The commentary is missing the context of the sunken cost problem.
This CEO, like many others, already paid his dues. He's missed many bdays, wrecked his health, and lost relationships. And now he gets to enjoy the benefits of the hard work, with the company is firing in all cylinders.
Walking away now would mean all the sacrifice was for nothing.
Many of us have made similar sacrifices without being CEOs. A few lucky ones have even saved enough to be able to escape that lifestyle.
> And now he gets to enjoy the benefits of the hard work, with the company is firing in all cylinders.
What are those benefits?
He is already wealthy beyond imagination. He could stop any time and enjoy a life of luxuries that we can hardly imagine.
Beyond wealth, he has a legacy. In the industry he will be remembered as a highly influential figure and pioneer.
> Walking away now would mean all the sacrifice was for nothing.
How so? What were his goals when he started? Has he not achieved everything that he wanted and more?
Here's what I think happens to people like these who don't quit when they are already wealthy: they like what they have and they fear losing it.
They like feeling in power, respected by their peers and subordinates, they like feeling important, accomplished, even admired.
And, I suspect, they fear quitting because they realize that once they quit, they are just another bored rich dude with a estranged spouse and children. A has-been with too much free time who will forever try to talk about his past accomplishments to people who don't care.
Unless they reinvent themselves like Gates, but many seem to get stuck in the founder/entrepreneur mindset and start yet another company, never having learned their lesson.
If you watch the video he actually answered that question. Infinite ambitions. They started a journey, a mission, a goal and it is still not reached.
Not everyone is Steve Jobs, or maybe this guy. Most people probably aren't, and just get lucky/have dedicated staff that can work around bad choices from leadership.
They are at best managers, not entrepreneur or founders.
>Not everyone is Steve Jobs, or maybe this guy.
His name is Jensen Huang, mostly know as Jensen. I know HN isn't exactly a place for hardware. To the point it is worst than most hardware forums. But not even mentioning or knowing Nvidia's CEO's name is just on another level.
He's got a family friends, and one of the world's largest and most succesful companies.