Patel distinguishes NVIDIA's revenue from positive cash flows versus Cisco's dot-com era credit-funded telecom buildout
“Cisco's revenue, a lot of it was funded through private slash credit investments into building out telecom infrastructure. Right? When we look at NVIDIA's revenue sources, very little of it is private slash credit.”
Bg2 Pod
“The Middle East, the sovereign wealth funds in Singapore and and Nordics and, you know, Canadian pension fund and all these folks.”
Gurley notes AI companies have raised billions of dollars each at unprecedented levels despite being early stage startups.
“So yeah, you could call them early stage startups, but you could also I mean, who they've raised billions of dollars each, you know,”