Whales are always the most dangerous customer for a company to have. Because once a customer becomes a whale, they can dictate terms under threat of leaving. Or they can create massive secondary damage by their own failing.
Which is why I strongly suspect that many companies will become bankrupt once this AI bubble bursts - and not small ones, either. No, I fully expect nVidia to go into full Chapter 11 and lose 90+% of its value, requiring trillions in bailout in order to “save”.
Anyone who knows anything about boom-bust cycles will be escaping this bubble like rats from a ship.
Whales are always the most dangerous customer for a company to have. Because once a customer becomes a whale, they can dictate terms under threat of leaving. Or they can create massive secondary damage by their own failing.
Which is why I strongly suspect that many companies will become bankrupt once this AI bubble bursts - and not small ones, either. No, I fully expect nVidia to go into full Chapter 11 and lose 90+% of its value, requiring trillions in bailout in order to “save”.
Anyone who knows anything about boom-bust cycles will be escaping this bubble like rats from a ship.
There’s really no way to escape the bubble pop. Not for us normal people anyway.