The American Dream /s
Emphasis on Dream!
Nvidia just paid $20B for a company that missed its revenue target by 75%
41–50 of 207 posts
Re: Nvidia just paid $20B for a company that missed its revenue target by 75%
#42This is what happen when your government is run primarily thru corruption. sorry, not corruption! retainer fees and timely stock purchases. different thing!
so same as always, eh? or different this time around?
Re: Nvidia just paid $20B for a company that missed its revenue target by 75%
#43This is missing the point. Even at a clipped revenue projection - $500m at $2b is a 4x multiple on revenue. A 4x for an AI cloud+infra play that targets speed and cost? Where do I send the check? If NVIDIA believes it can take this and scale it, $20b is a no brainer.
Agreed - but why not pay 14B (double their highest valuation)?
Re: Nvidia just paid $20B for a company that missed its revenue target by 75%
#44This article was good, but the blaming the us-east-1 outage on layoffs doesn't seem accurate.
The article was terrible, it read like someone desperately justifying there already made conclusions with anything possible.
Re: Nvidia just paid $20B for a company that missed its revenue target by 75%
#45Re: Nvidia just paid $20B for a company that missed its revenue target by 75%
#46Earlier quoted context omitted.
Well usually they only get acquired when they have something the purchaser wants, revenue was obviously not the get here
The tv series Silicon Valley has a good episode where they discuss the importance of a start-up not having any revenue. Being pre revenue apparently means unlimited potential, with any level of revenue being bad, as you always have to grow it.
I have been in actual conversations where the topic was whether to avoid revenue to prevent being measured on it...
That show was very on the nose about a great many things.
Re: Nvidia just paid $20B for a company that missed its revenue target by 75%
#47This article was good, but the blaming the us-east-1 outage on layoffs doesn't seem accurate.
Thank you for reading. Outages could be vibe regressions, could be something else. I'm definitely making an opinionated leap there.
Re: Nvidia just paid $20B for a company that missed its revenue target by 75%
#48The bubble take is tired. This was regulatory arbitrage: IP licensing instead of acquisition to dodge CFIUS/antitrust. The $13B premium to avoid years of hold up while enriching Chamath and giving Trump's AI Czar a Christmas present. So many other things at play here than just "AI bubble so big it will boom".
Here's my take on what actually happened: https://ossa-ma.github.io/blog/groq
Re: Nvidia just paid $20B for a company that missed its revenue target by 75%
#49Re: Nvidia just paid $20B for a company that missed its revenue target by 75%
#50The 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.
Go talk to someone outside of tech this week, preferably someone working in the trades or something else that's less dependent on a computer, and ask them about their AI use. You'd be surprised how new a lot of the tech concepts in this article are to people that might have only heard of ChatGPT. That is who I'm writing for.
And they aren’t reading you, so lots of wasted words.