NVIDIA Corp (NASDAQ:NVDA) has become a $2 trillion company, thanks to a single act of kindness from a former Sega executive. This act saved the company from bankruptcy and set it on the path to becoming one of the world’s most valuable companies.
What Happened: In the 1990s, Nvidia was on the brink of collapse. Its first chip was a failure, and the next one was also doomed. It was at this critical juncture that Jensen Huang, Nvidia’s CEO, sought a $5 million lifeline from Shoichiro Irimajiri, a top Sega executive. Despite having no obligation to do so, Irimajiri provided the much-needed funds, as reported by The Wall Street Journal.
“To his credit,” Huang said, “and my amazement.”
It was this act of kindness that saved Nvidia, and it’s a lesson Huang has never forgotten. “You can't discount the kindness of people when ...