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It sounds like investors invested billions of dollars making a product that makes million dollars per quarter? So from that perspective, was this ever a succes
by cduzz 2y ago
It sounds like investors invested billions of dollars making a product that makes million dollars per quarter?
So from that perspective, was this ever a successful company or just a grand party thrown by the investors? Isn't this just "how it works" ?
The vast majority of investors in the railroads lost their money; lots of people lost money running fiber around the world, iridium went bankrupt and lots of people use those phones, etc.
- lumost 2y agoNot all investors are looking for the business to be profitable. NVidia investing in AI companies drives up demand for AI chips. NVidia is simply seeking to create a prisoner's dilemma around AI compute spending. If Nvidia is successful, then most of the money they invest will flow back into their coffers as margin + the forced spending by other parties to keep up.