> Could Satoshi Nakamoto be Jensen Huang? This image is really funny. I think your Levi’s analogy is underselling it. I don’t know what % of gold income went

> Could Satoshi Nakamoto be Jensen Huang? This image is really funny. I think your Levi’s analogy is underselling it. I don’t know what % of gold income went to buying pants but I doubt it’s as high as an AI startups GPU costs. It’s really interesting that NVidia could be getting a huge chunk of this investment money back as revenue. This investment plan would probably be profitable just from driving up valuations and getting other investor’s money as sales revenue even if their equity positions go to zero. Really though, they probably invest by giving GPUs or future-looking GPU commitments at-cost so they get equity at a discount equal to whatever margin they have in their chips.