My Brain Food This Week...
Investors are loving Africa's logistics space, Tucker Carlson interviews President Putin, and NVIDIA's founder warns if he could, he wouldn't do it again
Story of the week:
He Built a Trillion-Dollar Company. He Wouldn’t Do It Again.
(Ben Cohen)
Key takeaways:
Unexpected Challenges: Jensen Huang, the CEO of Nvidia, reflects on the immense difficulty of building a trillion-dollar company, highlighting the unforeseen obstacles and emotional toll involved in the journey.
Resilience and Ignorance: Despite the hardships, Huang credits resilience and a certain level of ignorance about the challenges as essential qualities for entrepreneurs. He emphasises the ability to ask, "How hard can it be?" as a driving force behind entrepreneurial success.
Nvidia's Evolution: From humble beginnings in a Denny's booth to becoming a central player in the AI economy, Nvidia's success story underscores the importance of visionary leadership, strategic bets on emerging technologies like AI, and weathering significant downturns to achieve monumental growth.
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🤔 What do you think it takes to be a successful entrepreneur? - Let us know in the comments!
💎 Africa
MultiChoice has a huge media asset in its Showmax streaming platform. So much so that the company rejected a billion dollar buyout offer!
Investors are betting big on Africa’s logistics potential. Trafigura and Zijin are already moving thousands of tons of copper through the 100 year old Lobito Corridor
🌎 Global
Just seven years after being founded, OpenAI hit $2 billion in revenue in 2023
Masayoshi Son wants in on the AI chip market. Softbank is looking for $100 billion to build an AI chip venture
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Other reading:
How Javier Milei is trying to curb Argentina’s 250% inflation
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Masayoshi Son Adds $4 Billion to His Wealth on Arm’s 192% Rally
🚀 Podcasts & Video
🤔 What did you think of the story of the week, or any other piece of content? Let me know in the comments!