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Winner Winner, Chicken Dinner
Three titans toasting
To the untrained eye, it looked normal.
Three guys toasting and celebrating.
But it was more than that because the three individuals were NVIDIA’s Jensen Huang, Samsung’s Lee Jae-yong, and Hyundai’s Chung Eui-sun.
In that photo op, we saw three different industries (AI, semiconductors, and automotive), acknowledging that the next wave of progress won’t come from competition, but from collaboration.
Each of those leaders represents a cornerstone of the modern economy:
AI that turns data into action.
Chips that make intelligence possible.
Cars that move people and information.
On their own, they’re strong. But together, they’re unstoppable.
That’s not just symbolism either. It’s showing up in the numbers.
Your career will thank you.
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NVIDIA just reported another blowout quarter. Their data center sales are up more than 70% year over year.
That’s what happens when you don’t try to do everything yourself. They’re powering an entire ecosystem, including cloud companies, automakers, and AI startups, all of which are building on top of their chips.
Tesla, on the other hand, is feeling the squeeze.
Despite record deliveries, their profit margins have been cut almost in half this year.
To me, that’s an indicator that when you try to own every part of the process, it’s tough to stay flexible when the market shifts.
And then there’s Microsoft.
Azure, their cloud business is still growing at roughly 40% year over year, because they’re doing the opposite of Tesla.
They’re not trying to control everything. Instead, they’re helping other companies build and scale on their platform.
Are you noticing a pattern here?
The companies winning right now aren’t building walls. They’re building bridges.
What a great reminder that companies building within ecosystems, not isolation, are the ones capturing the upside.
Ecosystem plays are outperforming solo operators in markets and in business.
And it made me think about how the same thing plays out in our world.
We talk a lot about networking.
It’s all about who you meet, who you know, and what we can do for each other.
However, I think the best connections don’t just help the people in the room. They help the entire ecosystem around them.
That’s the kind of networking that matters. It’s less about climbing ladders and more about building bridges.
Because when one person wins, the whole table eats.
As parents in capital markets, we see it every day.
A colleague covers for you when your kid’s sick. You return the favor when they need it.
A mentor takes a call late at night to walk you through a tough situation. You do the same for someone else in the future.
These exchanges aren’t transactional; they’re transformative.
That’s what I want you to focus on.
I want you to realize the relationships you’re building now are creating ripple effects that’ll influence your future.
While your next toast might not happen in Seoul with three of the world’s brightest minds, it could happen at a conference or in line at school pick up.
No matter how seemingly small the exchange, it could change more than you think.
This week’s challenge:
Make one connection that isn’t for your own gain.
Introduce two people who you think should know each other, and let them take it from there.
PS If you know another parent working in capital markets, forward or share this link. We’d love to have them join the Capital Markets Dad community!

