Comment by perlgeek

VC investments are inherently high-risk, high reward. That is, most of the investments will go to zero, but hopefully one or two really good ones make up for it. In order to make that work, you have to invest in many different startups, which is what Nvidia seems to do.

Nvidia has the additional advantage that some of their invested money will make it back to them in the form of dollars spent on compute, which makes their investments cheaper for them, relatively speaking.

> If it can be explained, that every investment is good now, and the answer to the previous question is something like "greed", why stop at a measly billion? Why not just, say, 10 billion?

If the startup isn't looking to raise 10 billion, why give it 10 billion? Instead, give 10 startups one billion each, to spread out the risk.