divided to the employees he'd be just fine and still have more money than he could know what to do with. Put all that extra value into a pension fund. A hundred billion dollar pension fund would make a lot of employees very happy. Even with your framing $100,000,000,000 is still just too much. | r/technology | comment | r/technology | 2024-13-06 |
Sign of the uptops | r/technology | comment | r/technology | 2024-13-06 |
I heard they are already having issues getting some long term employees even into work anymore/involved. Why would you if you've become a millionaire so quickly | r/technology | comment | r/technology | 2024-13-06 |
Came here to say this. | r/technology | comment | r/technology | 2024-13-06 |
Yeah, and most people don’t realize that CEOs are often not selected because they are good at everything. They are often just really good at areas which are important to the business and they try to apply that knowledge and experience to other problems. | r/technology | comment | r/technology | 2024-13-06 |
It's not gonna pop like ppl think it will. AI is bolstered by so much academic research - it's prolly the most heavily funded research area by far. It will only get better... | r/technology | comment | r/technology | 2024-13-06 |
I think you all are missing the point. This is in order to mitigate lawsuits of any form. 2 witness rule. | r/technology | comment | r/technology | 2024-13-06 |
Engineering skill 😂 the cybertruck is a pile of trash. Dangerous trash. | r/technology | comment | r/technology | 2024-13-06 |
Exactly, times will change and we adapt or get left behind. Saying no to new tools never ends well, you just end up looking like a luddite. | r/technology | comment | r/technology | 2024-13-06 |
The man doesn’t use an office and kind of goes where he needed. He tried to talk to me while I was taking a piss. He really doesn’t stop working | r/technology | comment | r/technology | 2024-13-06 |
yeah this sounds more like growing pains. having 55 directs isn't "efficient". it's more like "not managing". surely nvidia does not have 55 completely orthogonal departments. promote 10 SVPs and merge the orgs in a reasonable way. | r/technology | comment | r/technology | 2024-13-06 |
I totally get it. I read somewhere or maybe my manager told me that the ideal number of direct reports a manager must have is not more than 8. This number will help you manage things like having one-on-ones, discussions of career aspirations, feedback etc. | r/technology | comment | r/technology | 2024-13-06 |
Robotics I bet | r/technology | comment | r/technology | 2024-13-06 |
My work will replace 10-20% of our company with the integrations and automation put in place using AWS features. This is happening across entire industries. Some like fast food may be high at 80-100%. Many jobs are gonna go the way of telephone operators with AI and robotic advancements over the next 20 years.
However this same work will create more jobs to maintain the software and infrastructure put into place. We will see an overall reduction from it, but it will also create more specialized work to maintain. | r/technology | comment | r/technology | 2024-13-06 |
an experienced nvidia engineer would more likely have a net worth in the single digit millions at best. maybe double digits if they had been there a really long time and never sold any RSUs (dumb, but good in hindsight if the stock is $NVDA).
that would be more than enough for most people to retire on, but it's not "private jet" rich. once people get a taste, they often find it hard to stop. it's kinda sad in a way. the type of person that has the drive to make that much money in the first place is also the type that doesn't understand the meaning of "enough". | r/technology | comment | r/technology | 2024-13-06 |
The more you buy the more you buy! | r/technology | comment | r/technology | 2024-13-06 |
You don’t really need 1:1s when your direct reports are all AI. | r/technology | comment | r/technology | 2024-13-06 |
A old coworker of mine was an early employee at Google and later joined a small company called Facebook. During a drinking conversation, he let it slip it that his net worth was "closer to 200m than 100m". This was back in in early 2010s.
He is STILL hopping from startup to startup. He just really enjoys that lifestyle. | r/technology | comment | r/technology | 2024-13-06 |
You don’t understand. Literally nobody else is working on competing GPUs. Everyone is just happily sitting around letting Nvidia take all the money.
This will definitely go on forever. Nvidia will eventually be all the companies. | r/technology | comment | r/technology | 2024-13-06 |
people do it, but it's not smart. having most of your portfolio tied up in the same company you draw a paycheck from is a highly correlated risk. if the stock crashes, there's a good chance you lose the job too. suddenly you have a hard time paying the mortgage on that million dollar home. it's a foolish risk for someone who earns enough to have a good shot at a decent retirement the "normal" way. | r/technology | comment | r/technology | 2024-13-06 |
I feel that 55 direct reports as a CEO is bad management. Really, 55 direct reports for anything but managing something like production or warehouse workers is overkill.
But seriously, good on him and everyone else listed on curbing bullshit meetings.
My SMB CIO is booked 80% of the work week, and its does NOTHING useful.... he has 2 or 3 direct reports. | r/technology | comment | r/technology | 2024-13-06 |
Not to mention gaming. Which is literally what got them where they are today. Before they turned their back on us. | r/technology | comment | r/technology | 2024-13-06 |
They're selling chips en masse and likely taking orders above capacity, how would that lead to overpriced? | r/technology | comment | r/technology | 2024-13-06 |
If you think the limit of AI and ML is chatgpt and DALL-E then you have no idea what you're talking about. If you sincerely believe every CSP on the planet is smoking weed and competing to buy up every AI chip for the next 5 years so they can be the best at generating fake art, then I suspect nothing can convince you otherwise because you have the intelligence of a fetid pile of human excrement.
Short NVDA so we can all make money off of you. | r/technology | comment | r/technology | 2024-13-06 |
I’ve been going up and down between 5 and 15. At first I would have all the one on ones. Now I outsource it and make sure to have strong dotted lines between the more senior people and then reinforce the tighter connections. But always open door if anyone needs to talk. | r/technology | comment | r/technology | 2024-13-06 |
Consider this is a CEO of a large company, not some middle manager. His direct reports should be pretty self sufficient. | r/technology | comment | r/technology | 2024-13-06 |
I run all the tech companies but I've never spoken to anyone. I'm really, really hands off.
Sincerely, God.
PS: Diamond hands | r/technology | comment | r/technology | 2024-13-06 |
That nickname has become so ingrained that I've temporarily forgotten his real surname now. | r/technology | comment | r/technology | 2024-13-06 |
Amazon? | r/technology | comment | r/technology | 2024-13-06 |
At his level you don't manage your employees - they manage you | r/technology | comment | r/technology | 2024-13-06 |
100% already has. I’m aware of a very senior new hire who we worked with directly in a consulting capacity at FAANG, and I mean very seriously that they did literally nothing. Just shot smoke during important meetings as if they had a handle on things, meanwhile we did everything behind the scenes. Fabricated their title, responsibilities on LI, and now in a senior role at NVIDIA. I feel bad for that person’s new team. | r/technology | comment | r/technology | 2024-13-06 |
Level 5 Leader | r/technology | comment | r/technology | 2024-13-06 |
Yeah, as a "what not to do" | r/technology | comment | r/technology | 2024-13-06 |
I have nearly 20 reports and I try to have a 1:1 with them every 2 weeks. Sometimes it's 5 minutes, sometimes it's an hour. It all depends on what they need. | r/technology | comment | r/technology | 2024-13-06 |
If you really think CEOs “really don’t do shit” you’re spending far too much time on Reddit and playing video games all day long. I recommend spending more time outside and understanding the real world. | r/technology | comment | r/technology | 2024-13-06 |
r/yourjokebutworse | r/technology | comment | r/technology | 2024-13-06 |
Idk if it is because I'm sleepy, but that last line speaks to me. I've been trying to figure out why people everywhere complain about management and a large part of it has to be bureaucracy. | r/technology | comment | r/technology | 2024-13-06 |
You need somebody calling the shots. it doesn’t have to be at the company level, he can certainly be at a department level. | r/technology | comment | r/technology | 2024-13-06 |
I think it's Jim. | r/technology | comment | r/technology | 2024-13-06 |
>“They never hear me say something to them, that is only for them to know,” he said. “There’s not one piece of information that I somehow secretly tell the staff; I don’t tell the rest of the company.”
Douche or not it appears that someone can still just do that, sit down in a journalistic interview and tell lies. | r/technology | comment | r/technology | 2024-13-06 |
Wank it for your overlords, you'll get there one day. | r/technology | comment | r/technology | 2024-13-06 |
For sure.. it saps the urgency from any initiative. Also it drains the joy/individuality of truly owning something and replaces it with feeling like a pawn | r/technology | comment | r/technology | 2024-13-06 |
And also those who were selling guns.
They knew people may want to settle differences in more animalistic way | r/technology | comment | r/technology | 2024-13-06 |
I second this then everything he says will be wrong when stock tanks | r/technology | comment | r/technology | 2024-13-06 |
You should run for Congress | r/technology | comment | r/technology | 2024-13-06 |
Cheers. Thanks. | r/technology | comment | r/technology | 2024-13-06 |
It's a funny headline as it reads as if he refuses to have meetings alone with anyone.
But it's about not doing stupid individual stand up meetings. | r/technology | comment | r/technology | 2024-13-06 |
I mean, 55 reports is crazy. Even just a yearly meeting is already more than one per week.
Regular one on ones? Yeah, not a chance. | r/technology | comment | r/technology | 2024-13-06 |
I never said I can't comprehend it, I just said it's sad. You can all downvote me for that, IDGAF. People that only have their job, are just that, sad. Have at it, again, IDGAF. | r/technology | comment | r/technology | 2024-13-06 |
It's easier to attract top talent when you are Nvidia. | r/technology | comment | r/technology | 2024-13-06 |
I've got to imagine that very few of his direct reports need career counseling or regular touch points to feel empowered.
Each of them would probably be near CEO worthy in their own right most likely.
Just a different dynamic than what most managers will ever experience. | r/technology | comment | r/technology | 2024-13-06 |
Sorry, but there is never a time, no matter how high up the ladder, that coaching and feedback aren’t important. I am coached by the CEO, and he is coached by me and the rest of the exec team.
Now it’s possible that nvidia doesn’t need 1:1 interactions of this nature due to how they work. Or they’re just really arrogant. | r/technology | comment | r/technology | 2024-13-06 |
> I don't have any idea how else your comments could be read.
Given how much explanation has been put forward to you already clearing up precisely this, I frankly believe you just cant come to grips with a worldview so different from yours where people are able to think past any single action and take it in its full context, not just the one that adheres to this excessive hero worship people currently have for rich business people as a general culture.
>When a company invests in a direction like that and later reaps rewards from it, that's not them getting "lucky," it's the natural results of a smart business decision.
You are just repeating yourself and talking past me at this point. It's very obvious we are seeing the same information, you're choosing to interpret it one way and are just utterly bewildered and befuddled at the idea that anyone else could see the same information and not come to the same conclusions as you.
Its frustrating, and now we're here, where certainly you wont have anything more to say and will still patently refuse to understand the points being made by anyone who doesn't align eye to eye with you.
>Nvidia isn't psychic, but they saw where the wind was blowing, and it paid off for them.
This wasnt in a vacuum, and they certainly had points at which this fell into their laps and was revealed to them at great times. You have a strong bias towards just world theory, and I don't. That's the key difference. Its why we aren't arguing about facts, its just you pretending you cant possibly understand someone who doesn't go for that. Like you believe people just get what they deserve because it is the way that it is, and We're willing to have more nuance than that. | r/technology | comment | r/technology | 2024-13-06 |
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