“Our company is thirty days from going out of business.” That’s the motto at Nvidia, a chipmaker powering the AI revolution. Nvidia’s market cap presently sits at around $1.148 trillion.
Despite its present status as one of the world’s most valuable companies, there’s obviously a humble quality to the business. So many times it wasn’t expected to make it. Something about money running out.
What’s interesting about the Nvidia story is how common it is in the real world of business. To read the various biographies of Elon Musk, is to read how frequently Musk and his businesses came to near ruin in recent decades.
The view here is that Washington Post columnist Megan McArdle would profit from closer reads about Musk, Nvidia, and for that matter the movie industry itself.
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