I may concede it's "luck" to start a company in computing, rather than another industry. All the $1T+ companies seem to be in computing -- if you go into fossi

I may concede it's "luck" to start a company in computing, rather than another industry. All the $1T+ companies seem to be in computing -- if you go into fossil fuels or real estate, you're not going to get to $1T apparently! BUT one thing I didn't know was that, from the very beginning, Nvidia was not a graphics or gaming company. In college, I thought of them as the company that made graphics cards. Rather, they were looking for applications of fundamental semiconductor technology, and gaming turned out to be the most promising one at the time. I learned that from one of the Acquired podcasts; it might have been this one: https://www.acquired.fm/episodes/nvidia-the-gpu-company-1993-2006 https://www.acquired.fm/episodes/nvidia-the-gpu-company-1993... I'd say it's analogous to Amazon -- Jeff Bezos was actually not interested in books, per se. He was interested in Internet retail, because he saw a rocket that was taking off. The "meta" was that he understood that an online bookstore could inherently have more selection than a physical bookstore. And that he could build this vertical slice business, and expand from there. This strategy succeeded wildly, and he was misunderstood for a long time. Jensen said something like "Intel and Nvidia are like Tom and Jerry -- whenever I see Intel in a market, I pick up my chips and run !!!" So crypto and AI were applications of semiconductors that Intel was not occupying. If you wanted to make money in semiconductors 2000-2015, you would probably go for desktops, servers, phones. But Jensen explicitly understood that his smaller company had to find other markets. So he made a bet, that turned out to be correct. From that perspective, I would not call it luck. All the big companies have been lucky, to some extent, but they haven't become as big as Nvidia.