Hacker News: Eric_Gullichsen

New comment by Eric_Gullichsen in "Owed a billion dollars in Nvidia stock"

Eric_Gullichsen — Mon, 28 Sep 2026 06:11:16 +0000

Ethically? Difficult question. I may not be a decent person as you posit, but I do like to think of myself as reasonable. I certainly never expected NVIDIA to say "aw shucks" and write me a billion dollar check. At the last lawyer meeting we proposed to settle for a far smaller number, which both sides agreed was reasonable. A number not picked out of a hat, but based on rather complex nuances such as the likelihood I would have sold etc.etc. derived from much legal thought. And they still made the call to say nope. I think it is perfectly clear from the options contract what the vesting term was. And certainly I erred in not realizing this earlier, before the statute of limitations tolled. Though in 1996 the stock was priced at 5 cents, so not something I paid enough attention to, not having the foresight or perhaps the necessary faith in Jensen's perseverance, intelligence, and luck. Hindsight is cheap.

New comment by Eric_Gullichsen in "Owed a billion dollars in Nvidia stock"

Eric_Gullichsen — Mon, 28 Sep 2026 04:38:52 +0000

Beyond tech demos, yes, lots of customers of the WorldToolKit product. From NASA to artist Jenny Holzer. Sense8 was acquired in 1998 by Engineering Animation.

New comment by Eric_Gullichsen in "Owed a billion dollars in Nvidia stock"

Eric_Gullichsen — Mon, 28 Sep 2026 04:36:17 +0000

Indeed. The boat was - and as far as I know still remains - one of those very special magical places on the planet. Built in 1879, and still sturdy and loved, evidence perhaps of Taleb's principle of antifragility. Some tales are in my as-yet unpublished autobiography. Kinda chilly in the winter though.

New comment by Eric_Gullichsen in "Owed a billion dollars in Nvidia stock"

Eric_Gullichsen — Mon, 28 Sep 2026 04:31:25 +0000

I seem to recall that large company was Citibank, and that they were surprisingly open to the strange new tech of VR. Though perhaps there were other large NY firms with small UX groups I demoed to...

New comment by Eric_Gullichsen in "Owed a billion dollars in Nvidia stock"

Eric_Gullichsen — Mon, 28 Sep 2026 04:07:12 +0000

https://www.tonic.to

New comment by Eric_Gullichsen in "Owed a billion dollars in Nvidia stock"

Eric_Gullichsen — Mon, 28 Sep 2026 04:04:06 +0000

(1) Not a certainty that it would be dismissed. Just a high enough likelihood that after hundreds of hours or work with my lawyers (who were excellent) and many rounds of letters and meetings with NVIDIA counsel - all very professional - it wasn't worth our time to pursue further. I have other things to do with my brief adventure on this planet. (2) Feel? At this point just sort of amused by it all. (3) Read the contracts. Carefully. In 1996 NVIDIA was 3 years before IPO and nearly bankrupt, and I was busy. Too busy to read the contracts.

New comment by Eric_Gullichsen in "Owed a billion dollars in Nvidia stock"

Eric_Gullichsen — Mon, 28 Sep 2026 03:50:47 +0000

Frame rates were low because of limited rendering speed and tracker lag. I did a lot of VR demos starting in 1989 at Autodesk. Not much motion sickness, perhaps 2% of users. The first HMD we used at Sense8 was by Virtual Research (Bruce Bassett) with LEEP optics. And I just found out that John Ternus worked for Bruce. Small planet.

New comment by Eric_Gullichsen in "Owed a billion dollars in Nvidia stock"

Eric_Gullichsen — Mon, 28 Sep 2026 03:43:55 +0000

Yeah. The issue being that at the time both the CFO and their external counsel Cooley told me in writing that 15,625 shares had vested. Those representations were incorrect. And I (quite reasonably) replied on them rather than checking the original documents. Which I did only 30+ years later. In legal terms, the CFO Gani’s 1996 letter is a negligent misrepresentation, a species of fraud under Cal. Civ. Code § 1709-1710.

New comment by Eric_Gullichsen in "Owed a billion dollars in Nvidia stock"

Eric_Gullichsen — Mon, 28 Sep 2026 03:39:21 +0000

Long story, but HM George V and I were good friends and business partners in some ventures. Most significant of which was the commercialization of the .TO ccTLD, in 1997, the first to compete with .COM. Do a search on my name and Tonga for details.

New comment by Eric_Gullichsen in "Owed a billion dollars in Nvidia stock"

Eric_Gullichsen — Mon, 28 Sep 2026 03:37:18 +0000

Yes. I do a lot of embedded systems things and recently some agentic auto-improvement with local LLMs on a strix halo. "Older Engineers".

New comment by Eric_Gullichsen in "Owed a billion dollars in Nvidia stock"

Eric_Gullichsen — Mon, 28 Sep 2026 03:35:42 +0000

Yes, the S.S. Vallejo. Formerly owned by Jean Varda and Alan Watts. I lived there from 1990 until 2023.

New comment by Eric_Gullichsen in "Owed a billion dollars in Nvidia stock"

Eric_Gullichsen — Mon, 28 Sep 2026 03:31:45 +0000

Author here. Thanks for all the comments, I've been hesitant to post this to the court of public opinion, yet curiosity about what the HN community would think caused me to push the button. My lawyers - who were really excellent - represented me (on contingency!) because it seemed the chance of a judge not accepting a motion to dismiss (for a variety of reasons I don't want to detail here) was non-zero. And the process of discovery would be very costly for NVIDIA with depositions from many executives who have better things to do.

New comment by Eric_Gullichsen in "Owed a billion dollars in Nvidia stock"

Eric_Gullichsen — Mon, 28 Sep 2026 02:07:02 +0000

Author here. I wanted to share this piece of personal and technical history from the early days of 3D graphics. The article covers the meeting on my houseboat with Jensen, Curtis, and Chris in 1993, working on biquadratic texture mapping for the NV1, and how Microsoft’s sudden pivot to triangles in DirectX nearly broke the company before their pivot to the RIVA 128. It also digs into the paperwork anomaly I recently uncovered regarding my Technical Advisory Board options and the vesting schedule. Happy to answer any technical questions about the early 90s VR/graphics scene or the NV1 era!

Owed a billion dollars in Nvidia stock

Eric_Gullichsen — Mon, 28 Sep 2026 02:05:13 +0000

Article URL: https://colo.to/nvidia-stock-narrative.html

Comments URL: https://news.ycombinator.com/item?id=49872723

Points: 1052

# Comments: 447