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Nvidia's Purchase Of Groq Made Chamath Palihapitiya's Investment A Strong Return — But He 'Felt Incredibly Down'
['Chris Katje']
Benzinga - Stock Market Quotes, Business News, Financial News, Trading Ideas, and Stock Research by Professionals
One of those investments became a huge win in 2025 with NVIDIA Corp (NASDAQ:NVDA) acquiring Groq.
Chamath Palihapitiya Depressed After DealPalihapitiya was an early investor in Groq, investing a reported $10 million in the company in 2017 and $52.3 million additionally in 2018.
Those investments helped Palihapitiya have a large ownership stake and get a position on the board of directors.
When Nvidia announced a $20.6 billion purchase of Groq, Palihapitiya said it was incredible for him and for the validation of the company.
Palihapitiya Happiest Before Milestones, Not AfterDuring the podcast and the conversation on the Groq deal with Nvidia, Palihapitiya revealed that he has a tendency to think of all the things that didn't go right when something positive happens.