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Nvidia senior engineer explains why many employees don't talk about their equity

Mar 19, 2025 - businessinsider.com
Justin Fung, a senior engineer at Nvidia, highlights that the company's culture is largely shaped by long-time staffers who are more passionate about their work than the financial benefits, such as equity. Despite Nvidia's recent rise to fame due to the AI boom and its role in cryptocurrency mining, many employees remain from its earlier days when it was primarily known for gaming. This "old guard" contributes to a low turnover rate, resulting in fewer younger employees compared to other tech companies. Fung notes that Nvidia's culture differs from typical startup environments, focusing instead on specific skillsets rather than hiring generalists.

Fung also mentions that Nvidia's median salary has increased significantly, surpassing $220,000 as of 2024, reflecting its growing success. However, he emphasizes that the company's culture has remained consistent under CEO Jensen Huang, avoiding the typical startup atmosphere seen in companies like Airbnb or Snapchat. Instead, Nvidia seeks individuals with niche skills that align perfectly with their roles, which is how Fung secured his position. Despite its popularity, Nvidia has not adopted the generalist hiring approach of tech giants like Google or Facebook.

Key takeaways:

  • Justin Fung, a senior engineer at Nvidia, notes that employees don't focus on the worth of their equity, as they are more passionate about their work.
  • Nvidia's rise to fame is attributed to the crypto boom and the AI revolution, which increased public interest and employee compensation.
  • The company is largely staffed by long-time employees who joined before Nvidia became famous, and it doesn't have a high turnover rate.
  • Nvidia seeks employees with specific skill sets rather than generalists, differing from other tech giants in its hiring approach.
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