Earlier quoted context omitted.
I think about it the other way. Businesses with high $/revenue per employee, high margin, etc. tend to be fundamentally better managed and more robust. I'm not claiming that applies to Nvidia either way specifically, but it's a good sign in the generic: 1. They're efficient. 2. They've avoided the curse of overhiring (hi, Google!) 3. They can stay afloat even if business drops a lot.
But this article is about market cap not revenue. But even revenue is almost meaningless for the things you mention -- it's profit per employee which would be interesting. And for that, tech companies are nowhere near the top. Check this https://airleasecorp.com/press/air-lease-corporation-announc... they made 753.6M in 2023 with 163 employees or 4.6M per employee. No one comes even close. No one. I believe Fannie Ma…
Nvidia is now worth $102M per employee
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Re: Nvidia is now worth $102M per employee
#32Earlier quoted context omitted.
$20M might be optimal if tuition was $0 and they didn't receive any research grants.
> if tuition was $0 https://sfs.mit.edu/undergraduate-students/the-cost-of-atten... I couldn’t find the number quickly, but tuition is not a big funding source for the university. They are quite generous with tuition grants. This might not be true for the MBA program, but probably is for many/most other programs. > … and they didn't receive any research grants. Yeah. This is where I think one needs to look at exactly…
Re: Nvidia is now worth $102M per employee
#33Earlier quoted context omitted.
$20M might be optimal if tuition was $0 and they didn't receive any research grants.
> if tuition was $0 https://sfs.mit.edu/undergraduate-students/the-cost-of-atten... I couldn’t find the number quickly, but tuition is not a big funding source for the university. They are quite generous with tuition grants. This might not be true for the MBA program, but probably is for many/most other programs. > … and they didn't receive any research grants. Yeah. This is where I think one needs to look at exactly…
Princeton reported a paltry ~$154.5M in net tuition and fees for FY2023, which seems low ($18K/student.) They claimed $20K "net cost after aid" for students on financial aid.
https://finance.princeton.edu/report-treasurer
https://www.princeton.edu/news/2023/03/31/princeton-trustees...
Re: Nvidia is now worth $102M per employee
#34Re: Nvidia is now worth $102M per employee
#35Any nvidia employees here? How much are you worth now? ;-)
Re: Nvidia is now worth $102M per employee
#36TSMC apparently doesn’t charge nearly enough for their services.
Re: Nvidia is now worth $102M per employee
#37Believe it or not, elite universities are reaching similar heights. MIT is at roughly $20M endowment per faculty member. All caveats apply. 20≠100, employees might include staff and grad students, etc. Still, I would never advise anyone to donate to any institution like this.
An endowment is entirely different from a market capitalization. How can you write "employees might include staff" and keep a straight face? Yes, they do, how is this even in question? MIT has 1089 faculty members but 17,180 employees total. That's a 15x difference.
It's almost all bloat and overhead made possible by being over capitalized.
Re: Nvidia is now worth $102M per employee
#38Believe it or not, elite universities are reaching similar heights. MIT is at roughly $20M endowment per faculty member. All caveats apply. 20≠100, employees might include staff and grad students, etc. Still, I would never advise anyone to donate to any institution like this.
> Believe it or not, elite universities are reaching similar heights. MIT is at roughly $20M endowment per faculty member. If you ran MIT, what do you think a good endowment amount per faculty member would be? I’m not sure $20m is far off from optimal. I might go down to $15m, with an annual draw down $750k so (5%) per year to cover burdened labor rate of average professor and certain percentage (half?) to go to “sup…
Being answerable to funding sources, tuition, etc. is a good thing. Having money to soon off from is not.