Tech investor, dog lover, internal auditor, over 15 years of experience in lending and risk functions of regional banking.
Joined October 2020
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I was early in and right about Nvidia / AI.
I was early in and (hopefully) will be right about IonQ / quantum computing.
I’ve been accumulating $NVDA since 2017 and I was still buying leading up to the latest earnings.
I’ve been accumulating this golden goose during most of 2022 when everyone 💩 on it.
Paytience pays.
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$NVDA
Here’s what was buried in the WSJ article for anyone who only skimmed the headlines:
“Nvidia already began last year to limit China ties. It has required many of its cloud partners outside China to keep their Chinese customers below a certain level, which has shifted between 30% and 49%, though the rule wasn’t written into any contracts, people familiar with the matter said. Nvidia also urged some cloud partners to weed out Chinese nationals from top management and push out Chinese investors, the people said.”
The WSJ effectively acknowledged that Nvidia was taking steps to limit Chinese access beyond what was legally required. This is consistent w/ what I’ve been saying. Considering the Biden administration was already strict on Nvidia’s chip sales to China, Nvidia was being more cautious to remain compliant - even making sure to confirm w/ the Commerce Department last year on whether Megaspeed was on the blacklist.
Putting the headline aside, here is what the article actually lays out:
* NVIDIA makes something everyone wants. US government places restrictions on its export. NVIDIA follows those laws.
* A market spans for access to the forbidden fruit, including by illegal means. (What did they expect to happen??)
* NVIDIA pushes the argument US wins if the world's AI is built on American tech, creating jobs at home for example. The position gains support of Trump and parts of his administration, frustrating others in Washington
* WSJ offers no facts suggesting, however, that NVIDIA acted illegally or supported illegal activity; it does make those accusations by innuendo
* WSJ actually softens its only factual claim of wrongdoing, which was Jensen's romantic relations with a spy (which they admit was unbeknownst to him). However they now call her an "intelligent asset" instead of spy. Notice the difference?
* Buried in the article, WSJ admits that NVIDIA was taking actions to limit Chinese access, even going beyond what was legally required:
"Nvidia already began last year to limit China ties. It has required many of its cloud partners outside China to keep their Chinese customers below a certain level, which has shifted between 30% and 49%, though the rule wasn’t written into any contracts, people familiar with the matter said. Nvidia also urged some cloud partners to weed out Chinese nationals from top management and push out Chinese investors, the people said."
wsj.com/tech/jensen-huang-ba…
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Sensei retweeted
Putting the headline aside, here is what the article actually lays out:
* NVIDIA makes something everyone wants. US government places restrictions on its export. NVIDIA follows those laws.
* A market spans for access to the forbidden fruit, including by illegal means. (What did they expect to happen??)
* NVIDIA pushes the argument US wins if the world's AI is built on American tech, creating jobs at home for example. The position gains support of Trump and parts of his administration, frustrating others in Washington
* WSJ offers no facts suggesting, however, that NVIDIA acted illegally or supported illegal activity; it does make those accusations by innuendo
* WSJ actually softens its only factual claim of wrongdoing, which was Jensen's romantic relations with a spy (which they admit was unbeknownst to him). However they now call her an "intelligent asset" instead of spy. Notice the difference?
* Buried in the article, WSJ admits that NVIDIA was taking actions to limit Chinese access, even going beyond what was legally required:
"Nvidia already began last year to limit China ties. It has required many of its cloud partners outside China to keep their Chinese customers below a certain level, which has shifted between 30% and 49%, though the rule wasn’t written into any contracts, people familiar with the matter said. Nvidia also urged some cloud partners to weed out Chinese nationals from top management and push out Chinese investors, the people said."
wsj.com/tech/jensen-huang-ba…
Sensei retweeted
Jensen Huang discusses comeback as Nvidia CEO with allies ft.trib.al/RTq1w3z
Sensei retweeted
The articles backtracked from their original incendiary, and now clearly false, claims to something more like "Jensen did lawful things that powerful people didn't like". It still appears the original claims came from a single competing Big Tech lobbyist.
The reporting successfully disrupted corporate governance processes, with a running cost of $1.8 trillion in losses to American pension funds and shareholders.
Here's what I fear is being lost in these articles: The proper interface between government and private citizens and their corporations is rule of law. Laws are passed, and if wrongdoing as alleged, then there's due process: an investigation followed by facts and evidence presented in open court. Due process should happen here: let the facts come out whole, and not as a trickle of dubious claims.
Press takedowns full of sketchily sourced claims and backtracking narratives are not the way. It's what we see outside of the free world, and is no model for The United States of America.
In particular, if the Jensen takedown succeeds on the basis of these journalistic failings, which is not by any means certain as Sam Altman's case shows, then it foreshadows an economically and institutionally ruinous new playbook to be adopted with no end in sight.
Imagine a weekly stream of takedowns emerging from opportunistic alignments between corporate lobbyists and political interests which, given the new partisan split between the executive and legislative branches, will attack in all directions, undermining not only the US economy but American leadership in the world.
I hope cooler heads prevail this coming week as they did not on Thursday November 12. And I urge anyone who happened to oppose Jensen, open models, and the underlying trade policies in question, to recognize that this isn't a win for "team regulation". It's a change in the game from a transparent rules-based one to a sinister new form centered around politicans and lobbyists.
Sensei retweeted
Now that it is becoming increasingly clear that Alice Huang was never a Chinese spy, the media and journalists are backtracking on their earlier spy allegations and shifting their focus to attacking Jensen’s character while alleging Nvidia was negligent in allowing China to obtain its chips.
In reality, the diversion of Nvidia chips to China stemmed from legal loopholes in existing U.S. export control policies and a lax approach by the Commerce Department, not from non-compliance by Nvidia. Nvidia even inquired last year to confirm whether Megaspeed was on the blacklist, yet Howard Lutnick still permitted the business relationship to continue.
If Alice Huang is in fact not a spy (but merely a useful idiot utilized by Alibaba) and Jensen maintains that Nvidia has committed no legal wrongdoing and has consistently operated within U.S. export control rules, there is no justification for removing him from the company entirely. He should at least be retained as an advisor while being temporarily stripped of his executive authority as CEO as punishment for his personal affairs.
Sensei retweeted
推特上许多讨论黄仁勋的，都集中在商业判断、Dennys创业纪念碑的去留、情愿和私生活八卦上
但我发现最打动人的，还是在老黄落难之际，许多之前受过他滴水之恩的人出来主动post testimonial
一件件具体而分布散落的事件指向一个真相 —— 老黄确实是乐善好施乐于助人之人
而且我也相信，为人抱薪者，不可使其冻毙于风雪
图1 - 11 年前，一个印度普通大学的学生 @recurseparadox 给黄仁勋发cold email，问能不能要几块 GPU。15 分钟后，收到了回信。
图2 - Serve Robotics 的创始人 Ali Kashani @ahkashani ，记得的是一个早上 6 点的电话。2023 年圣诞节前，投资人临时撤资，公司连工资都快发不出来。他已经在和破产律师谈了，于是给黄仁勋写了封邮件。
早上 6 点，黄仁勋打来电话。当天晚上，他已经在和英伟达团队吃饭，商量怎么帮公司渡过难关。四个月后，他们敲响了纳斯达克的钟。
图3 - 同样是回邮件，Simon Mo @simon_mo_ 讲过另一件事：团队的算力被收回，vLLM 在 Blackwell 上的开发受阻。他写信给黄仁勋，同一分钟就收到回复，问题连夜解决。
图4 - 英伟达员工 John Zedlewski @zstats 的长帖，讲了两件不同领域但同样伟大的事。
一件是他重病住院，处在最低谷时告诉了黄仁勋。黄仁勋立刻联系斯坦福的人，帮他协调进入临床试验。
另一件发生在工作中。自动驾驶部门开会，A 团队抱怨 B 团队的框架太慢。黄仁勋让 B 团队把整个数据流画到白板上，标出每一次内存拷贝。多余的拷贝就这样露了出来。
第二件我特别有感触，不同于大部分公司里面，遇到类似的问题，往往因为领导层自己也不懂技术，所以只能模糊的给一个，“我们研究一下，下周答复你”的模糊回答（然后不了了之）。
实事求是，原地分析，当场解决问题。太有魅力了
图5 - Vartika Singh @vartuattheghat 的妹妹患脑癌，在加州时病情恶化。全家陷入了难以想象的困境：令人心碎的医疗抉择、高得令人难以承受的住院费用，以及可能在远离家乡的地方失去她。
尽管肩上担子沉重，黄仁勋还是抽出时间关心他们。帮助她的家人渡过了看似无解的难关。黄仁勋还当面鼓励她：“我为你感到骄傲。珍惜你们在一起的时光。”
这，我的朋友，才是真正的领导力 leadership。
图6 - 在英伟达工作 11 年的 Gabriele Leone @ambertanuki ，记住了疫情期间的一个决定：办公室空了，厨房和清洁人员几乎没活可做，黄仁勋仍决定把他们全部留下。
当所有500强企业都在裁员，跟风裁员是最容易的选项的时候。黄仁勋考虑的不是公司的股票业绩和财务报表。他看到的是公司里最容易被忽略的人，也替他们想了一下。
图7 - 大约 30 年前，一个学生志愿者 @Fuzzygoat 在洛杉矶 SIGGRAPH 的酒店电梯里遇到黄仁勋。两人下楼，发现去会场的班车已经走了。
黄仁勋叫了辆出租车，坚持让这个学生一起坐。
没有投资，没有 GPU，也没有什么大事。这个学生却一直记到了现在。
为人抱薪者，不可使其冻毙于风雪
为人抱薪者，不可使其冻毙于风雪
为人抱薪者，不可使其冻毙于风雪
伟大，无需多言
现在市面上充斥着太多虚假的PR，一个个公司花尽心思掏钱把创始人打扮的善良博爱
真正的博爱，不是花钱买公关。而是年复一年，日复一日的践行自己做人的准则。
写一篇不是为了批判谁，而是自己在刷推的时候强烈的感受到四个字：见贤思齐
Sensei retweeted
My hot take from the cheap seats on Jensen Huang. The memes are fun but the actual story has a long runway to play out.
1. Currently, there is no indication at all Jensen broke the law. None. Zero. (Yes, that could change. But if there was evidence it would have emerged in the leak.) The memo was written and distributed internally last spring.
2. There is no evidence that Alice Huang is a CCP spy. Maybe she is. Maybe she isn't. Importantly, why wasn't Jensen briefed by US Intel on the potential honeypot?
3. The NYT illegally received a leaked intelligence memo from the White House. The innuendo was Alice was a spy and Jensen was compromised.
4. The leak needs to be investigated. The leaker prosecuted.
5. I don't give a shit about people having affairs. As far as we know Jensen didn't hang out with Jeffrey Epstein like Bill Gates. So the haters can pound sand.
6. Democrats on the intelligence committee admitted publicly there is no evidence currently that Alice is a CCP spy. Fact check me. It's true.
7. The timing of this leak is dubious at best.
8. The motive of the leaker is political and tied to the Blue Wave. They either have an axe to grind with China, or they are an anti-AI pro-stone-age Decel.
9. Decel Democrats and useful idiot Republicans will use this to push totalitarian controls on chips. Ultimately this is what I think motivated the leak after the Blue Wave. This should scare everyone, regardless of political affiliation. (Unless of course you want central committee congressional committees who can flip a switch with thought control and censorship.)
And most importantly. . .
10. If Jensen was slandered and he did not commit any crimes, he must be reinstated as CEO of INVIDIA. Full stop.
Sensei retweeted
בסוף, מעניין לי תאובמה אם הסינית הייתה מרגלת, שטוחה, או מנותחת שכשהיא שוכבת על הגב, השתלים שלה עדיין פנו השמיימה.
מעניין אותי איזה בן אדם הוא ג׳נסן הואנג.
במשך 738 ימי השבי של אבינתן אור, אנבידיה המשיכה לשלם לו משכורת ולהעניק לו מניות.
הואנג שמר על קשר עם משפחתו, תמך בה אישית, ואחרי השחרור שלח מכתב לעובדיו ברחבי העולם, בו שיבח את אמו, דיצה אור, על האומץ והעוצמה שלה.
ואז, בין ניהול אימפריה של טריליונים, הזרמה של ספק מרגלת ספק מגלגלת רולים, להשתלטות על עתיד האנושות - הואנג מצא זמן לפגוש את אבינתן ואת נועה ארגמני אחרי שחרורם מהתופת.
כל זאת, בשיאה של מלחמה נגד האוייב הפלסטינא.צי,
ובזמן שמנכ״לי חברות ענק בעולם, הזדקקו לישיבת בעלי מניות, ארבעה עורכי דין ואישור מהאו״ם כדי לשהות בחדר עם ישראלי, הואנג פשוט היה בצד הנכון היסטורית.
יכול להיות שמתחת החגורה הוא מחזיק ב 6 סמ של אי דחיית סיפוקים, אבל עמוד השדרה שלו ארוך יותר משל כל חברי הדירקטוריון שהתכנסו לדון על פיטוריו.
מנכל בחסד עליון ומוביל בינה מלאכותית שלא איבד את הבינה האנושית שלו.
כל השאר מעניין תעכוז.
Sensei retweeted
Both the Biden and Trump administrations allowed the export of less powerful GPUs to China while reserving the most advanced chips for America. This has been a clear national security success.
Per Grok and Claude, the US-to-China AI FLOPs ratio has grown from 2.8x in 2023 to 8.8x in 2026 and is modeled to reach 14.1x in 2027. Our advantage in compute has grown dramatically and American AI labs have stayed well ahead of Chinese labs the entire time.
Chinese labs prefer these less powerful American GPUs to domestic accelerators from Huawei and others. That preference has slowed China’s hardware industry: AI chips improve through intensive use by leading labs, and the ready availability of American alternatives has limited that feedback loop for Chinese AI hardware.
Chinese labs can also access capacity in Southeast Asian clouds run by American hyperscalers. Those zones can be shut off instantly in a conflict, giving the US signficant leverage. This dependence is advantageous in every way.
A complete ban on GPU exports and Southeast Asian cloud access might be deeply damaging to long-term American national security. It would force Chinese labs onto the Huawei AI hardware ecosystem. China is not power-constrained, and Huawei is developing extremely power-hungry, large optical scale-up domains that may approach American state-of-the-art systems through brute force rather than architectural elegance and efficiency. And China has a lot of power.
Having Chinese labs optimize models for this different architecture is risky as nothing prevents China from sharing this hardware and associated models with Russia, North Korea, or Iran. We would lose any ability to cut off their AI in a conflict.
Policies now under discussion in Washington carry serious, uncertain risks. Reasonable minds can disagree, but treating this as a simple black-and-white issue does America a disservice.
If China closes the installed FLOPs gap as its domestic hardware matures rapidly as a result of increased Chinese lab usage after stricter export controls, we will know this new policy was a mistake.
If Russia, Iran, or North Korea later field comparable Chinese AI hardware systems that are used to run AI targeting models against Ukrainian or American troops, we will know stricter controls were a *terrible* mistake.
The current reality is one where China is consistently behind America thanks to the export of less powerful GPUs and we have immense leverage over China in any future conflict. We know that the current policy is working. We have no idea what the consequences of stricter controls might be.
This is why China is currently restricting imports of roughly 600,000 H200s sitting in Hong Kong warehouses. China Hawks should consider why Beijing agrees with them and why China *restricts* the sales American GPUs inside China.
The current policy has worked spectacularly. The alternative is extremely risky with unknown consequences.
Sensei retweeted
黄仁勋被英伟达董事会逼下台后，硅谷和华尔街开始反扑了。
华尔街基金打响第一枪
先看资本这边的动作。两家重仓英伟达的知名科技基金 Altimeter 和 Atreides，手里一共管着超过 250 亿美元的资产。他们率先联名发表公开信，要求英伟达董事会恢复黄仁勋的 CEO 职务。
这两家基金在英伟达占的股份比例其实很低，加起来还不到 0.1%，但他们在华尔街和硅谷的号召力极强。2022 年扎克伯格死磕元宇宙，一年烧掉上百亿美金，导致 Meta 股价暴跌。当时就是 Altimeter 发了一封公开信，逼着扎克伯格大裁员，砍掉元宇宙开支，全面转向 AI。
当然，真正能一锤定音的，还是华尔街对英伟达持股最多的三家大股东：先锋领航（Vanguard）、贝莱德（BlackRock）和富达（Fidelity），这三家加起来握着英伟达大约 20% 的股份。这种金融巨鳄平时很少像硅谷投资基金那样公开发信骂街，但现在激进、有号召力的小弟已经打响了第一枪，这三大巨头后续会不会表态支持黄仁勋回来，非常值得关注。
马斯克带头，硅谷大佬集体站队
硅谷的一批创业大佬也开始集体站队。马斯克，还有 Uber、Shopify、Replit 和 Vercel 这些公司的创始人，全都公开发帖支持黄仁勋复职。硅谷知名投资人 Naval 直接说，黄仁勋就是英伟达的乔布斯，无人可以替代。
马斯克昨天一天之内更是连续表态了 5 次。早上他还只是回一句 Hmm 围观，中午回 Indeed 表示认同，到了下午就直接宣布自己也要签复职请愿书，晚上又转发大股东公开信、赞同黄仁勋是乔布斯的说法。短短一天，他已经从最初的认同，变成带头向董事会施压的领头大哥了。
内部员工九成力挺黄老板回家
英伟达内部也一样。有老员工在公司内网发帖抗议，一下子涌进来 1600 多条评论，都在喊话让董事会把老大请回来。在硅谷匿名社区的英伟达员工投票里，接近 90% 的人力挺黄仁勋，支持董事会赶他走的只有 1%。员工跟着他干了这么多年，全靠英伟达的股票发家致富，大家心里只认这一个老板。
这件事才刚刚开始。接下来，英伟达董事会里那些反对黄仁勋的人，面对来自员工、股东、合作伙伴和客户的压力只会越来越大，直到他们妥协让步。
美国两党政治斗争产物，华尔街最后拍板
这两天 X 中文社区盛传一种种族歧视论，说黄仁勋是因为华人身份才被搞下去的，这其实是背后有外宣任务在推动带节奏的舆论。黄仁勋这件事，真正的原因根本不是什么种族问题，而是美国两党政治斗争的结果。
在这之前，黄仁勋一直在积极游说华盛顿，想让美国政府放宽对中国出口芯片的限制。他当时敢这么高调，底气主要来自两边：一边是更看重做生意赚钱、讲究实用的川普，对这事基本是睁一只眼闭一只眼；另一边则是华盛顿内部那些支持放松对华芯片限制的力量，比如商务部长霍华德。财长贝森特就公开抱怨过川普跟黄仁勋走得太近。
但中期选举之后，华盛顿的风向彻底变了。随着民主党重新掌控参众两院，那些在对华芯片禁运上态度强硬的鹰派开始占据话语权，而且民主党里本来就有很多人直接喊话要搞大科技公司。而在一众科技和华尔街大佬里，一直冲在最一线游说对华卖芯片的黄仁勋，理所当然就成了他们最先开刀的对象。
所以说白了，黄仁勋这次下台，根本上就是美国两党政治斗争的产物。但最终结果如何，还是要取决于华尔街最后怎么站队拍板。不管美国两党如何斗得你死我活，最终还是资本说了算。
🤖 Made with AI
Sensei retweeted
连顶尖医学科学家都看不下去了！他给英伟达董事会的一封信，扯下了资本的遮羞布！
先给大家介绍一下这位发声的硬核人物：Derya Unutmaz，医学博士（MD）。他是全球知名的免疫学家、生物医学工程师，也是杰克逊基因组医学实验室的教授。看看他的主页就知道这人有多硬核——他自称“生物黑客”，拥有34万多粉丝，且“全力押注AI、合成智能和机器人技术”，连头像都是《星际迷航》的制服。作为站在人类生命科学最前沿的顶尖专家，他平时极少掺和硅谷的商业八卦，但这一次，他亲自签署了请愿书，并给董事会写了一封长信。
“Stand with Jensen”的请愿彻底破圈了。这次站出来的，是全球知名免疫学家Derya Unutmaz博士。
他这封联名信的分量，比任何华尔街大佬的发言都重。只有这种真正站在生命科学和前沿技术交叉点的极客，才最懂黄仁勋的价值。在顶尖科学家眼里，老黄根本不是什么单纯的“芯片商人”，而是“人工智能革命的缔造者之一”。
这才是老黄真正无可替代的地方。Derya博士在信中说，正是老黄的算力和远见，帮助全人类加速了科学发现、治愈疾病、变革教育。能把看似不可能的想法变成现实，这种领导者在人类历史上极为罕见。
资本往往只盯着眼前的财报和风险，但科学家看的是人类命运的长河。从硅谷工程师到顶尖医学专家，全世界都在恳求董事会让老黄回归。面对这种压倒性支持，董事会如果还要继续装睡，那就是在与全人类的未来作对。
Sensei retweeted
Hard disagree
The argument: Jensen was the guy fighting to sell chips to China & now with him gone, the hawks tighten the screws and OAI and Anthropic pull away.
But we’ve been running this experiment for three years. here’s what it got us:
→ Huawei now says its AI chips outsell Nvidia’s in China
→ Cambricon (another Chinese chip co) 2x’d revenue in the first half and posted its first ever annual profit
→ Cut off from the best chips, Chinese labs got efficient and gave their models away. Commerce’s own AI lab says adoption of Chinese models has surged since DeepSeek
Jensen has a commercial interest, but the core argument was legit: you want the world’s developers building on the American stack
The chips that leaked looks more like an enforcement failure. Treasury is now publicly blaming Commerce for never blacklisting Megaspeed. So far restrictions have mainly accelerated China’s domestic stack and open-model lead. Thats not obviously good for America.
Jensen Huang’s Fall Is Bad for Nvidia but Good for America, by me in @nytopinion: nytimes.com/2026/11/13/opini…
Sensei retweeted
Jensen drove supply chain brilliantly at Nvidia, but many of those deals were a handshake with Jensen, not a written contract.
Without Jensen, at least some of those critical deals will be lost.
Dylan Patel says Jensen personally talked tiny suppliers into letting Nvidia buy up their supply, and with him gone Google is already begging them for capacity
"Jensen had complete foresight and understood the demand required and went to all of these executives, even of tiny companies where they only generate a few hundred million dollars of revenue but they have an important subcomponent."
"He convinced them to let him buy the supply and build it all out..."
"And now with Jensen gone, these companies are looking around the market and it's like, well, Google's begging for more capacity from the whole supply chain."
"And without Jensen, can they maintain technology advantages given they're only a year ahead of their biggest competitors? It's not like the gap is massive."
Sensei retweeted
马斯克年轻时，两次被人从自己创办的公司里，撤掉了CEO的职位。
第一次是Zip2，投资人嫌他太嫩，找了个外人来当CEO，把他降成了没什么话语权的CTO。
第二次是PayPal，他砸进去大半身家，几个高管却趁他度蜜月，联手把他拉下了台。
三年内被撤两回，老马总算长心了。后来他买推特，人家请他进董事会他不去，非要整个买下来，交割当天9个董事全没了，就剩他一个😂
1995年，24岁的马斯克和弟弟开了Zip2，兄弟俩当时穷得叮当响。
所以第二年风投带着300万美元找上门，按他们的老规矩，要派个有经验的人来当CEO，马斯克也乐意，他本来就不想当CEO，正好退下来专心做产品。
可没过多久他就发现，当CTO根本说了不算，公司往哪走，全由新CEO和董事会决定。
1998年他想把CEO的位子要回来，董事会不但没答应，反倒削了他的权。
所以第二家公司X. com，他自己当CEO，还砸进去1200万美元，后来跟蒂尔他们的PayPal合并，他还是CEO，还是最大的股东。
可几位联合创始人跟他一直不对付，觉得公司早晚要被他带垮。
2000年9月，马斯克飞去澳大利亚补度蜜月，这几个人就趁他不在发动政变，拉着董事会撤掉了他的CEO职位。
马斯克郁闷到通宵玩游戏，他怎么也想不通，钱几乎都是他出的，凭什么说撤就撤。
三年里被撤了两回，他算是看明白了，光当CEO不够，钱出得最多也不够，董事会的票得攥在自己手里。
2022年初，马斯克悄悄买进推特9%的股票，成了最大股东，推特随即请他进董事会，条件是持股不得超过14.9%。
马斯克拒绝了，干脆出价440亿美元，把整个公司买了下来。
特斯拉早已上市，没法整个买下，马斯克为了买推特还卖掉不少股票，投票权被摊薄。
他公开向股东表态，没有25%左右的投票权，AI和机器人就不放在特斯拉做。
2025年，股东投票通过了他的万亿美元薪酬方案，如今他在特斯拉的投票权已回到将近20%。
SpaceX则是马斯克最大的产业，xAI和推特如今也都并在其中，在这里他拥有绝对的控制权。
2026年6月，SpaceX上市，这是史上最大的IPO，首日市值就超过2万亿美元。
上市时它采用双重股权，公众的股票一股一票，马斯克的一股十票，所以他只持有42%的股份，却握着82%的投票权。
凡是需要股东投票的事，包括董事会的每一个席位，都由马斯克决定，CEO，CTO和董事长也都是他本人。
在这里，再也没有人能撤掉马斯克了。
Sensei retweeted
I have a particularly nasty case of cancer. When I was hospitalized again at my lowest point last year, I told Jensen. He immediately reached out to contacts at Stanford, who were able to cut through red tape, and get me into a clinical trial for which I've turned out to be a perfect fit. I think everyone can have their own views about recent events. But any claims that Jensen did not really care about his staff is simply inaccurate. I, personally, owe him more than I can express.
I think the best tribute we can pay to Jensen's legacy is to drive NVIDIA's continued success and push the whole industry forward, by showing we've learned the lessons from years of working here. We will compare ourselves against Speed of Light. The mission will be the boss. And we will not be scared to take smart, bold risks and fail fast with ruthless intellectual honesty.
But if there is one management story I remember the most, it's a particular Jensen grilling from my time in autonomous vehicles that stayed with me. Luckily I was not in the hot seat for this one. Team A didn't want to use Team B's framework, because they thought it was too slow. Jensen was surprised - it's just applying a bunch of optimized CUDA kernels in sequence, how could it be slow?
So he asked the executive from team B to draw the entire data flow sequence from their framework on the whiteboard and highlight every memcpy. Sure enough, there were a bunch of unnecessary memcpy's surrounding each pipeline stage. Everyone in the room could see why it wasn't getting to SoL and a path to improve things. No arguing about fiefdoms or appeals to authority - the data got us all on the same page.
The lesson was not (just) that unnecessary memory copying is bad. It's that executives should not be afraid to probe into details if something doesn't add up, and leaders need to be technical enough and honest enough to engage in real time and not turn every meeting into "I'll get back to you in a week." If that means counting memcpy's with a billionaire CEO, so be it.
My best executive meetings at NVIDIA have been when I'm fully prepared to present every detail of my team's work, and my worst failures have come when I realized I couldn't go deep enough to really solve the problem.
But the thing that gives me confidence is that Jensen was never the only one to live this philosophy. Anyone who has presented to an SVP at NVIDIA knows they are at risk for getting grilled on fundamental constraints and technical details. I have been part of amazing conversations with both recent and old timer leaders where we were able to get to the core of a problem in an hour rather than a month, because we had the right people in the room and were not afraid to go deeper.
The company is filled with supremely talented people who have been trained for 3 decades to work at the highest level, and you can see it in what we produce every day. I'm so proud to be an NVIDIAn, and I can't wait to show off what we ship in the coming months and years.