This Week in Startups NEWS: Nvidia’s insane earnings beat, Arm’s IPO filing, and more! | E1797
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Aug 24, 2023 Dive into Nvidia's explosive quarterly earnings and how they’ve reshaped the tech landscape. Discover Arm's significant IPO filing and its implications for the industry. There's valuable insight on navigating accelerators for founders, and the discussion also highlights GPU investment trends and startup product velocity. The conversation wraps up with the intricacies of Arm's business model amidst competition and the evolving dynamics of the tech world. Don't miss the ethical critiques surrounding startup funding and accelerator practices!
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Cautionary Advice on Nvidia
- Jason Calacanis appeared on Fox Business and advised against buying Nvidia stock without a long-term perspective.
- He predicts emerging competition and emphasizes the temporary nature of hype-driven growth.
Nvidia's Induced Demand and Potential Glut
- Induced demand, like increased highway usage after expansion, applies to Nvidia's powerful chips.
- This demand surge in crypto and now AI could lead to overcapacity and price drops, similar to the dot-com fiber glut.
Separate Business and Personal Phones
- Stop using personal phone numbers for startups; it's unprofessional and risky for your business IP.
- Use a service like OpenPhone to easily create separate business numbers, ensuring professionalism and data retention.