{"version":"1.0","type":"rich","provider_name":"Acast","provider_url":"https://acast.com","height":250,"width":700,"html":"<iframe src=\"https://embed.acast.com/$/665dda1b3ce6480013459039/669fbf4b8eb1dacc5fb7a1fc?\" frameBorder=\"0\" width=\"700\" height=\"250\"></iframe>","title":"A Venture Capitalist Nearly Lost His $88 Billion Stake in Nvidia","description":"<p>Venture capitalist Mark Stevens, Nvidia’s second-largest shareholder, invested in the company in 1993 while at Sequoia Capital. Stevens has accumulated approximately $8.8 billion in fortune, with over $4.7 billion tied to his four million Nvidia shares. Nvidia went public in 1999 and faced early challenges such as competition in the chip market and high costs in Silicon Valley. Today, Nvidia is a leader in AI chips, with major clients like Microsoft and Google. CEO Jensen Huang holds 3.8% of Nvidia and aims to produce AI chips with the \"lowest total cost of ownership.\" Nvidia's stock has surged over 3,000% in the past five years, significantly benefiting early investors and long-term employees.</p><p>Learn more on this news visit us at: https://greyjournal.net/news/</p><p><br></p><p><br></p>","author_name":"GREY Journal"}