I’m unsure the point of the vision fund was to make safe long term bets. At the end of the day, it’s unclear to me how nvidia would use an extra 10B dollars - other than pour that into R&D (in which case does that really cost $10B - and if your thesis is R&D, universities tend to do a better job anyways).

The thesis for Uber (and wework) was simpler - assuming they had sound unit economics, give them $XB to repeat all over the world. In fact if Uber didn’t mistakenly give Lyft a second life, Uber might be in a much better spot.

I think the problem is, companies like Uber, Wework and Wag work really well in wealthy cities like SF and NYC, but not as well in other cities. I live in SF and WeWork “works” there are glut of companies coming in and out of the VC machine that need temporary space that end up needing to also scale up quickly. However that’s unique to SF and SF is such a large market, maybe it looks sound until it doesn’t.