Re:Jensen Huang Said to Have Had Relationship with Nvidia Ex...
by hn_throwaway_99 on Wednesday November 11, 2026 @06:36PM
(#50460561)
There is no way that would have been possible. And as I saw another commenter mention, even if NVidia were founded much more recently when dual share structures became much more common, you rarely (or maybe never, I can't think of any cases) see that dual share structure in very capital intensive industries like hardware where you have to sink a ton of money into the enterprise before you even see any revenue. Software is a whole different ball game.
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Re:Jensen Huang Said to Have Had Relationship with Nvidia Ex...
by mallipeddi on Wednesday November 11, 2026 @07:40PM
(#50461284)
But Elon Musk has supermajority through dual-class shares in SpaceX which is obviously a capital-intensive business even more so than making GPUs.
Re:Jensen Huang Said to Have Had Relationship with Nvidia Ex...
by hn_throwaway_99 on Thursday November 12, 2026 @01:23AM
(#50463719)
You are correct, and I was wrong. I originally thought SpaceX was a bit of a special case because the board (pretty much Musk loyalists) gave Musk a ton of restricted stock right before the IPO, but the voting rights vested immediately. But the part I was wrong about is thinking that was just an IPO thing. All the many billions that SpaceX got pre-IPO was done with investors being fine having Musk alone having majority voting control.