How Nvidia became the cornerstone of modern computing

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products that others would envy, and Nvidia’s (NVDA) green logo is designed to evoke the phrase — you guessed it — “green with envy.”And perhaps it’s not surprising that the company that CEO Jensen Huang co-founded in a Denny's restaurant in San Jose, CA, in April 1993 with Chris Malachowski and Curtis Priem might spark a little resentment in some circles.Since that first meeting, when the initial business plan for the company was reportedly sketched out on a paper napkin, Nvidia has mushroomed into a multi-trillion-dollar company employing tens of thousands of people and serving the likes of such hyperscalers as Amazon (AMZN), Meta Platforms, (META) Alphabet (GOOGL), and Microsoft (MSFT).“We are in every cloud,” Huang said in an earnings call. “We are in every center. We are all over the world.”CEO Jensen Huang says "Nvidia is all over the world."Fallon/AFP via Getty Images · Fallon/AFP via Getty ImagesNot bad, considering Huang once washed dishes for Denny’s, which commemorated the historic meeting by placing a plaque above the booth where the company was born and offering “Nvidia Breakfast Bytes” last year, featuring four sausage links wrapped in buttermilk silver dollar pancakes, one of the CEO’s favorites.But it wasn’t an easy road to that place of honor on Denny’s menu.More Nvidia:Nvidia stock gets major reality check on ‘$100B’ numberNvidia CEO delivers blunt 7-word rebuttal on software stocksBank of America resets Nvidia price target after earningsNvidia was on the brink of bankruptcy in the mid-1990s after a failed deal with video game colossus Sega to build a graphics chip for the Dreamcast, which did not align with Microsoft's DirectX.Running out of cash, Huang flew to Japan to tell Sega’s CEO the product wouldn’t work and that they should cancel the deal, while also admitting Nvidia needed the final $5 million payment to stay afloat.Sega paid the remaining funds and allowed them to keep the money, providing a crucial six-month lifeline to develop the RIVA 128 chip, which ultimately saved the company.“Suffering is part of the journey. You will appreciate it for these horrible feelings that you have when things are not going so well. 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