Collison: Silicon Valley over-valorizes unrelated second acts compared to vertical focus
John Collison · Tobi Lütke is still captivated by internet commerce, 20 years later · Oct 6, 2025 · at 1:02:06
Stripe co-founder John Collison and Shopify CEO Tobi Lütke discuss organizational focus and why Nvidia succeeded by continuously expanding within GPUs.
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“I think second acts are kind of a bit over-valorized in Silicon Valley somehow, where everyone talks about, oh, we want to do, like, a new AWS is kind of the coolest thing ever, where you do a second thing that is completely unrelated to the first thing, versus NVIDIA is the largest company in the world, and they just started making GPUs in the nineties, and it turns out a lot of people want GPUs, and I mean, they did obviously lots of incremental expansion from there, like calling them GPUs is doing a disservice, But it's in a very hill-climbing expansion way, I think.”
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