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x-complexity • today at 3:55 AM • 3 replies • view on HN

> Seriously why would you take part in this?

Because no one else can fill the shoes. The best that the next CEO can do is either:

a) make improvements on what exists, and thus effectively stagnate in a moving hardware industry, or

b) cut staff (which Nvidia has only done twice in its history: 1996 (near-bankruptcy), and around 2008 (360 / 6.5%), right in the middle of ironing out the Tesla architecture).

The moment their CFO took over, they already announced layoffs.

https://www.reddit.com/r/BayAreaTalk/comments/1xu5wzy/nvidia...

The CFO is almost never one that makes unique product decisions.


Replies

jltsiren • today at 4:23 AM

> Because no one else can fill the shoes.

Alexander the Great was an extraordinary warlord and a mediocre king. He died unexpectedly, and his empire collapsed immediately.

Securing succession is a huge part of leadership in any organization that is supposed to outlast its leader. Because unexpected things can happen at any time, a leader must keep the organization in a shape, where a plausible successor can take over and continue leading it successfully. If no such successors exist, the leader has not done their job properly.

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ram1500natrluvr • today at 4:20 AM

The top reply in that thread is someone saying that there are no layoffs. Who to believe?

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