Have you heard of a company called NVIDIA?
Started in 1993 as a graphics chip company by Jensen Huang (Founder & CEO), Chris Malachowsky and Curtis Priem, NVIDIA is now a global behemoth cutting across hardware, software, AI, Networking, Embedded Systems , and Cloud Computing for various industries such as healthcare, financial services, gaming, manufacturing, consumer internet, transportation, media, telecommunications, energy, construction, smart cities and more.
The company has 20,000 employees today and FY 21 revenue was $16.7 Billion. Its market capitalization is close to $700 Billion. I won’t be surprised to see this company scale greater heights. However, the reason for my belief is not it’s accomplishments but something else.
Can you take a guess?
Back in 2016, this is what Jensen Huang said about NVIDIA: “I always think we are 30 days away from going out of business. That’s never changed. It’s not a fear of failure. It’s really a fear of feeling complacent, and I don’t ever want that to settle in.”
Even at this level, Jensen Huang is focused on not getting complacent. Thus, I have no doubt about the future of this company. The culture of the company seems to be something else.
What about us?
What about our industry?
What about you?
In our industry, at an AUM of Rs.100 Crore people start getting complacent. At Rs.500 Crore, they start behaving like lazy kings and at Rs.1000 + Crore – the less said the better.
It’s time to wake up and shake up.
While we might not be 30 days away from going out of business, India needs real financial professionals like you.
The industry and people are counting on you.
The question is, can they?