3 ms·
Yeah, NVDA could sell the shares on the market, and buy with cash. In practice, selling that many shares tends to cause downward pressure on the stock price.
by ZetaZero 5y ago
Yeah, NVDA could sell the shares on the market, and buy with cash. In practice, selling that many shares tends to cause downward pressure on the stock price. But it is an option.
That said, Nvidia was still trying hard to make the deal work, even at that price. Jensen strongly believed the deal would be worth many multiples of the acquisition cost.
- RC_ITR 5y agoYeah, without going too much into ad hominem, Jensen has been rewarded for not giving AF about what the markets think and focusing on R&D-heavy innovation (seriously listen him talk about how short-sighted the market is being about GPUs in 2012-2014). The counterpoint ofc being (with Facebook/Meta being a great example), just because a CEO was once a visionary doesn't mean they are infallible.