The writing style here is so belittling, and frankly stupid.
E.g. "billion is so big!", uh, I've heard of a billion before, and then comparing the value of a company to a single person's salary, as if that was very relevant.
Nvidia just paid $20B for a company that missed its revenue target by 75%
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Re: Nvidia just paid $20B for a company that missed its revenue target by 75%
#12It's a shame. Groq was really great. Nvidia is stifling innovation here. I don't understand how market regulators allow this.
Funny how everyone shits on Nvidia's monopoly when we've got Google walking around after winning a monumental antitrust case regarding their Android/Chrome/Google information monopoly. How do the market regulators allow that?
> How do the market regulators allow that?
Same way I reckon. Both are bad.
> Funny how everyone shits on Nvidia's monopoly when we've got Google walking around after winning a monumental antitrust case regarding their Android/Chrome/Google information monopoly.
... are you implying people around here don't give google flak for monopolistic business practices? That doesn't square with my experience, here.
Re: Nvidia just paid $20B for a company that missed its revenue target by 75%
#13Ya well, startups are just low risk R&D facilities in service of big tech now https://centreforaileadership.org/resources/opinion_startups...
Re: Nvidia just paid $20B for a company that missed its revenue target by 75%
#14Ya well, startups are just low risk R&D facilities in service of big tech now https://centreforaileadership.org/resources/opinion_startups...
I don't understand what "low risk" means here. For a start-up, 99% risk of failure is low. What are we comparing that to?
Re: Nvidia just paid $20B for a company that missed its revenue target by 75%
#15Ya well, startups are just low risk R&D facilities in service of big tech now https://centreforaileadership.org/resources/opinion_startups...
I don't understand what "low risk" means here. For a start-up, 99% risk of failure is low. What are we comparing that to?
Well usually they only get acquired when they have something the purchaser wants, revenue was obviously not the get here
Re: Nvidia just paid $20B for a company that missed its revenue target by 75%
#16It's a shame. Groq was really great. Nvidia is stifling innovation here. I don't understand how market regulators allow this.
Funny how everyone shits on Nvidia's monopoly when we've got Google walking around after winning a monumental antitrust case regarding their Android/Chrome/Google information monopoly. How do the market regulators allow that?
My first grade teacher used to claim that two wrongs didn't make a right.
Re: Nvidia just paid $20B for a company that missed its revenue target by 75%
#17Nothing against the author, the content is good. I just wish this wasn't fluffed out with AI.
Re: Nvidia just paid $20B for a company that missed its revenue target by 75%
#18It's a shame. Groq was really great. Nvidia is stifling innovation here. I don't understand how market regulators allow this.
I know no one wants to hear this, but this “acquisition “ is nothing of the kind. It’s just Nvidia hiring the four or five guys they need without having to take on the rest of groq. Which, as it turns out, is worthless without those four or five guys.
This is what happens when companies figure out they don’t have to buy out other companies. They just need to pay off shareholders for the right to hire key employees. Which is convenient, since the key four or five guys are usually pretty big shareholders.
It’s no longer necessary to monopolize a market. You can monopolize intellectual capital by just paying ungodly sums of money. The rest will take care of itself.
Re: Nvidia just paid $20B for a company that missed its revenue target by 75%
#19Kind of weird to base the bubble on how tall a stack of $100 bills is...
Re: Nvidia just paid $20B for a company that missed its revenue target by 75%
#20The American Dream /s