Mmastodon BusinessStartups first seen 18 h ago, last 16 h ago, peak #2
Early Nvidia advisor claims $1 billion owed from 1993 stock error
Original: Early Nvidia advisor says he's owed $1 billion in stock due to a 1993 vesting error, but Nvidia rejected settlement Form
Eric Gullichsen, a former early advisor to Nvidia, says a 1993 stock option grant was mishandled and that he is owed roughly $1 billion in stock as a result. He says he pursued a settlement with the company, but Nvidia rejected it, setting up a potential legal dispute over one of the tech industry's most valuable equity claims.
Why now: Nvidia's enormous market value has made early equity stakes worth staggering sums, drawing attention to this dispute.
Evidence
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