Nvidia sends a painful message on how to value a CEO
More clarity about why founders matter – and how much – should help everyone
THE first human to make US$1 trillion was Elon Musk. The first person to incinerate US$1 trillion may prove to be Jensen Huang.
His exit from Nvidia, which has already eroded US$600 billion of market capitalisation since last Friday Nov 6, should be a nudge to rethink a pervasive problem in tech: the “charismatic founder” bubble.
The true cost of Huang’s resignation, amid a probe into his romantic relationship with a suspected Chinese spy, won’t be clear for a while.
