alt Hacker NewsAgreed. This is almost certainly a key to Nvidia's success. A lot of tech companies end up shooting themselves by putting too much power into the CEO, so that when the MBA takes over it turns into a corporate pillaging operation. Cut back on staff, ramp up on prices, maximize shareholder value at the cost of sane long term business practices.
> A lot of tech companies end up shooting themselves by putting too much power into the CEO, so that when the MBA takes over it turns into a corporate pillaging operation.
You're describing the opposite scenario. Generally it's the founders who get a special class of shares which allows them to retain control over the company even when they own <5% of the stock. Without that the company becomes controlled by Wall St. who appoint the MBA to loot and pillage.