Oh, Jensen
Yes, your index fund is probably suffering for this
I've never written much about my time at NVIDIA in part because I just wasn't writing a lot here. But also because it was ultimately just a job: there were engaging bits, there were boring bits, there were indifferent bits, but it was never the most important—or even the most interesting—thing in my life.
Anyway, for those keeping score, I worked at NVIDIA from April 1, 2013 to December 31, 2025—just shy of 13 years. I was recruited in late 2012 by happenstance—I inadvertently settled a dispute between a friend from yoga and her girlfriend (now wife) Chloe who worked there. Because I had (again, inadvertently) come down on her side, Chloe looked me up, saw that the list of skills I claimed was a good match for the team she was on and reached out. She was very honest with me about the team's dysfunction, which made me pretty skeptical that I'd even take the job—but I interviewed well, and when they made me an offer it was for enough money that I could not in good conscience refuse.
Still, I tend to come down on side of "corporations are legal entities that are specifically designed to remove legal liability, which creates incentives for them to behave immorally", plus at 8000 employees or so, it would be the biggest organization I had ever worked for1, so I figured I wouldn't stay there much longer than the two years it would take before I wouldn't have to pay back my signing bonus. I just couldn't imagine it being a good environment for me, given my general obstreperousness—I'm often not patient, not good in hierarchies, not good at being told what to do, etc.
Well, I stayed a decade more than that. They even went and made me a Team Lead for a while, before I asked to be excused. The money didn't hurt, obviously—the golden handcuffs they put around my wrists were exquisitely well-padded. But at some level, I was impressed by how the organization treated people—you can be well-paid but poorly treated, and this was not that. I recognize that I was somewhat lucky in that I ended up with an exceptional Manager, but even the mediocre ones didn't seem malign, just not very effective—it just wasn't that sort of organization. In fact, in the last couple of years there, I remember seeing an email from an EVP that was merely harshly worded—probably no more than, "this is unacceptable" type stuff—and it being sufficiently shocking that it was privately commented on by multiple people.
Like many Silicon Valley companies, NVIDIA doesn't have set vacation amounts; well, let me tell you, there were multiple years where, in aggregate I took a month, or even a little more, off work. No one ever said a thing. When we went to Finland in 2019 for Anne's Fulbright, I let them know early that she was applying and pointed out that there was an office in Helsinki—no one batted an eye. When they realized relatively late in the game that if I worked there more than 90 days, they would actually have to transfer me to the Helsinki office and that it would be a whole thing, the solution proposed by management was, "Yeah, so just don't work more than 90 days, take the rest of the time off".
All of which is to say that even as I was headed out the door, I would happily have recommended NVIDIA as a good place to work to anyone who would listen. I mean, this is a tech company that has never had a layoff—they had a stretch that was bad enough that they did actually have to cut salaries, but they didn't let anyone go, versus the 5-figure layoffs that everyone else in the industry does as a matter of course. Hell, they still hadn't had a return-to-office mandate post-Covid!
Well, with the recent reports of Jensen Huang's apparently falling for a honey trap, I fear that those days are probably going to end, and—despite the fact that I'm also an LLM skeptic, and pretty certain there's a bubble that's going to burst before too much longer—that makes me a little sad.
You see, my thesis has long been that Jensen, as a founder who wasn't an privileged asshole to begin with (as opposed to the more recent crop of Silicon Valley CEOs), identified with the company to an extent that for the company to treat people poorly would reflect poorly on him—he wasn't an MBA who was hired to boost the company's stock price, he was an engineer who co-founded a company and was able to turn that into a category-dominating powerhouse.
One way or another, I suspect that's over. It may be that Jensen is forced out over this, in which case someone is going to come in who isn't likely going to identify with the company in the same way—after all, it's not going to be something they built, it's going to be something they will have been brought in to "fix". Or maybe Jensen holds on, but is perpetually embattled because of this, and gradually no longer feels as connected to the company as he did—because at some level he's never going to be able to look people in the face again without them thinking, "Here's the guy who fucked around and found out". I will take a guess that the quarterly company meetings—the day after the earnings call—where Jensen held court may become a thing of the past.
Either way, I can't help but think that the environment is going to change, and that leaves me worried for the friends I have who are still there.
Footnotes
This is technically not true: almost everywhere I had worked before this was probably larger in total head-count, but in terms of the breadth of who I would be interacting with, NVIDIA was much larger---in all my former jobs, I was always in smaller sub-organizations that mostly kept to themselves.
↩
Sunset over Boston