Well, you have to look at what such a position pays in California, you can't compare with EU and Australia or even the rest of the US.
Is it more or less?
If he was offered 1/2 do think he would stay? No doubtful.
BRN Discussion Ongoing
- Thread starter TechGirl
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Is it more or less?
If he was offered 1/2 do think he would stay? No doubtful.
Getupthere
Regular
The Nissan CEO has offered to cut his salary by half during tough times.
Nissan is actually a revenue making company.
Let’s take a step back and think like investors, not with our emotions.
Are we confident our investment is in the right hands?
LongTermInvestor
Regular
It depends on the industry as well!
AI is a RED HOT sector at the moment. In Sydney, even a mid-level IT project manager (contract roles) can get $1200+ AUD/day (CASH)!
Senior level Program Manager (contract roles) - you won't be surprised to see them taking home $2000 AUD/day! What rate should a CEO charge in the United States????????
CEO is the leader of the management! However, he/she is also a salaryman (or salarywoman). Their primary goals to stay in the company are to make money by selling their professional skills & time! If other companies offer them better remuneration, they can leave! Therefore, it is in the best interests of the company to offer the CEO an attractive salary + shares so that they can stay for a long time to execute their plan!
On the other hand, I have heard Hong Kong SAR China's richest man Li Ka Shing - when he was working as a CEO, he only charge the company $1 annual salary! However - he is an ULTRA HIGH NET WORTH individual. He doesn't need any salary to maintain his lifestyle. Also - he is one of the largest shareholders of the company - he has enough vested interest to stay on without any salary!
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Getupthere
Regular
Companies are willing to pay $2,000 per day because they expect a solid return on investment.
Over Sean’s three years in charge, it’s been difficult to see evidence of that return.
LongTermInvestor
Regular
With all due respect, I disagree with your opinion and statement!
I can see the progress Sean has made in the last 3 years!
In my opinion, it shouldn't be a matter of 'if' but rather a matter of 'time' for some contracts to flow through in 2025!
Otherwise, Sean wouldn't be so confident in the November 2024 interview, right?
Also, you will need to bear in mind that neuromorphic AI on the edge is a rather new technology.
It takes time for companies to adopt to this new technology!
If you do some market research about neuromorphic AI on the edge - you can see this sector will be starting to take off!
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Food4 thought
Regular
For all the people who are giving Sean a hard time at the moment for apparently underperforming and not getting contracts or up signed , I just wonder how you will react when the market for our technology takes off.
Yes I agree BRN have be quiet, but maybe that’s a good thing. He is not giving you spin.
For me personally I hope next year is the year of new beginnings
And I am happy to wait because hopefully the wingers all just leave before we takeoff.
Yes I agree BRN have be quiet, but maybe that’s a good thing. He is not giving you spin.
For me personally I hope next year is the year of new beginnings
And I am happy to wait because hopefully the wingers all just leave before we takeoff.
Very good answers, thanks.
You clearly know the industry better than me.
Getupthere, you, me and everybody else just need to be a bit more patient.
The CEO said in the last interview that 2025 is our year, and I choose to believe him. He knows that he will be in trouble if he is not delivering before the next AGM.
He has put the company in position with exciting new products, talking to some very big players on the market and some small ones as well.
If one of the big companies sign a fat juicy contract, the company could be profitable overnight according to Antonio (last AGM) and he will have his day in the sun, more companies will likely follow suit pretty fast.
Looking forward to the podcast next week and hear what he has to say.
7für7
Top 20
Had the same conversation on the crapper… it’s just disrespectful. Do it better or STFU
rgupta
Regular
Can you see Sean is a big investor in brainchip as well. He has a clear way, keep the salary for life style and family and shares for tax purposes and investment.
Dyor
Insiders still hold circa 15.5% to 16.5% of SOI - that shows confidence.
LDN (Sean's predecessor) is still in the Top 50 holders - that shows confidence.
Sean takes 81% of his salary in shares and options - that shows confidence.
All the BOD take levels of shares and options as part of their pay- that shows confidence.
The above gives me confidence.
LDN (Sean's predecessor) is still in the Top 50 holders - that shows confidence.
Sean takes 81% of his salary in shares and options - that shows confidence.
All the BOD take levels of shares and options as part of their pay- that shows confidence.
The above gives me confidence.
SharesForBrekky
Regular
Came across this, not sure if already discussed, but may be of interest:
im-mining.com
www.nileq.co.uk
"NILEQ will provide a patent pending alternative navigation technology that is underpinned by the use of neuromorphic sensors to derive and match terrain fingerprints."
"Satellite-based navigation is the bedrock of most modern positioning systems, but it can’t always be relied on. Two companies are now joining forces to create a GPS-free navigation system for drones by fusing neuromorphic sensing technology with an inertial navigation system (INS)."
"A pair of navigation technology companies has now teamed up to merge the approaches and get the best of both worlds. NILEQ, a subsidiary of British missile-maker MBDA based in Bristol, UK, makes a low-power visual navigation system that relies on neuromorphic cameras. This will now be integrated with a fiber optic-based INS developed by Advanced Navigation in Sydney, Australia, to create a positioning system that lets low-cost drones navigate reliably without GPS."
"On the other hand, neuromorphic cameras are not currently able to operate using infrared, says Houghton, which would enable nighttime operations. But infrared neuromorphic cameras are currently under development and should be available in the next few years, he says."
"The companies are planning to start flight trials of the combined navigation system later this year, adds Shaw, with the goal of getting the product into customers hands by the middle of 2025."
Advanced Navigation and NILEQ to look beyond GPS with new UAV navigation tie-up - International Mining
Advanced Navigation, an autonomous systems and navigation technologies provider, along with MBDA, have signed a MoU to co-develop a resilient navigation system integrating MBDA’s NILEQ absolute positioning technology. The co-developed solution will provide resilient absolute positioning for a...
im-mining.com
NILEQ - RESILIENT ABSOLUTE POSITIONING
www.nileq.co.uk
"NILEQ will provide a patent pending alternative navigation technology that is underpinned by the use of neuromorphic sensors to derive and match terrain fingerprints."
"Satellite-based navigation is the bedrock of most modern positioning systems, but it can’t always be relied on. Two companies are now joining forces to create a GPS-free navigation system for drones by fusing neuromorphic sensing technology with an inertial navigation system (INS)."
"A pair of navigation technology companies has now teamed up to merge the approaches and get the best of both worlds. NILEQ, a subsidiary of British missile-maker MBDA based in Bristol, UK, makes a low-power visual navigation system that relies on neuromorphic cameras. This will now be integrated with a fiber optic-based INS developed by Advanced Navigation in Sydney, Australia, to create a positioning system that lets low-cost drones navigate reliably without GPS."
"On the other hand, neuromorphic cameras are not currently able to operate using infrared, says Houghton, which would enable nighttime operations. But infrared neuromorphic cameras are currently under development and should be available in the next few years, he says."
"The companies are planning to start flight trials of the combined navigation system later this year, adds Shaw, with the goal of getting the product into customers hands by the middle of 2025."
Getupthere
Regular
They get shares because we don’t have money to pay their high salaries.
Glass half empty approach. Insiders who know the business prospects are taking the glass half empty approach are holding and management accumulating.
Maybe they see it as a path to wealth?
Some analysts regard following the insiders a reasonable strategy when considering an investment.
TheDrooben
Pretty Pretty Pretty Pretty Good
Mercedes-Benz says cars of the future will think like humans - carsales.com.au
Faster neuron-style processing to be capable of lightning-quick processing while using 90 per cent power
"While existing tech wastes time processing everything a camera ‘sees’, the silicon neurons only react to spikes of information and the resulting event-triggered computation is both quicker and more efficient by up to 90 per cent in its current use, compared to existing tech."
Happy as Larry
Bravo
If ARM was an arm, BRN would be its biceps💪!
Could this massive risk derail Nvidia stock?
Nvidia stock has delivered incredible returns to investors, and the company has absolutely dominated the market for AI chips.
www.fool.com.au
EXTRACT
Bravo
If ARM was an arm, BRN would be its biceps💪!
AARONASX
Holding onto what I've got
Is Number #2 Shorter as brainchip charts behind him are going up!?
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