Owed a billion dollars in Nvidia stock
An early advisor to NVIDIA claims he is owed a significant amount of stock based on a 1993 agreement involving technical advisory work. The author details his early contributions to the company's texture mapping technology and the subsequent business challenges NVIDIA faced.
Why it matters
This provides a rare, first-hand historical account of the early days of a now-dominant tech giant and highlights the complexities of early-stage equity agreements.
I was an early advisor to NVIDIA in 1993, and recently discovered I'm owed about a billion dollars in stock.
It is not widely known, but I was invited to join the Technical Advisory Board of NVIDIA in 1993 by Jensen (at that time, sans leather jacket) 1 . In September 1993, I was granted 25,000 options, "in a series of quarterly installments so that all shares shall vest upon the expiration of one year from Grant Date." 2
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