It wasn't just startup equity. For example, they are backstopping agreements between customers and to-be-built data centers, so the companies building the data centers can get better loan terms from the bank.
All told there have over $500 Billion in equity deals and "future commitments" like above since July and even more after that.
Even for a $4 Trillion company, that's still quite a lot.
IMO Jensen's affairs might have been leaked because of him being out of control and making too many deals like this. The board might have wanted to fire him, but not say the real reason.
All told there have over $500 Billion in equity deals and "future commitments" like above since July and even more after that.
Even for a $4 Trillion company, that's still quite a lot.
IMO Jensen's affairs might have been leaked because of him being out of control and making too many deals like this. The board might have wanted to fire him, but not say the real reason.