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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%

#141

Post by chasely »

simonebrunozzi wrote: post #31

> To visualize $1.5 billion: if you cashed that check out in $100 bills and stacked them one on top of another, it would reach a five story building. For ordinary plebeians like us, at the average US salary of around $75K, you’d need to work 20,000 years to earn that. No, we don't need to visualize that.

It also seems, really low?

A stack of bills is roughly 0.5 inches. Assuming a 12-ft joist-to-joist spacing, that's 12 feet per floor \times 12 inches per foot \times 2 stacks per inch = 288 stacks per floor = $2.88M per floor since a stack of 100s is $10k

So that would be a 1,000M / 2.88M ~ 347 story building.

Or is my unit conversion wildly off from dealing with sick kids over the holidays?

Re: Nvidia just paid $20B for a company that missed its revenue target by 75%

#142

Post by bdangubic »

wredcoll wrote: post #139
bdangubic wrote: post #132

Earlier quoted context omitted.

> It's also done moral, beautiful and even heroic things give me a list of these “beautiful and heroic things” - very interested to read them

Ok, I'll play: > We estimate that over the past two decades, USAID-funded programmes have helped prevent more than 91 million deaths globally, including 30 million deaths among children. How about that? Or are you going to come up with some excuse that somewhere, somehow, an american also benefitted from saving all these lives and therefor it doesn't count? [1] https://www.thelancet.com/journals/lancet/article/PIIS01…

I mean you are making this too easy that I can copy&paste above the fold..:

The core reason for creating USAID in 1961, under President John F. Kennedy, was to consolidate and revamp U.S. foreign aid into a single, more strategic agency to counter Soviet influence during the Cold War, promote democracy and free-market principles, and fulfill America's moral and economic role as a global leader. It aimed to separate economic aid from military assistance and make it more effective in fostering development, spreading U.S. values, and creating stable partners, distinct from the bureaucracy of the State Department.

Re: Nvidia just paid $20B for a company that missed its revenue target by 75%

#143

Post by wredcoll »

bdangubic wrote: post #131
wredcoll wrote: post #108

Earlier quoted context omitted.

Ok, give me biden. Where are his lists of corruption scandals[1]? His public statements about taking bribes? I'm not quite sure how to explain this very obvious point: biden and his government was not corrupt in any meaningful sense and trump and his government is extremely corrupt and pretending that they're the same is both factually wrong and has the effect of protecting trump and his corruption. The point isn't t…

[flagged]

Boy I am real tired of this frankly, well, I was going juvenile, but I'm pretty sure most kids are smarter than this, so I'll just call it what it is: an idiotic, damaging and ultimately false understanding of reality.

The world is not some kind of simple morality play and your continued lack of understanding about what has actually happened in the real world is offensive.

It's not because you're ignorant, that's just mildly annoying, it's because you're so proud of your ignorance. The complete unwillingness to grow and learn and challenge your current understanding, that is what is offensive.

There's a great phrase I heard a while back, "thought terminating cliche". You just toss out these blanket statements, "all politicians are evil and corrupt" as if everyone else is supposed to just blindly believe in your assertions and stop thinking for themselves and searching for truths.

Biden did some bad things, possibly even some illegal things (mostly on the premise that every single american has done at least one illegal thing) but he's still vastly superior to trump in any metric you care to choose.

The reason this matters is because we (for now) still get a choice. Are any of the choices perfect? No, obviously not. But we can still choose the better option. We don't have to settle for the worst one.

Re: Nvidia just paid $20B for a company that missed its revenue target by 75%

#144

Post by bdangubic »

wredcoll wrote: post #139
bdangubic wrote: post #132

Earlier quoted context omitted.

> It's also done moral, beautiful and even heroic things give me a list of these “beautiful and heroic things” - very interested to read them

Ok, I'll play: > We estimate that over the past two decades, USAID-funded programmes have helped prevent more than 91 million deaths globally, including 30 million deaths among children. How about that? Or are you going to come up with some excuse that somewhere, somehow, an american also benefitted from saving all these lives and therefor it doesn't count? [1] https://www.thelancet.com/journals/lancet/article/PIIS01…

1 in 5 children are hungry in America right this moment, we don’t do a single fucking thing because we are “good” - can’t believe there are people (you are probably in majority) that still believe this nonsense. wild wild stuff

Re: Nvidia just paid $20B for a company that missed its revenue target by 75%

#145

Post by bdangubic »

wredcoll wrote: post #140
bdangubic wrote: post #133

Earlier quoted context omitted.

so it is shame that is important? As long as we are shameful of corruption etc it is good but once the shame goes away we gonna draw the line?

No, what they said is we had less corruption when people were ashamed of it.

This should be political slogan for 2026/28 election - “Bringing Shame Back to Politics”

Re: Nvidia just paid $20B for a company that missed its revenue target by 75%

#146

Post by arunabha »

bdangubic wrote: post #130
nathan-wall wrote: post #126

Earlier quoted context omitted.

You seem to have a problem with, for starters, differences of scale. All corrupt politicians should be prosecuted, and we have had our fair share. All politicians are not equally as corrupt, and the differences in the levels of corruption are staggering.

how do you measure this? by number of clickbait-y articles you get fed inside your echochamber? or is there a more scientific scale by which we measure corruption that I can educate myself on?

An imprecise, but workable start might be to count the dollar amounts in question and evidence of direct conflict of interests. In both, the current administration has far exceeded previous ones. As others have pointed out, the degree and magnitude of corruption matters. While all corruption is problematic, there is a vast difference between bribes of billions of dollars vs a few thousand.

Or, if you prefer, you can count the number of times a president has pardoned someone he openly says he doesn't know anything about. At least the previous presidents tried to make up a plausible sounding reason.

Re: Nvidia just paid $20B for a company that missed its revenue target by 75%

#147

Post by credit_guy »

wmf wrote: post #101
credit_guy wrote: post #57

Earlier quoted context omitted.

> It's a shame. Groq was really great. Nvidia is stifling innovation here. I don't share your view. Groq continues to exist. Nvidia did not take any or their hardware, so the same Groq you access on OpenRouter will exist tomorrow or one year from now. If anything, they'll significantly increase their presence, since they just got $20 billion in cash. As for Nvidia stifling innovation: one can argue that they do the o…

The people now working for Nvidia will keep innovating but now with monopolistic pricing. The $20B will be paid out to investors. Maybe GroqCloud will keep $1B to keep the lights on for a few years.

> The $20B will be paid out to investors.

You are stating this as a fact. Do you have any links?

Otherwise, the simplest interpretation is that the $20B is paid by Nvidia to Groq, the company, not the investors. I don't even think it is legally possible for Nvidia to do a deal with Groq's investors directly, rather than with Groq.

Re: Nvidia just paid $20B for a company that missed its revenue target by 75%

#148

Post by breppp »

bdangubic wrote: post #133
breppp wrote: post #117

Earlier quoted context omitted.

The major difference is the disappearance of shame. However, the greatest enablement was the overblown cynicism large swaths of the american elites had towards the national proclaimed values. When you think everything is cynical even when it is not then the next step is to have governments that are completely cynical.

so it is shame that is important? As long as we are shameful of corruption etc it is good but once the shame goes away we gonna draw the line?

yes, when politicians aren't ashamed of corruption, corruption has no self imposed limits

Re: Nvidia just paid $20B for a company that missed its revenue target by 75%

#149

Post by bdangubic »

arunabha wrote: post #146
bdangubic wrote: post #130

Earlier quoted context omitted.

how do you measure this? by number of clickbait-y articles you get fed inside your echochamber? or is there a more scientific scale by which we measure corruption that I can educate myself on?

An imprecise, but workable start might be to count the dollar amounts in question and evidence of direct conflict of interests. In both, the current administration has far exceeded previous ones. As others have pointed out, the degree and magnitude of corruption matters. While all corruption is problematic, there is a vast difference between bribes of billions of dollars vs a few thousand. Or, if you prefer, you can…

re-read your own comment and then question just how silly the argument you are making is. starting from the bottom, you are saying it was better before when President made an effort to lie about shit they did.

then you are talking about counting dollar amounts as if we have access to bank accounts and shit to check these “dollar amounts” to see who stole more (we don’t but I am sure you can find some stories about some made up numbers and go “here, Trump this, Clinton that, Trump > Clinton - boom)

And my fav, the “degree and magnitute” is the shit, that is also something we can scientifically measure LOL. I am left-leaning centrists, most of my friends are right-leaning and for the AOC is more corrupt than Trump so you know, whatever world you live in will define “degree and magnitude”

Re: Nvidia just paid $20B for a company that missed its revenue target by 75%

#150

Post by wmf »

credit_guy wrote: post #147
wmf wrote: post #101

Earlier quoted context omitted.

The people now working for Nvidia will keep innovating but now with monopolistic pricing. The $20B will be paid out to investors. Maybe GroqCloud will keep $1B to keep the lights on for a few years.

> The $20B will be paid out to investors. You are stating this as a fact. Do you have any links? Otherwise, the simplest interpretation is that the $20B is paid by Nvidia to Groq, the company, not the investors. I don't even think it is legally possible for Nvidia to do a deal with Groq's investors directly, rather than with Groq.

Right; Nvidia pays Groq then Groq pays the investors. Groq has no better use for the money.
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