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A great anecdote of Jensen co-founding Nvidia in 1993. To incorporate and price the shares, a lawyer asked him for any money he had in his wallet. He gave $200 for 20% of Nvidia (stake now >3% and worth over $180B). This is why it’s good to always keep cash on hand. https://x.com/TrungTPhan/status/20934490…
Jensen Huang just passed Larry Ellison and Mark Zuckerberg in net worth with only a 3% stake in NVDA. Compounding feels vertical toward the end. For perspective, it took 24 years for NVDA to reach $100B market cap. 1993 to 2017. Then six years to hit $1T in May 2023 (shortly after ChatGPT). And then another 2.5 years to $5T. Now $5.5T. The $100B increments can go up and down daily.