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Jensen Huang on the Sega failure that saved NVIDIA.

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hinata

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Jensen Huang: SEGA invested $5 Million in NVIDIA in 1996, converting the final payment from a cancelled graphics chip contract originally intended for the Dreamcast. After NVIDIA went public, SEGA sold its shares for around $15 Million a three fold return in just four years. Jensen Huang later remarked that if SEGA had held onto that stake, it would be worth around $1 Trillion today. #SEGA #NVIDIA
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Jensen Huang: SEGA invested $5 Million in NVIDIA in 1996, converting the final payment from a cancelled graphics chip contract originally intended for the Dreamcast. After NVIDIA went public, SEGA sold its shares for around $15 Million a three fold return in just four years. Jensen Huang later remarked that if SEGA had held onto that stake, it would be worth around $1 Trillion today. #SEGA #NVIDIA

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Jensen Huang reflects on how SEGA saved Nvidia back in 1995 as the companies celebrate their 30-year partnership anniversary. "At one point, I had to fly to Japan and explain to SEGA's CEO that the technology they contracted us to build would not work. Asked to be released from a contract we could not complete, and then asked that they still pay us ... It was embarrassing and one of the hardest things I have ever done," Jensen Huang said.
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