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Come on, calling a round of vendor financing (which is what the NVIDIA money is) "funding" is eggregiously misleading. The only new money entering the sector fr
by bandrami 8mo ago
Come on, calling a round of vendor financing (which is what the NVIDIA money is) "funding" is eggregiously misleading. The only new money entering the sector from this is SoftBank's stake.
- lotsofpulp 8mo agoThey might have dressed up the wording, but the details are all there for anyone who wants to objectively look at the deal. It is a group of two executives making a non coerced deal and disclosing the required information to investors. Might be a stupid gamble, but it's not akin to a loan shark shaking down a hungry, cold person for life's essentials.